2023 Top 10 Richest People in Ethiopia

2023 top 10 Richest people in Ethiopia — Have you ever wondered who are the richest people in Ethiopia? Top Most 10 Outlines the 2023 top 10 richest people in Ethiopia and their net worth. This was made possible by closely monitoring the Business Tycoons and politicians in Ethiopia to unveil their net worth.

Here are the 2023 Top 10 Richest People in Ethiopia and their Net Worth

1. Mohammed Al Amoudi – $8.3 Billion

Mohammed Al Amoudi, the son of a Saudi father and an Ethiopian mother is Ethiopia’s richest businessman.

Al-Amoudi’s fortune is derived mainly from closely held companies in Sweden, Saudi Arabia, and Ethiopia.

The billionaire owns Svenska Petroleum, Midroc Europe (a construction and property group), and Preem (his most valuable asset) through the wholly-owned Petroswede AB.

He also owns a 17-percent stake in Crunchfish AB, a Swedish technology company that develops gesture recognition.

In recent times, Al-Amoudi has tightened his grip on his hotel business following the appointment of one of his sons-in-law to the board of Midroc Gold, whose portfolio includes the Sheraton hotels in Djibouti and Addis Ababa.

What is Mohammed Al Amoudi’s net worth? Celebrity Net Worth estimates Al-Amoudi’s net worth to be around $8.3 billion whereas Bloomberg places his net worth at $5.46 billion. Forbes places Mohammed Al Amoudi’s fortune at $8.1 billion as of 2017. He is among the richest people in Africa who are worth billions ranking among Aliko Dangote, and others.

2. Azeb Mesfin – $4 Billion

She is the widow of the late dictator Meles. She has her own business and owns shares in various companies around Ethiopia. She also has a criminal image of herself among the people of Ethiopia, with the name mother of corruption given to her by the people.

In the biggest companies and industries, she is a stakeholder and thus she has an estimated worth of $4 billion combining the worth of the dictator and all that she got out of the interests of the companies.

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