Top 10 Richest People In New Zealand and Their Net Worth 2022. Whitney MacMillan (conceived September 25, 1929) is a beneficiary to the Cargill-MacMillan fortune and filled in as the CEO of Cargill, America's most significant privately owned business. Sebhat Nega is considered a magnate within the Tigray Peoples Liberation Front (TPLF). Pevans East Africa, the holding company for SportPesa, began distributing dividends to its shareholders in 2015, with a total payout of Ksh1.57 billion ($23.46 million). The top 10 richest people on the planet have a combined net worth of $1.4 trillion. Mohammed AL Amoudi is one of the richest people in Ethiopia, as a matter of fact, Mohammed AL Amoudi was named the richest and the most extremely wealthy person in Ethiopia. Azeb Mesfin - $4 Billion. What is the net worth of Ethiopia? According to data tracked by Billionaires.Africa, the Kenyan businessmans stake in NCBA has lost Ksh219.82 million ($2.39 million) in market value since the beginning of the year, owing to renewed selling pressure on the local bourse. 2023 Billionaires.Africa. 9. Young Rich List wealth takes $11b hit after tech plunge. 8. The four-bedroom, double-story house in Gigiri is being sold through Garam Auctioneers, a well-established Kenyan auction house with more than 28 years of experience in the retail industry. Nigeria is the richest and most populous country in Africa. Expanding further by looking to the booming construction industry in Ethiopia, Belayneh acquired 10 dump trucks, 4 bulldozers, 3 excavators, 2 graders, 3 mixers and a crusher which he rents out. Meanwhile, the local economy has a GDP of $108 billion, making it the sixth-largest economy on the African continent behind Algeria. Despiterankingonly 29th in Africa by living standards and economic wealth, Ethiopia is a land of riches for thousands. He was one of the closest to the dictator Meles and his wife Azeb Mesfin. He's worth $4.3 billion and is the 665th richest person in the world. Mohammed Al Amoudi, the son of a Saudi father and an Ethiopian mother is Ethiopias richest businessman. This company went into other sectors of agriculture as well so that it can flourish from all sides. Eskinder Zewdie is a German educated engineer that has brought his exceptional civil engineering abilities to his homeland. Meanwhile, the local economy has a GDP of $108 billion, making it the sixth-largest economy on the African continent behind Algeria. Musk might hold the current title of the richest person in the world, but he also holds a record for the biggest fortune ever lost by anyone in history. This land would be supplemented with an additional 1,500 hectares of land by the government of the Southern Nations, Nationalities and Peoples. Who is the first billionaire in Ethiopia? He has also invested in various sectors of business that have made the work simpler for him to gain profits. Through this substantial amount of funding, Co-op Bank is poised to provide much-needed support to micro, small, and medium enterprises (MSMEs) while simultaneously positioning the bank for future growth. The Ture business empire is engaged in the import and distribution of hardware, machinery, and construction materials, including the installation of small and large-scale factories. To add to this immense business portfolio, the Ture family also has a cement factory, a packaging and printing factory, and an aggregate production facility. Upon his release, finding his children all grown was difficult yet through hard work he would open up a company named after him (Omer Ali), but would in 1990 change the name to that of his daughters: Nejat International. He would soon feel threatened by his political affiliations and move to the United States in 1992, as a refugee. top 100 richest person in ethiopia 2021. by . Although no longer living, Mohammed Ture's company is run by 6 members of the Ture family. Furthermore, a deal with Globelq to create a solar park with 100MW is being negotiated. In 2009, Belayneh's assets rose astronomically with his 134,000,000 ETB or 5,000,000 USD acquisitions of the famous Ethiopia Hotel (Addis Ababa) and the popular Ras Hotel (Adama/Nazreth). The total valuation of Australia's 100 richest people aged 40 and under is diminished, but you still need $35 million to get on the list . In addition to this, Tewodros would become the Chairman and CEO of SouthWest Energy, the first and only local oil and gas organization. 