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Missing billionaires: Saudis disappear from Forbes list

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Mohammed Hussein Ali Al-'Amoudi is an Ethiopian and Saudi Arabian billionaire businessman. He was born in Ethiopia in 1946. In 2016, his net worth was estimated by Forbes at approximately $10.9 billion and a relative fall in net value was linked to the global fall in oil and gold prices at the time of estimation.[1] He was also listed as Ethiopia's richest man, the second richest Saudi Arabian citizen in the world and the second richest black person in the world.[2] 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.

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