Mohammed Al Amoudi
At a Glance
- Age: 66
- Source: oil , self-made
- Residence: Jeddah, Saudi Arabia
- Country of citizenship: Saudi Arabia
- Marital Status: Married
- Children: 8
Profile
Son of Saudi father and Ethiopian mother, Al Amoudi started investing in Sweden in the 1970s. His construction company Midroc scored contract to build Saudi Arabia's nationwide underground oil storage complex in 1988; estimated $30 billion project solidified his fortune. Amoudi is close to the Saudi royal family, which sees him as a can-do guy and encourages his growing business empire in Ethiopia, more »
Latest News
The Forbes top 100 billionaire rich-list
Jersey, 67, $10.5, candy 58. John Mars, Virginia, 70, $10.5, candy 61. Viktor Vekselberg, Russia, 49, $10.4, oil, metals 62. Serge Dassault and family, France, 81, $10, aviation 62. Charles Ergen, Colorado, 54, $10, EchoStar 62. Michele Ferrero and family, [...] read »
LinkMed: Olerup SSP Broadens its Portfolio With HLA Sequencing Based Typing Products from Australian Company Conexio
LinkMed (STO:LMED) transplantation company Olerup SSP has signed an exclusive five-year global marketing, sales and distribution agreement with the Australian company Conexio for Conexio’s SBT Resolver™- HLA Sequencing Based Typing product line and [...] read »
Herd of cows on the pitch? Now that's Iffy
rapidly-expanding capital might be good, funded largely by the man running the sport in Ethiopia, millionaire Sheikh Mohammed Al Amoudi. But it is different beyond the capital. ÂI took the squad to a training camp outside Addis. In the morning I said to the [...] read »
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Ethiopia: Agribusiness boom threatens key African wildlife migration
and the bush suddenly gives way to the vast compound of the other large investor, Saudi oil billionaire Sheik Mohammed Hussein Ali Al Amoudi. Both concessions are being developed at a breakneck pace with heavy machinery everywhere, clearing forests, draining [...] read »
Prince Alwaleed Bin Talal No. 26 in Forbes Billionaires List
on the list last year. He dropped seven places now that heâs just on number 26. At 63rd place is Middle East businessman Mohammed Al Amoudi. He is the second highest ranked billionaire from the Middle East with his $12.3B assets. Remaining on the top spot, [...] read »
Foreign big agriculture threatens world's second largest wildlife migration
agribusinesses including Karuturi Global Limited of India and Saudi Star owned by billionaire Sheik Mohammed Hussein Ali Al Amoudi. Part of the problem is the park is not quite official. "It turns out that the park, though marked on maps, has never been [...] read »
Agribusiness Boom Threatens Key African Wildlife Migration
the bush suddenly gives way to the vast compound of the other large investor, Saudi oil billionaire Sheik Mohammed Hussein Ali Al Amoudi. Both concessions are being developed at a breakneck pace with heavy machinery everywhere, clearing forests, draining swamps, [...] read »
Billionaire's libel action over article read by 21 people fails
AG, which he alleges implies that the business is run corruptly. Another billionaire, Saudi Arabia’s Sheikh Mohammed Hussein Ali Al Amoudi, is pursuing the US-based Ethiopian Review and is also suing in London. The court refused to accept jurisdiction in the [...] read »
Numbers
- Net Worth Over Time
- $12.3 B
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