Thursday, July 7, 2011

Mohammed Al-Amoudi Is 6th In “The World’s 50 Richest Arabs”

Mohammed Al-Amoudi Is 6th In “The World’s 50 Richest Arabs”

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Mohammed Al-Amoudi, according to www.ArabianBusiness.com, is 6th among the world’s 50 richest Arabs.

Net Worth: US$ 9.2 Billion
Country of Residence: Saudi Arabia
Industry: Energy, Healthcare, Travel & Hospitality, Construction & Industry, Banking & Finance
Companies: Saudi Amoudi Group, Corral Group, Midroc Group

Born 61 years ago in Ethiopia, to a Yemeni father, Mohammad Hussein Al Amoudi was raised in Saudi Arabia. He made his first fortune in construction and real estate before branching out into buying oil refineries in Sweden and Morocco.

Today he is one the largest foreign investors in both Sweden where he was honoured with the Royal Swedish Order of the North Star by King Carl XVI – and his native Ethiopia, where he bankrolls the national soccer team.

Today Al Amoudi owns a broad portfolio of businesses not only in oil but also in mining, agriculture, hotels, hospitals, finance, operations and maintenance.

His holding and operating companies, Corral Group and the Midroc Group, employs more than 40,000 people.

Corral Group has an investment portfolio in Europe and the Middle East that includes Preem Petroleum, the largest integrated petroleum company in Sweden, Svenska Petroleum & Exploration [SPE], SAMIR [a petrochemical and refinery company in Morocco], Naft Services Co [Saudi Arabia] and Fortuna Holdings Co [Lebanon].

I’d love to hear your perspectives on this- leave a comment if you have anything to say…

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15 Responses

  1. before i donno knw him dat much wat i mean z i knew he is the richest man in ethiopia but after i saw da DVD about him i was like ohhh he is da man coz he helps lot of people and wat he have done 4 ethiopia,god bless him……………………………….
    plus he z waloya, ma mum is from dar so big up 4 waloyas, waldeas people

    am not bein recist but u knw …………………………..

  2. projecto legal agua de mar en agua potable
    le importa contact us via e-mail a excelcio67@hotmail.com
    costo alto.

  3. He is half ethiopian

  4. [...] Mohammed Al-Amoudi is a God-like figure in Ethiopia. A poor country in which money can buy you a lot of friends and short-cuts. [...]

  5. we luck to have some one like him, i never know any one who invest 1 billion for our poor country. God bless him. i love him already.

  6. Dear Baty,
    I understand that English is not the first language for us. Please my friends, please do not insult other Waloyas by writing such poor and indecipherable postings. This is not an SMS where everything has to be abbreviated.

    The first step to success is having the ability to communicate well.

  7. The number of agro-industries in Ethiopia are limited. Ethiopia exports its unprocessed agricultural products for lower foriegn currency, but imports vegetable oils, canned foods, juices, meats, milk products, chicken products and even Nestle cofee with high foriegn currency.
    I think it will be good for for Al-Amudhi to open more industries in this sector and because, ofcourse, I am part of it.

  8. MY DEAR ONE.

    AND I AM WRITTING YOU THIS EMAIL ONLY TO SEEK FOR YOUR ASISTANCE IN GOOD FAITH.AFTER READING MY MAIL,I WILL WANT YOU TO BEAR WITH MY REQUEST AND BE OF GOOD ASISTANCE TO ME,BECAUSE BAD PEOPLE IN THIS WORLD HAS MADE US NOT TO TRUST THE GOOD ONCE AGAIN. BEFORE ANY THING I WILL WANT YOU TO PUT ALL TRUST IN GOD ALMIGHTY,WITH HIS HOLY AND MERCIFUL NAME ALL THINGS ARE POSSIBLE.

    I AM JOY FARIGATHE ONLY DAUTHGER OF LATE MR.MANDY FARIGA,MY FATHER WAS A VERY RICH METAL MERCHANT, BASED IN ABIDJAN; THE ECONOMIC CAPITAL OF IVORY COAST BEFORE HE WAS POISONED TO DEATH BY HIS BUSINESS ASSOCIATES ON ONE OF THEIR OUTINGS TO DISCUSS ON A BUSINESS DEAL .