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. The Kenyan banking firm, which has 109 branches in Kenya, Uganda, Tanzania, Rwanda, and the Ivory Coast, was formed in 2019 by the merger of NIC Bank Group and Commercial Bank of Africa Group. In response, Ndungu expressed his disappointment, stating that the meeting where he and Asenath Wachera Maina were expelled was not conducted in accordance with the Companies Act. 1. | Website by ethioSEO | Terms of Use | Privacy Policy | Disclosure | Cookies Policy. Taking the position of Prime Minister of Ethiopia from 1995 (until his death in August 2012), Zenawi was hailed as one of Africas strongmen, introducing a multi-party political system, and private press in the country, and reducing child mortality rates. By2016, Tewodros would play a vital role in one of Africa's largest private sector business transactions. Eyob Joe Mamo is an Ethiopian oil tycoon known for running and controlling half of the gas stations in Washington, D.C., through Capitol Petroleum Group, a leading wholesale distributor of petroleum services in the Metro D.C. area and New York City. By 2011, Eyob's company was valued at about 788,000,000 USD or 21,000,000,000 ETB. Read profiles and interviews, and see all the facts and figures for 2022 Eyob Mamo left for the United States in 1981 as a young boy. Copyright 2023 allaboutETHIO.com All Rights Reserved. Rich List 2022 is our definitive guide to the wealth of the UK's richest people. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Ethiopians are known to be hard workers and passionate about their chosen endeavors. Source:Oil & Gas, Real Estate and Technology. Before becoming the prime minister of his native country, Zenawi was the president of Ethiopia in the nineties (from 1991 to 1995). At one point, he was considered even more powerful than the late Meles Zenawi, the one-time prime minister. By 1988, Al Amoudi's company MIDROC or Mohammed International Development Research and Organization Companies would land a 30,000,000,000 USD or 810,000,000,000 ETB contract to build an underground oil storage complex for Saudi Arabia. In 2010, she retired from the group, leaving her empire to be managed by her sons. $288.56 billion (PPP, 2021 est.) Africa's billionaires saw their wealth increase significantly in 2021, similar to the previous year, despite the long-term effects of the Covid-19 pandemic on business activities and the operations of companies and financial assets controlled by these ultra-wealthy individuals during the year. Companies run by Buzayehu include: Bizenu Investments Plc., East African Agri-Business Plc., Cosmar East Africa Business Plc., East African Group (Eth) Plc., East African Tiger Brands Plc., Ethio-Asia Industries Plc., National Cement S.C., East African Coal Mining Corporation Plc., East African Real Estate Development Plc., National Transport Plc., National Premix Construction Plc., Hamaressa Edible Oil S.C., and Distribution Outlets (over 21 located throughout Ethiopia). Its highest dividend payout was in 2016, with Ksh4.3 billion ($36.9 million) distributed to shareholders. Meanwhile, the local economy has a GDP of $108 billion, making it the sixth-largest . who is therichestperson in Ethiopia 2022. Who is the youngest millionaire in Ethiopia? She has been named Ethiopian Entrepreneur of the Year several times and her accolades in her industry prove that Suhura Khan is one of Ethiopia's richest people. They have such an amount of money because of connections with the countrys politics and a stable business that takes the supplies from the country and sends them to other places. The enterprise was established as an operating holding for subsidiary companies acting in various sectors, such as FMCG manufacturing, agriculture, agro-processing, printing and packaging, transport, real estate, cement production and coal mining. According to research conducted by Billionaires.Africa. Ethiopia is home to about 105 million people. Who is the richest person in the world 2021? Tashitaa Tufaa, the founder of the Metropolitan Transportation Network, is one of Ethiopias wealthiest businessmen. Tufaa left Ethiopia for the United States in 1992 and ultimately opened a U.S.-based transportation outfit. Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. In 2011, her group recorded sales of between 30 and 40 tonnes of khat per day. Barack Obama said that Zenawi deserves recognition for his lifelong contribution to Ethiopias development, particularly to the poor. Eskinder Zewdie is a German-educated engineer that has brought his exceptional civil engineering abilities to his homeland. Its estimated population is 99,202 people, its 2021 GDP was USD 1.45 billion, and its GNI per capita was 29,800. This includes the landmark Marriott Executive Apartments in Addis Ababa. Samuel Tafesse embodies the rags to riches story, as he has grown his company to be one of the largest construction companies in Ethiopia. Today, the group maintains