List of Top 10 Richest Ethiopians Wealthiest, Men, Women. Top 7 Ethiopian Multi-Billionaires Among World Richest People. Five richest men in Ethiopia have as much income as half the population.
The five richest men in Ethiopia have a fortune as large as the income of half the Ethiopian population, almost 104 million people, according to a Forbes report released on Monday.
Ethiopia lands is currently ranked as one of the poorest countries in the world on a list of top 10 and the reason for this poor and unstable economy is the unstable condition of the politicians. They are filled with flaws and the taxation and money collected from people only makes a portion of the community richer and the common people get poorer.
Even though there is this condition all around, there are still rich people who are multimillionaires. They have such amount of money because of connections with the politicians and a stable business that takes the supplies from the country and sends it to other places. Below is a list of top 10 richest Ethiopians in 2018.
7. Abay Tsehaye Net Worth $1.5billion
Abay Tsehaye estimated net worth is US $1.5 billion and he is ranked at No.7 in the list of top 10 richest politician in Ethiopia as appeared in financial magazines such as Forbes and Bloomberg 2018. He is a politician from the ruling party in Ethiopia. He has enough influence inside the party because he is a veteran there.
That is one reason through which he has made lot of connections and made a lot of worth through the country’s economy. He has also invested in various sectors of business that have made the work simpler for him to gain out of the profits. He is extremely influential in the country.
6. Samuel Tafesse Net Worth$ 1.6 billion
Samuel Tafesse estimated net worth is US $ 1.6 billion and he is ranked at No.6 in the list of top 10 richest people in Ethiopia as given the impression in financial magazines such as Forbes and Bloomberg 2018. He partnered the widow of Meles Zenawi, in several businesses.
Samuel Tafesse started with his business in construction. Both of them partnered the business and made a profit of millions in the industry. They have also worked together on other businesses as well. But new chances of the relationships getting sour with her have made a deep impact on his construction business