ONE OF THE RICHEST MAN IN AFRICA!

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Sheikh Mohammed Hussein Al-Amoudi
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Full Name: Sheikh Mohammed Hussein Al Amoudi
Born: 1946
Place of Birth: Weldia, Wello- Ethiopia
Parents: Ethiopian mother and Yemeni father.
Citizenship: He immigrated to Saudi Arabia in 1965 and became a Saudi citizen.
Marital Status: Married.
Occupation: Businessman

Total Net Worth: $6.9 billion (Forbes Magazine- March 2006)

Primary Source of Income: Oil. Al Amoudi originally made his fortune in the construction and real estate business. (Forbes Magazine)

Investment in Ethiopia: More than US$1 billion (The Reporter, Ethiopia)

Companies in Ethiopia:
MIDROC-Ethiopia is the parent company and operates close to 45 other sister enterprises such as Sheraton Addis, Midroc Construction Ethiopia Moha Soft Drinks S.C., National Mining Corp., National Motor Companies, Ethio Leather Industries (ELICO) P.L.C., Dashen Bank, Elfora Agro-Industries P.L.C., Bauer-Midroc, Sara Lamps, Ethio Coffee & Tea Plantation & Marketing P.L.C. and Kombolcha Steel Products Industry (KOSPI), to name a few. (Source: Tiret Magazine)

Number of Employees in Ethiopia: More than 15,000. The largest individual employer in the country. (Source: Addis Tribune)

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