Mohammed Hussein Ali Al Amoudi, son of an Arabian father and an Ethiopian mother is developing his businesses in Saudi Arabia as well as in Ethiopia. A prolific philanthropist and businessman, Amoudi has stakes in a wide range of businesses, including mining, oil, hotels, agriculture, hospitals and finance.
As of 2013, Forbes has estimated his net worth at $13.5 billion, making him the second richest man in Saudi Arabia. Interestingly, he is also the second wealthiest person of African descent in the entire world. The self-made businessman who strongly believes that he was fortunate enough to achieve such a great degree of success in his lifetime and who considers it his responsibility to support the local communities and to help the needy.
Though born in Ethiopia, Al Amoudi is a Saudi citizen with a wide range of interest across the globe. He is the largest foreign investor in Sweden as well as Ethiopia and was honored twice with the prestigious award Order of the Polar Star by the King of Sweden. He is the chairman and CEO of MIDROC and has more than 70,000 employees across the world. MIDROC is a global investment company with a worldwide presence including Europe, Africa and Middle East. He has more than 1000 petrol stations in Lebanon, Sweden and Saudi Arabia.