Al-Amoudi derives a significant portion of his wealth from his stake in Preem, which surged from $3.74 billion on Jan. 1 to …
Ethiopia’s richest man
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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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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.
- Horn of Africa
Ethiopia’s richest man Mohammed Al-Amoudi secures spot among world’s 300 richest individuals
Apart from his stake in Preem, Al-Amoudi maintains shares in Midroc Gold, Svenska Petroleum Exploration, Samir, and Okote Gold.
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Ethiopian business mogul Mohammed Al-Amoudi claims the 268th spot among world’s richest billionaire.
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Al-Amoudi is now ranked 443rd on the Bloomberg Billionaires Index.
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Al-Amoudi still remains Ethiopia’s richest man and one of Africa’s wealthiest businessmen.