{{short description|Ethiopian-Saudi billionaire businessman (born 1946)}} {{Multiple issues| {{BLP sources|date=August 2015}} {{COI|date=January 2012}} }} {{Use dmy dates|date=April 2017}} {{Infobox person | honorific_prefix = Sheikh | name = Mohammed Hussein Al Amoudi | native_name = {{lang|om|Muhammad Husseen Al Amuudii}}<br />{{lang|ar|محمد حسين العمودي}} | image = | image_size = | caption = | birth_name = | birth_date = {{birth date and age|1946|7|21|df=y}} | birth_place = Dessie, Wollo Province, Ethiopian Empire | death_date = | death_place = | education = | occupation = {{hlist|Businessman|investor|billionaire}} | children = 8 | parents = | relatives = | website = | restingplace = | alma mater = | title = Owner and manager of Corral Petroleum Holdings and MIDROC | spouse = Sofia Saleh Al Amoudi }} {{SpecialChars}} '''Mohammed Hussein Ali Al Amoudi''' ({{langx|ar|محمد حسين علي العمودي}}; born 21 July 1946)<ref>{{Cite web |last=Qasim |first=Bilal |date=2023-06-28 |title=From Poverty to Philanthropy: The Incredible Journey of Sheikh Mohammed Hussein Ali Al-Amoudi |url=https://arableaders.blog/from-poverty-to-philanthropy-the-incredible-journey-of-sheikh-mohammed-hussein-ali-al-amoudi/ |access-date=2024-12-24 |website=Arab Leaders |language=en-US}}</ref> is an Ethiopian-born Saudi billionaire businessman.
Born in Ethiopia to a Yemeni father from Hadhramaut and a mother from Wollo Province, he migrated to Saudi Arabia with his brother Mauricet and became a Saudi citizen.
In 2026, his net worth was estimated by ''Bloomberg Billionaires Index'' at approximately US$9.3 billion.<ref name=Forbes>{{cite web|title=Forbes profile: Mohammed Al Amoudi|url=https://www.forbes.com/profile/mohammed-al-amoudi/|website=Forbes|access-date=16 February 2026}}</ref> He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world.<ref name="mfonobong2013-03">{{cite web | first=Mfonobong | last=Nsehe | title=The Black Billionaires 2013 | url=https://www.forbes.com/sites/mfonobongnsehe/2013/03/05/the-black-billionaires-2013/ | work=Forbes | date=5 March 2013 | access-date=24 March 2013 }}</ref> Al Amoudi made his fortune in construction and real estate before branching out to buy oil refineries in Sweden and Morocco. He is the largest individual foreign investor in Ethiopia and a major investor in Sweden.<ref name=Forbes/>
==Business activities== Al Amoudi owns a broad portfolio of businesses in construction, energy, agriculture, mining, hotels, healthcare and manufacturing amongst others. His businesses are largely to be found within two conglomerate holding and operating companies, Corral Petroleum Holdings and MIDROC, both which he owns and manages. He employs over 70,000 people through these companies.<ref>{{cite web|url=http://www.sheikhmohammedalamoudi.info |title=Home - Sheikh Al Amoudi | Authorized & Official |publisher=Sheikhmohammedalamoudi.info |access-date=12 August 2015}}</ref>
Al Amoudi's construction company consortium, ''Mohammed International Development Research and Organization Companies'', also known as MIDROC, won a contract to build Saudi Arabia's estimated $30 billion nationwide underground oil storage complex in 1988. MIDROC acquired Yanbu Steel in Saudi Arabia in 2000.<ref>{{cite web|url=http://www.bus-ex.com/article/yanbu-steel-company |title=Yanbu Steel Company | Business Excellence Magazine |publisher=Bus-ex.com |date=6 April 2011 |access-date=12 August 2015}}</ref>