active operations in trade, transportation, construction material rentals, hotels, domestic business investments, and product and service sales in Ethiopia and abroad. Bernard Arnault, the chairperson and chief executive of the French luxury conglomerate LVMH Mot Hennessy Louis Vuitton, is now the world's richest person.Bernard Arnault pipped Jeff Bezos after the Amazon founder's net worth fell $13.9 billion in a day. The youngest person to feature in the list is a 23-year old Shashvat Nakrani who founded the . Who is the second richest person in Ethiopia. February 6, 2023. The banks share price has dropped 7.8 percent since the start of the year, from Ksh39.8 ($0.322) on Jan. 1 to Ksh36.7 ($0.288) on Feb. 28, pushing its market capitalization below Ksh60 billion. Orchid Business Group holds government contracts for a variety of highly lucrative endeavors, such as, being involved in the construction of the GERD or Grand Ethiopian Renaissance Dam, the Awash/Kombolcha/Woldiya Railway construction, as well as, many other foundation works and roads. Ketema Kebede created the self-named KK Plc. Akiko Seyoum Ambaye, the daughter of the late and well known contractor Seyoum Ambaye, is the major shareholder of Orchid Business Group which was established in 2001. His primary businesses include cement, sugar and flour. She has her own business and owns shares in various companies around Ethiopia. At the time, John D. Rockefeller was the richest person in the worldworth roughly $285 billion in today's terms. At one point, he was considered even more powerful than the late Meles Zenawi, the one-time prime minister. 7. Who is the richest person in Uganda 2021? Always looking to grow, Belayneh would spend a further 600,000,000 ETB or 23,000,000 USD to acquire a 40,000 sqm plot of land in Bahir Dar to build a 5 star resort and hotel. Let us now get into the list of the 20 richest rappers in the world as of 2022 with their net worth details. He is extremely influential in the country. In 2011, Capitol Petroleum Group was valued at $800 million, making him one of the wealthiest businessmen in Ethiopia. Buzuayehu Bizenu is the founder and chairman of East African Holding (EAH), a leading industrial conglomerate in Ethiopia. Ketema would begin to import and sell goods, export agricultural products, and distribute locally produced goods throughout Ethiopia. Today, this company owns over a hundred. Africa covers a land mass of over 3 million square kilometres (11.7 square miles), which includes independent island states.. Africa is separated from Europe by the Mediterranean Sea and joined with Asia by the Isthmus of Suez. The data and graphics were last updated on November 8th, 2021. The enterprise was established as an operating holding for subsidiary companies acting in various sectors, such as FMCG manufacturing, agriculture, agro-processing, printing and packaging, transport, real estate, cement production, and coal mining. Ermias Amelga was born in Addis Ababa but would move to Egypt and later to Kenya but would return to Addis Ababa to study secondary school and university. Recently, it has evolved into a prominent corporate group in the country through BK Business Group. 2021 Power 100; 2020 Power 100; 2019 Power 100; 2018 Power 100; 2017 Power 100; Leads & Data Center. Since its founding in 1983, Sunshine Investment Group has built 3,254 apartments and 427 villas in Ethiopia. Sunshine has constructed 1,129.78 kilometers of road projects, as the company operates as a principal highway contractor to the government. Since then, it has grown from a single bus in 2004 to a multimillion-dollar valuation as of press time. Recently, Akiko, along with the Italian Enel Green Power, were to sign a 3,240,000,000 ETB or 120,000,000 USD to develop, operate and build a solar power generation plant in Metehara. Following the opening of its 22nd location in Hamburgs trendy St. Pauli District, the group is on course to control 500 global soleRebels branded retail stores and generate $1 billion in revenues by 2028. Omer Ali Shifaw began in the spice business but would leave that to open his own company with a paid up capital of 5,000 ETB or 185 USD. He has enough influence inside the party because he is a veteran there. Aliko Dangote: The first on the list is Aliko Dangote. Africa is the second largest continent in the world in terms of land area and population. In 2021, the respective headliners were Kendrick Lamar, Tyler, the . At the time of writing, Co-op Bank shares on the Nairobi Securities Exchange were trading at Ksh12.5 ($0.0985), 4 basis points lower than their opening price this morning, pushing the companys market capitalization further below the Ksh74-billion ($580 million) mark. 