Tag: Mohammed Al-Amoudi

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Ethiopian billionaire Mohammed Al-Amoudi’s net worth slumps by $520 million in September

The decline in his net worth brings his year-to-date wealth loss to $1.61 billion.

Ethiopian billionaire Mohammed Al Amoudi’s wealth slumps after earning $230 million in July

His net worth fell in the first two weeks of August by $140 million.

Ethiopia’s wealthiest man Mohammed Al-Amoudi gains $230 million in July; net worth nears $6 billion

The increase in his net worth follows a $1-billion wealth loss in the first half of 2022.

Ethiopia’s richest man Mohammed Al-Amoudi loses nearly $1 billion this year

Al-Amoudi has lost his position as Africa's sixth-richest man to Nigerian billionaire Mike Adenuga.

Ethiopian billionaire Mohammed Al-Amoudi falls from world’s 367th to 406th richest man

His net worth fell after Preem, Sweden's largest oil refiner, reported a 31-percent drop in revenue.


South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.