In addition to his business interests in Ethiopia, he also owns oil refineries in Morocco and Sweden (Svenska Petroleum Exploration AB) and is engaged in energy exploration and production off West Africa and elsewhere.<ref>[http://www.pr-inside.com/new-market-report-svenska-petroleum-exploration-r2542679.htm] {{webarchive|url=https://web.archive.org/web/20120614091935/http://www.pr-inside.com/new-market-report-svenska-petroleum-exploration-r2542679.htm|date=14 June 2012}}</ref> His Addis Ababa Sheraton is said to be among the finest hotels in Africa.<ref>{{cite web|url=https://www.forbes.com/profile/mohammed-al-amoudi |title=Mohammed Al Amoudi |work=Forbes |date=1 January 1970 |access-date=12 August 2015}}</ref>
He has recently pledged US$275 million alongside other Saudi and South Korean investors through MIDROC to finance a factory to build Saudi Arabia's first car, to be called Gazal-1, in a project initiated by King Saud University<ref>{{Cite web|url=http://www.istockanalyst.com/article/viewiStockNews/articleid/4774278|archive-url=https://web.archive.org/web/20101230233319/http://www.istockanalyst.com/article/viewiStockNews/articleid/4774278|url-status=dead|archive-date=2010-12-30|title=KSU mobilizes $500 million for new car company|date=2010-12-30|access-date=2018-06-12}}</ref><ref>{{cite web|url=https://www.bloomberg.com/news/2010-12-29/midroc-to-get-55-of-saudi-car-plant-for-275-million-spa-says.html |title=Midroc to Get 55% of Saudi Car Plant for $275 Million, SPA Says - Bloomberg Business |publisher=Bloomberg.com |date=29 December 2010 |access-date=12 August 2015}}</ref> and, in September 2011, it was announced that he planned to invest around US$1.07bn (4bn Saudi Riyals) in two major Saudi industrial projects (phosphate derivatives and sulfur) in Ras Al-Khair [Eastern Region] and Jubail Industrial City respectively.<ref>[http://www.zawya.com/story.cfm/sidZW20110929000084]{{dead link|date=August 2015}}</ref>
===Ethiopian investments=== Al Amoudi has invested in Ethiopia since the mid-1980s. He now has business interests there, largely operated through MIDROC Ethiopia which was created in 1994. In 2011, it made 1.4bn birr (US$70M) of profits.<ref>{{cite web|url=http://www.2merkato.com/20111014451/midroc-ethiopia-announces-13-billion-birr-profit |title=Ethiopia Earns $71.1 Million From Leather Exports |publisher=2merkato.com |access-date=12 August 2015}}</ref><ref>{{cite book |last1=Pearce |first1=Fred |title=The land grabbers : the new fight over who owns the Earth |date=2012 |publisher=Beacon Press |location=Boston |isbn=9780807003244 |pages=12���20}}</ref>
=== Natural resources === He has gold mining interests in Ethiopia<ref>{{usurped|1=[https://web.archive.org/web/20120113151324/http://www.newsdire.com/business/1685-egyptian-mining-company-hit-immense-gold-reserve.html]}}</ref><ref>{{cite web|url=https://www.bloomberg.com/news/2010-11-12/ethiopia-aiming-to-license-50-mineral-projects-every-year-boost-exports.html |title=Ethiopia Aiming to License 50 Mineral Projects Every Year - Bloomberg Business |publisher=Bloomberg.com |date=12 November 2010 |access-date=12 August 2015}}</ref> and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian government 100.1 million birr in royalties, the largest contribution of any mining company.<ref>[http://addisfortune.com/Second%20Largest%20Nickel%20Producer%20Sets%20up%20Shop%20in%20Konso.htm]{{dead link|date=August 2015}}</ref> Midroc Gold is Ethiopia's sole gold exporter. Its Lega Dembi Mine has a yearly average production of around 4,500 kg of gold and silver.<ref>[http://addisfortune.com/Artisan%20Miners%20Surpass%20Expectation%20after%20109-5m%20Gold%20Sale.htm]{{dead link|date=August 2015}}</ref>
