This follows a $320-million gain in Al-Amoudi’s net worth between March 28 and April 12.
"Ethiopia"
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Al-Amoudi derives a significant portion of his wealth from his stake in Preem, which surged from $3.74 billion on Jan. 1 to …
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The recent uptick in his fortune is mainly credited to the strong performance of his broad industrial investments in Sweden, Saudi Arabia, …
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Ethiopia’s richest man Mohammed Al-Amoudi’s net worth has declined by $100 million in just six days, the latest setback in a string …
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Al-Amoudi’s fortune has dwindled from $9.29 billion on Feb. 25 to $9.13 billion.
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For Mohammed Al-Amoudi, this potential deal represents an opportunity to derive further value from his investments in the oil and gas industry.
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The surge in his fortune propels Al-Amoudi to 259th place on the prestigious list of the world’s 500 wealthiest billionaires.
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Zemen Bank, established in 2008, has emerged as a key player in Ethiopia’s financial services industry.
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The primary driver behind this surge is attributed to the robust performance of his diverse industrial assets across Sweden, Saudi Arabia, and …
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The $3.6-billion surge in Al-Amoudi’s fortune represents a daily average gain of $10 million throughout the year.