Mohammed Al-Amoudis biography, fact, career, awards, net worth & life story

Publish date: 2024-05-22

Saudi Arabian/Ethiopian businessman and billionaire, Mohammed Al-Amoudi has an estimated net worth of $8.35 billion in May 2019. The son of Saudi father and Ethiopian mother, Al Amoudi started investing in Sweden in the 1970s. His construction company Midroc scored a contract to build Saudi Arabia’s nationwide underground oil storage complex in 1988; estimated $30 billion project solidified his fortune. Mohammed Al-Amoudi is the richest black person in the world. He has been investing in Ethiopia since the late 1980s.

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