He owns 70% of National Oil Ethiopia, which competes with YBF, TAF OIL and five other companies in the national petrol market<ref>[http://addisfortune.com/TAF%20Joins%20Tough%20Competition%20in%20Oil%20Market.htm]{{dead link|date=August 2015}}</ref> and is establishing a steel plant (Tossa) in Amhara. This latter is Ethiopia's first industrial steel production plant and in intended to meet a major increase in domestic demand, estimated to rise from 1.2m tonnes to 3.1m tonnes per annum between 2011 and 2014.<ref>{{cite web |title=Bidding for 1.3m tones Steel Factory Sees Nine Interest |url=http://addisfortune.com/Bidding%20for%201.3m%20tones%20Steel%20Factory%20Sees%20Nine%20Interest.htm |url-status=usurped |archive-url=https://web.archive.org/web/20111103195730/http://www.addisfortune.com/Bidding%20for%201.3m%20tones%20Steel%20Factory%20Sees%20Nine%20Interest.htm |archive-date=3 November 2011 |access-date=2022-06-01}}</ref>
In February 2011, Al Amoudi acquired 69% of Ethiopia's sole tyre manufacturer Addis Tyre<ref>{{cite web |title=Al-Amoudi's Horizon Acquires Matador-ATC's 69pc for $18m |url=http://addisfortune.com/Al-Amoudi%E2%80%99s%20Horizon%20Acquires%20Matador-ATC%E2%80%99s%2069pc%20for%20$18m.htm |url-status=usurped |archive-url=https://web.archive.org/web/20110211104613/http://www.addisfortune.com/Al-Amoudi%E2%80%99s%20Horizon%20Acquires%20Matador-ATC%E2%80%99s%2069pc%20for%20%2418m.htm |archive-date=11 February 2011 |access-date=2022-06-01 |df=dmy-all}}</ref> and he has a substantial investment in cement production through Durba Midroc which was founded in 2008.<ref name="addisfortune1">[http://addisfortune.com/EEPCo%20Grants%20Cement%20Factory%20Own%20Power%20Station.htm]{{dead link|date=August 2015}}</ref> His major cement plant near Chancho was backed in part by the World Bank's International Finance Corporation.<ref>{{cite web|url=https://www.bloomberg.com/news/2011-05-20/ethiopian-cement-plants-to-double-capacity-amid-construction-industry-boom.html |title=Ethiopian Cement Plants to Double Capacity Amid Building Boom - Bloomberg Business |publisher=Bloomberg.com |date=20 May 2011 |access-date=12 August 2015}}</ref><ref>{{Cite web|url=http://www.addisfortune.com/Derba%20Midroc%20Wants%2050MW%20for%20Factory.htm|archive-url=https://web.archive.org/web/20110521045939/http://www.addisfortune.com/Derba%20Midroc%20Wants%2050MW%20for%20Factory.htm|url-status=usurped|archive-date=2011-05-21|title=Derba Midroc Wants 50 MW for Factory|date=2011-05-21|access-date=2018-06-12}}</ref> In July 2011, it was announced that the Ethiopian Electric Power Company (EEPco) would provide the Derba cement plant with 50 MW of electricity.<ref name="addisfortune1"/>
=== Agriculture === The Al Amoudi-owned ''Saudi Star Agricultural Development'' Plc plans to develop up to {{convert|500000|ha|acre}} of Ethiopian land for sugar, edible oil, and grain production.<ref name="sheikhmohammedalamoudi2">{{cite web|url=https://www.sheikhmohammedalamoudi.info/backgrounders/saudi-star-agribusiness|title=Official Web Site: Saudi Star Page}}</ref> In March 2011, Saudi Star announced a further investment of $2.5 billion in Ethiopian rice projects.<ref>{{cite web|url=http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2011032496586 |title=Al-Amoudi to invest $2.5b in Ethiopia farm | Business |publisher=Saudi Gazette |access-date=12 August 2015 |url-status=dead |archive-url=https://web.archive.org/web/20151003183339/http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2011032496586 |archive-date=3 October 2015 |df=dmy }}</ref> Some 10,000 hectares have been taken up in 60-year leases and the company plans to rent an additional 290,000 hectares.<ref name="sheikhmohammedalamoudi2"/> The company had reportedly purchased $80 million in equipment from Caterpillar Inc.<ref>{{cite web|last=McLure |first=Jason |url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIFZN6VBgYR4 |title=Saudi Billionaire Invests in Ethiopian Farms, Fortune Reports |publisher=Bloomberg |date=12 October 2009 |access-date=12 August 2015}}</ref>
