Mohammed Hussein Al Amoudi

Mohammed Hussein Ali Al-'Amoudi is an Ethiopian-Saudi billionaire businessman. He was born in Ethiopia in 1946 to a Hadhrami father and an Ethiopian mother. In 2016, his net worth was estimated by Forbes at approximately $10.9 billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation. He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest person of African descent in the world. Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.