Jacaylbaro Posted March 8, 2008 Is The Richest Black Person On Earth from Ethiopia? Ethiopia - Al Amoudi is the 97th Richest Person in The World - Forbes Currently 3.38/5 1 2 3 4 5 i Billionaire Mohamed Al Amoudi, The World's Richest Black Person born in Ethiopia. Forbes March 2008 issue lists him as the 97th richest person in the world and the 6th richest in Africa and Middle East Ethiopia - Al Amoudi is ranked 97th Richest Person in The World Ethiopia born business tycoon, Mohammed Al Amoudi is the 97th richest person in the world, with a net worth of $9 Billion, according to the latest Forbes list of The World's Billionaires. Al Amoudi's net worth has increased from last year by a cool one billion dollar but his ranking took a beating from last year. Al Amoudi was ranked 86th with a net worth of $8 Billion in 2007's edition of Forbes Magazine. Born in Ethiopia and now a Saudi citizen, Al Amoudi made his fortune in construction and real estate before betting on energy. Owns Swedish refinery Preem as well as Svenska Petroleum, which made big plays in Guinea-Bissau, Nigeria and Angola this year. Has invested more than $1 billion in Ethiopia, from hotels to gold mines. Last fall celebrated the year 2000 in the Ethiopian Orthodox calendar with international artists performing in his new 20,000 seat concert hall in Addis Ababa. Al Amoudi is by far the richest person in Ethiopia and he is ranked the 6th richest person in all of Africa and Middle East. He is also considered the richest black person in the world. Al Amoudi is a self-made billionaire, who is 62 years old and married with 8 children according to Forbes. Bloomberg news reported that Berkshire Hathaway Inc. Chairman Warren Buffett toppled Bill Gates from the top spot on Forbes magazine's annual list of billionaires worldwide, ending a 13- year reign for the Microsoft Corp. co-founder. Buffett's wealth grew $10 billion to about $62 billion in the 12 months through Feb. 11, mostly from a gain in his company's shares, Forbes said in a statement. Nigeria has its first Billionaire, Aliko Dangote who is worth 3.3 Billion and is ranked 334th in the world, South Africa also has its first ever black Billionaire. The World's Billionaires Name Citizenship Net Worth ($Bil) 1 Warren Buffett United States 62.0 2 Carlos Slim Helu Mexico 60.0 3 William Gates III United States 58.0 4 Lakshmi Mittal India 45.0 5 Mukesh Ambani India 43.0 6 Anil Ambani India 42.0 7 Ingvar Kamprad Sweden 31.0 8 KP Singh India 30.0 9 Oleg Deripaska Russia 28.0 10 Karl Albrecht Germany 27.0 97 Mohammed Al-Amoudi Saudi Arabia (Born in Ethiopia) 9.0 Source: Forbes For complete list, check out Forbes Magazine Quote Share this post Link to post Share on other sites
Yaabka-Yaabkiis Posted March 8, 2008 ^^Yeah also see your name in Somali-Qaldan Billionaires list....lol Quote Share this post Link to post Share on other sites
MAXIMUS POWERS Posted March 8, 2008 ^^ is that really necessary. Don’t use words like Qaldan please! They are very divisive and cause offensive. Anyways I am sure they are a few qaldan millionaire somewhere in the world. Quote Share this post Link to post Share on other sites
Yaabka-Yaabkiis Posted March 9, 2008 ^^I got some friends from somaliland, they dont mind calling them *******,hope JB do same... Quote Share this post Link to post Share on other sites
Xudeedi Posted March 9, 2008 Why do we have several of the World's richest guys from India sharing home with over 300 Million of Indians living below the poverty line? The western Media has been branding India as Democracy since 1992. Democracy has come to mean opening up your borders to western exploitation, Isn't that right as one of you said that the democratically elected Hamas was short of the intended target. Democracy is now used as a convenient vehicle of transnational goals to advance the economic interest of western MNCs. Quote Share this post Link to post Share on other sites