In August 2011, President Girma Wolde-Giorgis of Ethiopia stated that “a substantial investment in agricultural development was key to improving the quality of life across Africa” and that Saudi Star's investment programme would benefit both Ethiopia and its important trading partner, Saudi Arabia.<ref>{{Cite web|url=http://arabnews.com/saudiarabia/article481429.ece|archive-url=https://web.archive.org/web/20110802000556/http://arabnews.com/saudiarabia/article481429.ece|url-status=dead|archive-date=2011-08-02|title=Ethiopia pledges to work closely with the Kingdom in manpower sector - Arab News|date=2011-08-02|access-date=2018-06-12}}</ref>
Al Amoudi also owns land used to produce coffee. Of the {{convert|2295|ha|acre}} of land acquired by Ethio Agri-CEFT (which he owns) in the Sheka Zone of Ethiopia, it has only covered 1,010 hectares with coffee and shade trees, with the rest remaining as natural vegetation.<ref>{{Cite web|url=http://newbusinessethiopia.com/index.php?option=com_content&view=article&id=536:ethiopias-challenge-balancing-agriculture-with-environmental-protection-&catid=28:enviroment&Itemid=51|archive-url=https://web.archive.org/web/20111016051551/http://newbusinessethiopia.com/index.php?option=com_content&view=article&id=536:ethiopias-challenge-balancing-agriculture-with-environmental-protection-&catid=28:enviroment&Itemid=51|url-status=dead|archive-date=2011-10-16|title=Ethiopia's Challenge: Balancing Agriculture with Environmental Protection {{!}} NewBusinessEthiopia|date=2011-10-16|access-date=2018-06-12}}</ref> In 2011, he donated 10 million birr (US$500000) to the proposed Ethiopian National Coffee Museum in Ethiopia's Kaffa Zone.<ref>{{Cite web|url=http://www.waltainfo.com/index.php?option=com_content&task=view&id=25334&Itemid=134|title=Walta Information Center|website=www.waltainfo.com|language=en|access-date=2018-06-12}}</ref>
In September 2011, in response to an appeal from Prime Minister Meles Zenawi for popular support for the financing of the Renaissance Dam in North West Ethiopia which will triple the country's hydro-electric power, Al Amoudi pledged a donation of 1.5bn birr (around US$88M).<ref>{{Cite web|url=http://www.newsdire.com/news/2124-ethiopia-al-amoudi-pledges-15-billion-br-for-renaissance-dam.html|archive-url=https://web.archive.org/web/20110927231547/http://www.newsdire.com/news/2124-ethiopia-al-amoudi-pledges-15-billion-br-for-renaissance-dam.html|url-status=usurped|archive-date=2011-09-27|title=Ethiopia: Al-Amoudi pledges 1.5 Billion Br. for Renaissance dam » Ethiopian News - Everything that Happens!|date=2011-09-27|access-date=2018-06-12}}</ref>
==Arrest and captivity== {{Main| 2017 Saudi Arabian purge}} On 4 November 2017, Al Amoudi was arrested upon the orders of Crown Prince Mohammad bin Salman and held captive in Saudi Arabia in a "corruption crackdown" conducted by Mohammed bin Salman's "royal anti-corruption" committee.<ref>{{Cite news|url=http://gulfnews.com/news/gulf/saudi-arabia/factbox-saudi-arabia-detains-princes-ministers-in-anti-corruption-probe-1.2118958|title=Factbox: Saudi Arabia detains princes, ministers in anti-corruption probe|date=2017-11-05|agency=Reuters|access-date=2017-11-08}}</ref><ref>{{Cite web|url=https://www.argaam.com/en/article/articledetail/id/513047|title=Saudi Arabia arrests 11 princes, 38 ministers in corruption probe|date=2017-11-05|website=Argaam|language=en-US|access-date=2017-11-08}}</ref><ref>{{cite web|url=http://www.aljazeera.com/news/2017/11/saudi-ministers-national-guard-economy-dismissed-171104190619900.html|title=Saudi Arabia princes detained, ministers dismissed|website=www.aljazeera.com}}</ref><ref>{{cite web|url=https://www.reuters.com/article/us-saudi-arrests/saudi-billionaire-prince-alwaleed-detained-in-corruption-inquiry-idUSKBN1D506P|title=Future