The World's Billionaires
#64 Mohammed Al Amoudi
03.10.10, 06:00 PM EST
| Previous: Ricardo Salinas Pliego & family | Next: Ernesto Bertarelli & family |
Hans Berggren
| Net Worth: | $10.0 bil |
|---|---|
| Fortune: | Self Made |
| Source: | oil |
| Age: | 65 |
| Country Of Citizenship: | Saudi Arabia |
| Residence: | Jeddah |
| Education: | NA |
| Marital Status: | Married, 8 children |
Born in Ethiopia to Saudi father and Ethiopian mother, Al-Amoudi claims to be investing more than $3 billion into Ethiopian agriculture and industry with the aim of modernizing farming and eventually exporting much of the output to Saudi Arabia. Also owns mine in Ethiopia that puts out 5 tons of gold a year. Started investing in Sweden in 1974; stakes there now comprise half his fortune: Preem operates two refineries; Svenska Petroleum produces crude oil in the North Sea and west Africa. Construction company Midroc operates in Europe, Africa and Middle East. In recent years completed estimated $30 billion contract with Saudi Arabia to build vast underground oil storage caverns.
| Previous: Ricardo Salinas Pliego & family | Next: Ernesto Bertarelli & family |
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For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 12, 2010.
Reader Comments
Posted by yaredteshager | 04/12/11 01:05 PM EDT 
Tags: Mohammed Al AmoudiPosted by AhmedNuru | 01/09/11 12:30 AM EST
god help you! you are the best man in the world!
Posted by medhin | 12/21/10 07:31 AM EST
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