Our Chairman, Sheik Mohammed Hussein Ali Al - Amoudi, has been ranked 97th richest person in the world, with a net worth of USD 9 Billion.

According to the latest Forbes magazine, Sheik Mohammed is the World’s Richest Black Person Born in Ethiopia. Forbes lists him as 97th richest person in the world, and the 6th richest in Africa and the Middle East. According to the Magazine, born in Ethiopia and now a Saudi citizen, Shiek Mohammed Hussein Ali Al Amoudi made his fortune in construction and real estate before betting on energy.

He Owns Swedish refinery Preem as well as Svenska Petroleum, which make big plays in Guinea-Bissau, Nigeria and Angola this year. He has also invested more than $1 billion in Ethiopia, in different sectors ranging from hotels to gold mines.

Last fall, the most popular philanthropist business man in the country, Shiek Mohammed Hussein Ali Al-Amodi along with African and other dignitaries celebrated the year 2000 in the Ethiopian Orthodoxy Calendar with international artists performing in his new 20,000 seat concert hall in Addis Ababa.