Saudi king tightens grip on power with arrests including Prince Alwaleed|last1=Kalin|first1=Stephen|last2=Paul|first2=Katie|date=2017-11-05|website=Reuters|access-date=2017-11-07}}</ref><ref>{{Cite web|url=http://video.foxbusiness.com/v/5636723881001/|title=Corruption crackdown in Saudi Arabia|date=2017-11-06|website=Fox Business|language=en-US|access-date=2017-11-08}}</ref><ref>{{cite web|url=https://www.cnbc.com/2017/11/04/billionaire-saudi-prince-alwaleed-bin-talal-arrested-in-corruption-crackdown-local-reports.html|title=Billionaire Saudi Prince Alwaleed Bin Talal arrested in corruption crackdown|last=David|first=Javier E.|date=5 November 2017|website=CNBC}}</ref><ref>{{Cite news|url=https://www.wsj.com/articles/saudi-princes-former-ministers-arrested-in-apparent-power-consolidation-1509837798|title=Saudi Princes, Former Ministers Arrested in Apparent Power Consolidation|last1=Stancati|first1=Margherita|date=2017-11-05|work=Wall Street Journal|access-date=2017-11-08|archive-url=https://web.archive.org/web/20171105000022/https://www.wsj.com/articles/saudi-princes-former-ministers-arrested-in-apparent-power-consolidation-1509837798|archive-date=2017-11-05|url-status=dead|last2=Said|first2=Summer|language=en-US|issn=0099-9660|last3=Farrell|first3=Maureen}}</ref><ref>{{Cite news|url=https://www.nytimes.com/2017/11/04/world/middleeast/saudi-arabia-waleed-bin-talal.html|title=Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal|last=Kirkpatrick|first=David D.|date=2017-11-04|work=The New York Times|access-date=2017-11-08|language=en-US|issn=0362-4331}}</ref> Finally, he was released on 27 January 2019 after 14 months of detention.
==Philanthropy== Al Amoudi has committed funds to support healthcare and sport in Saudi Arabia, the US, Europe and Africa.<ref name="sheikhmohammedalamoudi3">{{cite web|url=https://www.sheikhmohammedalamoudi.info/ |title=Official Web Site - Sheikh Al Amoudi | Authorized & Official |publisher=Sheikhmohammedalamoudi.info |access-date=12 August 2015}}</ref><ref>{{cite web|url=http://www.economistinsights.com/speaker/3145|title=Sheikh Mohammed Hussein Al Amoudi|publisher=Economist Insights |access-date=20 May 2016}}</ref> He funded a breast cancer research centre at King Abdulaziz University.<ref>{{Cite web|url=http://archive.arabnews.com/?page=1|archive-url=https://web.archive.org/web/20120616061137/http://archive.arabnews.com/?page=1|url-status=dead|archive-date=2012-06-16|title=Arab News Newspaper|date=2012-06-16|access-date=2018-06-12}}</ref>
In 2008, Al Amoudi funded King Saud University's an enhanced oil recovery research chair.<ref>[http://enews.ksu.edu.sa/2011/06/29/alamoudi-chair-enhanced-oil-recovery/] {{webarchive|url=https://web.archive.org/web/20120323025053/http://enews.ksu.edu.sa/2011/06/29/alamoudi-chair-enhanced-oil-recovery/|date=23 March 2012}}</ref> He also fully funded the King Abdullah Institute for Nanotechnology at King Saud University.<ref>{{cite web |url=http://www.zawya.com/Story.cfm/sidZAWYA20101213035404/1st%20nanotechnology%20institute%20in%20KSA%20to%20be%20launched%20on%2011-11-11 |title=1st nanotechnology institute to be launched on 11-11-11Healthcare - Zawya |website=www.zawya.com |access-date=2 February 2022 |archive-url=https://archive.today/20130210100817/http://www.zawya.com/Story.cfm/sidZAWYA20101213035404/1st%20nanotechnology%20institute%20in%20KSA%20to%20be%20launched%20on%2011-11-11 |archive-date=10 February 2013 |url-status=dead}}</ref>
