Ethiopian billionaire Mohammed Al-Amoudi gains $340 million in 51 days
Al-Amoudi derives the majority of his wealth from Preem, Sweden’s largest oil refiner, and Svenska.
Sweden's largest oil refiner
Ethiopia’s richest man Mohammed Al Amoudi has now lost $1.45 billion so far in 2022
Al-Amoudi still remains Ethiopia’s richest man and one of Africa’s wealthiest businessmen.