Mohammed Al Amoudi
Sheikh Mohammed Hussein Ali Al Amoudi (Arabic: محمد حسين العمودي; born 1946 in Dessie, Ethiopia but grew up in Weldiya) is a Saudi Arabian /Ethiopian business magnate who lives in Ethiopia and Jeddah, Saudi Arabia. In 2006 his net worth was estimated as between $2.5 and $6.9 billion, causing Arabian Business to rank him as the world's 8th richest Arab, and Forbes to rank him as the world's 77th richest person. Al Amoudi's father is Yemeni and his mother is Ethiopian. He immigrated to Saudi Arabia in 1965 and became a Saudi citizen. Depending on disparate ethnic categorizations, and Al Amoudi's mixed Ethiopian and Yemeni parentage, he is considered to be the richest black person in the world and/or one of the richest Arab.
Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is said to be the largest foreign investor in both Sweden and Ethiopia. He holds an Honorary Doctorate in Philosophy from the Addis Ababa University and has been honoured with the Swedish Royal Order of the Polar Star by King Carl XVI Gustaf of Sweden.
