1. Mohammed Al Amoudi Net Worth$ 10 billion
Mohammed Al Amoudi estimated net worth is US $ 10 billion and he is ranked at No.1 in the list of top 10 richest people in Ethiopia as appeared in financial magazines such as Forbes and Bloomberg 2018. Mohammed Al Amoudi is the richest person in Ethiopia. He has such amount of wealth because of his resources and the gold mines that he controls.
The gold mines were given to his control by the late dictator of Ethiopia. He also controls the vast agricultural land that were forcefully taken by the dictator from the common people. These lands and mines are the chief reasons for which he has a great amount of worth. His gold is exported to other countries as well.