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. Kwabena Duffuor Net Worth - $680 Million. Top 10 Richest People in the World. Ashenafi is a co-owner of Ambo Mineral Water, the best-selling naturally-carbonated bottled mineral water in Ethiopia, and the beverage giant SABMiller. China. Top 10 Wealthiest/Richest People In Ethiopia In 2023. Since its founding in 2005, the company has grown into one of the countrys largest exporters of sesame seeds and a leading Ethiopian agricultural commodities trader. All in all, Belayneh Kindie, an Ethiopian billionaire and one of Ethiopia's richest, is a titan of business, with his successful enterprises ranging from hotels, import/export, transport, rental, manufacturing, agriculture, etc. The Ethiopian magnate and real estate developer has tendered a bid to buy a minority stake in D.C. United. The six-percent stake would make him the latest in a slew of new minority partners that the U.S. soccer franchise has added in recent years. Its milestones over the past 34 years have enabled it to build a reliable capacity and exhibit practical excellence in the construction sector. Kanye began his career in the music industry as a producer and he even used to write songs for a few famous and popular . His father, who owned Mamo Kacha a bus transport company in Addis Ababa, sent Eyob to a Dakota boarding school to protect him from the ruling military Derg government. The $161 million bump in his wealth figures can be attributed to the strong performance of his industrial assets in Ethiopia, Saudi Arabia, and Sweden, which continues to track the performance of publicly . With such a massive penetration of Ethiopia's largest industries, Buzayehu Bizenu is nothing short of an Ethiopian billionaire, mogul and one of Ethiopia's richest. Belayneh Kindie began his journey to wealth by starting his company Belayneh Kindie Import and Export (BKIE), in 2005 with the startup capital of only 111,000 USD or 3,000,000 ETB. Akiko through the extensive business dealings of the Orchid Business Group cement her as one of Ethiopias richest a billionaire. 2 weeks ago. Akiko's deal with the EEP or Ethiopian Electric Power would make her the first Ethiopian to build a privately owned and operated solar plant in the country. 1. Berhane Gebrekiristos. Alemu founded soleRebels as a way to blend her Ethiopian communitys creative artisan talents with the traditional barabasso (Ethiopian recycled tire) shoe. The market value of Muriukis two-percent stake in Co-op Bank is now worth Ksh1.48 billion ($11.7 million). 1 / 63. It has the power to change the world.. As a local partner in Ethiopia for Japan Tobacco International, he closed a $1.4-billiondeal to acquire a 40-percent interest in Ethiopias National Tobacco Enterprise. As a local partner in Ethiopia for Japan Tobacco International, they would go on to close a deal for 1,400,000,000 USD for the 40% acquisition of Ethiopia's National Tobacco Enterprise. Tewodros Ashenafi is an Ethiopian entrepreneur and the CEO of SouthWest Energy, an Ethiopian oil and gas exploration and production company based in Addis-Ababa, the capital city of Ethiopia. Following a brain tumor operation in Brussels, Zenawi died from contracting an infection in August 2012. The-CNN-Wire. Samuel Tafesse - $1.6 Billion. Al-Amoudis fortune is derived mainly from closely held companies in Sweden, Saudi Arabia, and Ethiopia. Samuel Tafesse is one of the most famous businessmen in Ethiopia. Khat is a leafy green plant containing two main stimulants used mainly in North East Africa, the Arabian Peninsula and expatriate communities from these regions. A tireless and true businessman, Al Amoudi would also venture into banking, agriculture, cement production, among a dozen other interests. (Reuters) Larry . As of 2016, soleRebels shoes were sold in more than 50 countries after it was tagged the Fastest Growing African Shoe Brand in 2014. Meles Zenawi - $3 Billion. This business guru holds a net worth of $12.5 Billion. Celebrity Net Worth estimates Al-Amoudis net worth to be around $8.3 billion whereas Bloomberg places his net worth at $5.46 billion. Here's how American families, from the poorest to the richest, spend their money +16 16 great furniture designers of the last century inspiring today's design trends Ndungu is a prominent Kenyan businessman and shareholder in Pevans East Africa. Meles Zenawi - $3 Billion. His businesses produced 1.6% of total U.S. economic output. The bank first operated in Uganda as the National Bank of India in 1906. BBC Africa. Top 10 Richest African Countries by Overall GDP (INT$ at PPP International Monetary Fund 2021) Egypt - $1.38 trillion. He is a really trusted apprentice to the