Al Amoudi was named as one of the William J. Clinton Foundation Donors, according to information released as part of an obligation placed on former President Clinton when he supported Hillary Clinton's nomination as Secretary of State. He is reported to have donated between US$5m and US$10m to the foundation.<ref>{{cite web |url=https://apple.news/AaeO83PbKNCSae41afdwmKA |title=Fact-checking donations to the Clinton foundation |publisher=PolitiFact.com |date=7 July 2016 |access-date=12 July 2016 |archive-url=https://web.archive.org/web/20170510154417/https://apple.news/AaeO83PbKNCSae41afdwmKA |archive-date=10 May 2017 |url-status=dead |df=dmy-all }}</ref>
Al Amoudi sponsored the CECAFA Cup, Africa's oldest football cup competition, in 2005 and 2006, the tournament was named the Al Amoudi Senior Challenge Cup as a result in those years.<ref>{{Cite web|url=http://allafrica.com/stories/201009061000.html|archive-url=https://web.archive.org/web/20100909174814/http://allafrica.com/stories/201009061000.html|url-status=dead|archive-date=2010-09-09|title=allAfrica.com: Rwanda: Challenge Cup Preps on Course - Musonye|date=2010-09-09|access-date=2018-06-12}}</ref> He also supports Ethiopian Premier League Club Saint George S.C.<ref>{{cite web|author=Markos Berhanu |url=http://www.ethiosports.com/2010/11/29/ethiopia-football-can-giuseppe-dossena-end-saint-george%e2%80%99s-misery |title=Ethiopia Football: Can Giuseppe Dossena end Saint George's Misery? |publisher=Ethiosports |date=29 November 2010 |access-date=12 August 2015}}</ref> and covered the medical expenses of one of Ethiopia's most celebrated footballers, Mengistu Worku,<ref>{{cite web|author=Solomon Amare |url=http://www.ethiosports.com/2010/12/08/ethiopia-football-legendary-player-coach-mengistu-worku-returns-home |title=Ethiopia Football: Legendary Player & Coach Mengistu Worku returns home |publisher=Ethiosports |date=8 December 2010 |access-date=12 August 2015}}</ref> before his death in December 2010. In 2011, he pledged 100 million Ethiopian birr for a stadium and access road in Mek'ele.<ref>{{cite web|author=Markos Berhanu |url=http://www.ethiosports.com/2011/01/04/ethiopia-football-sheikh-al-amoudi-donates-100-million-birr-for-mekelle-stadium-road-project |title=Ethiopia Football: Sheikh Al Amoudi donates 100 million birr for Mekelle Stadium & road project |publisher=Ethiosports |date=4 January 2011 |access-date=12 August 2015}}</ref> In January 2017, The Sheikh Mohammed Hussein Ali Al-Amoudi Stadium was opened.<ref name="auto">{{cite web|last1=Berhanu|first1=Markos|title=Sheikh Mohammed Al-Amoudi Stadium to be Inaugurated on January 14|url=http://www.ethiosports.com/2016/12/21/sheikh-mohammed-al-amoudi-stadium-to-be-inaugurated-on-january-14/|website=Ethiosports|access-date=20 April 2017}}</ref> The Stadium reportedly cost more than $22 million, and took four and a half years to complete.<ref name="auto"/>
==Defamation actions== In December 2010 Al Amoudi initiated a claim in the English High Court against Elias Kifle of the Washington, D.C.–based ''Ethiopian Review'' claiming damages for libel. In July 2011 Kifle was ordered to pay £175,000 in damages for publishing false information.<ref name="autogenerated1">{{cite news| url=https://www.bbc.co.uk/news/uk-14345007 | work=BBC News | title=Ethiopian billionaire wins libel action in UK | date=29 July 2011}}</ref>
The ''Ethiopian Review'' had also repeated unwarranted material relating to his family and to matters previously dealt with in the ''Al Amoudi v. Brisard'' case of 2005. M. Brisard had made serious and unwarranted allegations concerning engagement in the funding of terrorism in the wake of 9/11 but had subsequently apologised for the accusation. The judge found the statements to be untrue and stated that Al Amoudi "is implacably opposed to terrorism in all its forms”.<ref>{{cite web|url=http://www.out-law.com/page-7002 |title=Count the readers before suing for internet libel |publisher=Out-law.com |date=15 June 2006 |access-date=29 July 2012}}</ref>