    WHEN MY MOTHER DIED , MY FATHER TOOK ME SO SPECIAL SINCE I AM MOTHERLESS. BEFORE THE DEATH OF MY FATHER IN A PRIVATE HOSPITAL WHERE HE WAS ADMITTED, HE CALLED ME SECRETLY TO HIS BED SIDE AND TOLD ME THAT HE KEPT A SUM $7. 500.000 (SEVEN MILLION FIVE HUNDRED THOUSAND UNITED STATES DOLLARS)COMPILE IN A METALLIC BOX AND DEPOSITED WITH ONE OF THE SECURITY CONPANY IN ABIDJAN COTE D’IVOIRE.HE ADVICED ME TO RUN OUT OF THE COUNTRY IMMEDIATELY. MY LATE FATHER ALSO SAID THAT THE SECURITY COMPANY DOES NOT KNOW THE CONTENT OF THE BOX.

    HE DECLEARED IT AS FAMILY TREASURES AND USED MY NAME AS HIS ONLY DAUTHGER FOR THE NEXT OF KIN AND I HAVE A YOUNG BROTHER .MY FATHER ALSO EXPLAINED TO ME THAT IT WAS BECAUSE OF THIS MONEY HE WAS POISONED BY HIS BUSINESS PARTNER AND THAT I SHOULD SEEK FOR A FOREIGN PARTNER IN A COUNTRYOF MY CHOICE WHERE I WOULD TRANSFER THIS MONEY AND USE IT FOR AN INVESTMENT PURPOSE, SUCH AS : REAL ESTATE INVESTMENT OR STOCK MARKET INVESTMENT.

    I AM HONOURABLY SOLICITING YOUR KIND ASSISTANCE AS FOLLOWS :
    1) TO HELP ME CLAIM THE BOX FROM THE SECURITY COMPANY.
    2) TO SERVE AS THE GUARDIAN OF THESE FUND, SINCE I AM A GIRL OF 21 YEARS OLD.
    3) TO MAKE ARRANGEMENT FOR ME IN YOUR COUNTRY TO CONTINUE MY
    EDUCATIONAL CAREER AND TO PROCURE ME A RESIDENTIAL PERMIT IN YOUR COUNTRY.

    I AM INCLINED TO OFFER YOU 20% OF THE TOTAL SUM AS A MODE OF COMPENSATION FOR YOUR EFFORTS AFTER THE CLAIM OF THESE FUND TO YOUR COUNTRY. PLEASE,I WILL BE VERY HAPPY IF THIS TRANSACTION WILL BE CONCLUDED WITH IN SEVEN (7) WORKING DAYS FROM NOW.

    I WILL LIKE YOU TO GIVE ME YOUR DIRECT TELEPHONE NUMBER AND I WILL BE WAITING FOR YOUR URGENT RESPONSE .

    THANKS

  9. he is a great man and more than any other ethiopian he deserved to be the “man of the millenium”.I hope “GOD” gives him whatever he wants because this man has done a lot to the country that i love and will die for “ETHIOPIA”..no words to thank this man.

  10. He is the great guy for Ethiopia he helps thousends of Ethiopians thanks to God give us generouse and rich guy for Ethiopia God bless him and his money.His mum and dad from Ethiopia as far as i know.

  11. He is Black not Arab! More power to this brother for setting a great example in the business and political world, that Sub-Saharan can compete on a global scale. He should be a symbol to all Black and Brown People, if you believe it you can achieve it.

  12. If he were poor, he would be called a black nigger, but he has money so he is Arab?! What a world.

  13. As you are good samaritan,i want you help me with only $500.000.000.00.to enable me further my education.becouse mine is a special.and i also promise after complation i will work with one of your companies.i am expecting to hear from you.

  14. Please I will like you to use your good position to come to my aid.

    Your Brother,
    Iyke.

  15. GOD BLESS THIS BROTHR FORGET EVRETHING HE BELIVE IN WORK AND PROGRESS HE is OUR BROTHER LET HIM WORK AND STAND BESIDE HIM


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