dictator and even now he is a partner of Azeb Mesfin in various businesses. As per the index, President Dangote Group, Aliko Dangote, has retained his position as the continent's wealthiest man for the eleventh year in a row with a net worth of $20.5 billion, up from $20.3 billion last month. In the beginning, Ketema Kebede would be engaged in the trade of blankets, sweaters, carpets, and like products. Since its founding in 2005, the company has grown into one of the countrys largest exporters of sesame seeds and a leading Ethiopian agricultural commodities trader. Follow us too! Mohammed A. Ture established his company in 1954 as Ture Chinese Commodities but was later changed to Ture Plc. By comparison, Elon Musk, at over $304 billion, still has a little ways to go just yet. Tewodros Ashenafi is an Ethiopian entrepreneur and the CEO of SouthWest Energy, an Ethiopian oil and gas exploration and production company based in Addis-Ababa, the capital city of Ethiopia. However, less than 3,400 are ultra-high-net-worth individuals. The group has grown into one of the countrys largest employers, employing more than 6,000 permanent and temporary personnel. In 2020, private wealth in Ethiopia was estimated at $57 billion, $1-billion higher than the figure for Ghana and $33-billion lower than Kenyas $90 billion. financial services group prepares to launch. With lucrative government contracts and the ability to successfully complete them, his German company reached great heights. Being the eldest sibling, Samuel took a job as a parking attendant at the Addis Ababa Stadium, where he would use the opportunity to sell soft drinks, chewing gum, and cigarettes. Nega was one of the most powerful men in Ethiopia. To add to this immense business portfolio, the Ture family also has a cement factory, a packaging and printing factory, and an aggregate production facility. During the period when Pevans East Africa operated the SportPesa brand, Ndungu, a reclusive business leader who is a significant shareholder and non-executive director of Life Care Medics, received Ksh1.3 billion ($11.1 million) from the company until it ceased operations in June 2019. His company TACON was also the first Ethiopian construction company to qualify for the International Standardization Organization ISO. He was 57. South Africa - $329.53 billion. Ethiopia's First and Largest Blog Network. Despite supply chain bottlenecks, Tesla deliveries have increased 27% since the second quarter of 2021. Furthermore, continually looking to grow, Ketema would also begin to manufacture acrylic yarn and blankets, engage in real estate development, and operate a transit and forwarding company. Gerelta Business Plc. While people on more modest incomes have also seen their assets rise in value during the pandemic, Oxfam said the 10 richest men own six times as much wealth as the bottom 40% (3.1 billion people). However, she returned to manage her business after the group incurred losses up to 1 million within a short period. Mohammed Al Amoudi born in 1946 to an Ethiopian mother of Wollo Amhara descent and a Hadhrami Yemeni father is an Ethiopian and Saudi Arabian citizen. A billionaire in his own right, Tewodros Ashenafi, one of Ethiopia's richest, is without a doubt, a significant contributor to the current explosive growth of Ethiopia. Nov 21, 2022. Recently, Akiko, along with the Italian Enel Green Power, was to sign a 3,240,000,000 ETB or 120,000,000 USD to develop, operate and build a solar power generation plant in Metehara. She controls over 50% of the khat market in Ethiopia and is also a leader in global sales of the product. There were a record 2,755 billionaires in Forbes' 2021 list of the world's wealthiest people660 more than a year ago. He had a net worth of around 12 billion U.S. dollars and ranked 144th worldwide. 15 of the Richest Ethiopians and their Successful Companies in 2021-----. NCBA Group, a Nairobi-based financial services conglomerate led by the wealthy Kenyatta, Merali, and Ndegwa families, operates as a non-operating holding company through its vast network of subsidiaries in Tanzania, Rwanda, Uganda, and Cote dIvoire. 9. Nigeria - $514.05 billion. Below is a list ofthe top 20 richest Ethiopians in 2023. He was a part of the diplomatic works that were used by the dictator for money laundering. Unfortunately, after five years of running the business, he would be placed in jail by the Derg military government for long years. Top 10 RICHEST People in Ethiopia 2021 | Rich and Famous TV Subscribe Here: https://bit.ly/3exoQBy. Below is a list of the top 20 richest Ethiopians in 2022. He lives in Chicago. Michael Prince for Forbes. As one of the fastest growing economies in the world, Ethiopia is on its way to becoming an important hub for global commerce. Despite ranking only 29th in Africa by economic wealth, Ethiopia is a land of riches for thousands. Ermias would create, develop and fund huge and lucrative businesses such as Royal Crown Mineral Water Factory (Highland water), Access Capital, Access Bank, Access Real Estate, Zemen Bank, and Jano Music Band among others. 