==Honors and recognition== Al Amoudi has been ranked among the 100 richest people by ''Forbes'' since 2006, being ranking 82nd on the list in 2015.<ref name=Forbes/> He was awarded an honorary doctorate from Addis Ababa University and has been honoured with the Order of the Polar Star by King Carl XVI Gustaf of Sweden.<ref>{{cite web|url=http://www.summitreports.com/pdfs/yemen.pdf |title=Yemen : Moving Forward With Optimism |publisher=Summitreports.com |access-date=12 August 2015}}</ref>
Al Amoudi was honoured for his achievements in economics and philanthropy at the 19th Arab Economic Forum Summit in 2011, with special reference to his commitment to sustainable development.<ref>{{cite web|url=http://www.midroc-ceo.com/?q=Saudi%20Investor%20Honored |title=Saudi Investor Honored At Economic Forum | MIDROC Ethiopia Technology Group |publisher=Midroc-ceo.com |date=3 June 2011 |access-date=12 August 2015}}</ref>
==Personal life== Al Amoudi was born in the north-central Ethiopian city of Dessie and brought up in the nearby town of Weldiya. He was born to a father of Hadhrami Yemeni origin and an Ethiopian mother. His father ''Al-Hajj'' Sheikh Husayn Ali Al-Amoudi was a local businessman settled in Ethiopia who traded in spices and coffee, he was from the Mashaikh Al-Amoudi tribe.<ref>{{Cite web |last=Qasim |first=Bilal |date=2023-06-28 |title=From Poverty to Philanthropy: The Incredible Journey of Sheikh Mohammed Hussein Ali Al-Amoudi |url=https://arableaders.blog/from-poverty-to-philanthropy-the-incredible-journey-of-sheikh-mohammed-hussein-ali-al-amoudi/ |access-date=2025-04-28 |website=Arab Leaders |language=en-US}}</ref><ref name=Forbes/><ref>Al-Nakhabi, Abdullah bin Ahmed (1426 AH). ''The Selected Saying on the News of the Al-Amoudi Family'' (PDF) . Amman, Jordan: Dar Al-Fath. Archived from the original (PDF) on 2024-08-04.</ref> He grew up in Ethiopia, before emigrating to Saudi Arabia with his brother Mauricet and becoming a Saudi citizen.
According to the ''BBC'', Al Amoudi splits his residence between central London, Surrey and Saudi Arabia.<ref name="autogenerated1"/> He is married to Sofia Saleh Al Amoudi who is a Saudi citizen and shareholder of MIDROC Construction.<ref>{{cite web|url=https://musliminc.com/mohammed-hussein-ali-al-amoudi-profile-7261|title=Mohammed Hussein Ali Al Amoudi Profile|date=n.d.}}</ref><ref>{{Cite web|url=http://allafrica.com/stories/201007200761.html|archive-url=https://web.archive.org/web/20130728212048/http://allafrica.com/stories/201007200761.html|url-status=dead|archive-date=2013-07-28|title=allAfrica.com: Ethiopia: Midroc Replaces Shimeles|date=2013-07-28|access-date=2018-06-12}}</ref> They have eight children.<ref name=Forbes/> In July 2024, Al Amoudi announced return to Ethiopia after his departure in 2017, with Rolls-Royce Spectre.<ref>{{Cite web |date=8 July 2024 |title=Mohammed Al-Amoudi to Return to Ethiopia with Grand Rolls-Royce Spectre Welcome |url=https://addisinsight.net/mohammed-al-amoudi-to-return-to-ethiopia-with-grand-rolls-royce-spectre-welcome/ |website=Addis Insight}}</ref>
==References== {{Reflist|colwidth=30em}}
==External links== *[http://www.sheikhmohammedalamoudi.info Official website]
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{{DEFAULTSORT:Amoudi, Mohammed Hussein}} Category:1946 births Category:Saudi Arabian people of Yemeni descent Category:Ethiopian people of Yemeni descent Category:Banu Abu Bakr Category:Living people Category:People from Jeddah Category:Saudi Arabian businesspeople Category:Ethiopian businesspeople Category:Saudi Arabian billionaires Category:Ethiopian billionaires Category:Saudi Arabian Muslims Category:Hadhrami people Category:Saudi Arabian people of Ethiopian descent