Mohammed Hussein Ali Al-Amoudi (Ethiopian Businessman).
Sheikh Mohammed Hussein Al-Amoudi (1945) is an Ethiopian
Muslim Businessperson founder of MIDROC.
He is of Ethiopian-Yemeni
origin and citizen of Saudi Arabia
Mohamed Al-Amoudi is the second richest Arab (after Prince Al Waleed Bin Talal) and the second richest African (net worth 12,300 million dollars)
Al-Moudi is one of the greatest philanthropists in the World
Sheikh Mohammed Hussein Al-Amoudi is the founder of MIDROC, a global company present in Africa, the Middle East, and Europe working more than 40,000 people
The origins of the fortune of Sheikh Mohammed Hussein Al-Amoudi are related to real estate, petroleum refineries (Corral Petroleum Holdings, Sweden - Svenska Petroleum Exploration -, and Morocco - SAMIR-), Ports (Djibouti), and retail (Lebanon)
Recently Sheikh Al-Amoudi has invested 2.5 billion dollars in rice projects in Ethiopia
The vision of Sheikh Al-Amoudi is:
“To seek the opportunities joining the emerging countries and developed countries; he believes in the concept of indigenous capitalism.”
The World Bank has recognized the vision of Sheikh Al-Amoudi on agribusiness development in Africa.
Philanthropy.
As a good Muslim; he practices the “Zakat,” a significant part of his fortune is dedicated to social causes
Sheikh Al-Amoudi donated 20 million dollars to the “Clinton Health Access Initiative”; he has founded an hospital in Addis Ababa; he has endowed the Sheikh Mohammed Al-Amoudi Breast Cancer
Centre (Saudi Arabia)