1. It ranks fourth for private wealth held by individuals. Nega was in charge of the TPLF business empire under the conglomerate Endowment Fund for the Rehabilitation of Tigray. Expanding legalization has driven an increase in bets on football's big game, with wagers more than doubling from 2021 to 2022. Mohammed Al Amoudi - $8.3 Billion. 1960: Pete Seeger at Bowdoin College in Brunswick, Maine . In 2010, she retired from the group, leaving her empire to be managed by her sons. Sebhat Nega is considered a magnate within the Tigray Peoples Liberation Front (TPLF). This financing will aid Co-op Bank in strengthening its capital base, with Norfund participating in the financing through a direct credit line of $16 million and an additional $3.4 million through European Financing Partners. Focusing his efforts on employee improvement, good management, and tight credit controls, BKIE soon began to expand to various other sectors. As a result, Ndungu and Maina, who had a combined 38-percent stake in the now-defunct holding company, will not receive any compensation for their investments. Aside from his leadership role in Ethiopias first and only indigenous oil and gas company, SouthWest Energy, the leading business tycoon played a vital role in transforming the Ethiopian energy sector. List of wealthiest Canadians (Forbes, 2021) World rank Name Net worth (USD) Source of wealth 33: David Thomson & family: US$41.8 billion: Media 189: Joseph Tsai: . With subsidiaries such as Kingdom Securities Limited, Co-op Trust Investment Services Limited, Co-operative Consultancy & Insurance Agency Limited, Kingdom Bank Limited, and the Co-operative Bank of South Sudan, Co-op Bank serves as the primary banker for Kenyas SACCOs. Through its explosive growth, KK Plc would be transformed into a corporate entity in 1992. His net worth at present is $500 million. Odd Reitan of Rema 1000 fame and Norgesgruppen's Johan Johannson place third and fourth on the list with assets of NOK 51 billion and 50.5 billion respectively. Search by Location. That is one reason he has made a lot of connections and made a lot of worth to the countrys economy. Through his legal representative, Ekuru Aukot, Ndungu clarified that the injunction against him and Maina had already expired on Jan. 24, as per the law, and had not been renewed. Ethiopian entrepreneur and leading businesswoman Suhura Ismail Khan is the head of a trading empire from Jijiga, with several thousand employees, dozens of trucks and her airline, Suhura Airways, a Somalian charter carrier established in 2009. The shares from the company have made her present estimated worth of about $1.5 billion. He was named as Ethiopia's richest man, the 2nd richest black person in the world, and the 2nd richest Saudi Arabian, all this proves that Mohammed Al Amoudi has earned the title of tycoon. By 2015, Belayneh would go on to invest in Ethiopia's agricultural sector with the initial payment of 25,000,000 ETB or 1,000,000 USD for 250 hectares of land for the cultivation of sesame, coffee, etc. His net worth climbed to $16 billion in 2021, according to Forbes, up from $12.1 billion in 2020 . Beginning with only the import of items to satisfy the local demand, Omer would in 1995 expand to engage deeply within the coffee business. Jeff Bezos. The company has been operating in Ethiopia for over 60 years now and is respected throughout for its competence. All this and more, has made Omer Ali Shifaw one of Ethiopia's richest men and a self-made one at that. The highest and the lowest net worth. Furthermore, Akikos OBG also engages in construction machinery rental, spas, gyms, and logistical work. As many as five Africans feature in the Bloomberg Billionaires Index 2021 of the world's 500 wealthiest people. top ten richest men in nigeria. booming construction industry in Ethiopia. The closest and most trusted friend of Meles and Azeb. Omer owns coffee clearing machines, coffee washing stations and plans to start up a coffee plantation. Mohammed Al Amoudi - $8.3 Billion. Unfortunately, his family's finances would force him to drop out after three years of higher learning, just short of receiving his degree. Working closely with the Chinese, he has been praised for not letting any shoddy construction works pass.

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