Al Amoudi’s Relationship to Ethiopia: Symbiotic or Parasitic? – Tazebe Techanie

March 28th, 2010 Print Print Email Email

Ethiopian born Mohammed Al Amoudi is once again the richest black person in the world with an estimated net worth of a cool $10 billion in the latest Forbes’ World’s Billionaires List. (more…)

Ethiopian born Mohammed Al Amoudi is once again the richest black person in the world with an estimated net worth of a cool $10 billion in the latest Forbes’ World’s Billionaires List.

Al Amoudi is well known for showering Ethiopian Sports Federation in North America (ESFNA) with US Dollars, throwing extravagant parties and weddings for his private dancers as well as comedians, and most of all for being an ardent supporter of TPLF. However, his source of wealth is still a mystery. According to Forbes, he Hit jackpot with gold mine in the Oromo region of Ethiopia; it now produces 6 tons of gold annually, set to double production by 2010. How much did he pay TPLF to own such treasure of Ethiopia? In 2005, his love for woyanne became official and his wealth tripled by year 2006. He exposes his true color by wearing the “bee” T-shirt during the 2005 election.


Al Amoudi’s wealth grows proportional to his love for TPLF.

Things to ponder:

1) How did Mohammed Al Amoudi come to be the richest black person in the world with in less than 10 years? In 2001 Calendar year, he was not worth even 1 Billion Dollars and was not in the Billionaire list at all. Is there anybody else behind his wealth accumulation?

2) Is TPLF using Al Amoudi to launder money looted from Ethiopia and the money borrowed in the name of Ethiopia from World Bank and IMF?

3) Does Al Amoudi benefit from Ethiopia, mutually benefit from each other or does he feed off of Ethiopia like a parasite?

1. List of his companies and source of wealth: http://www.mohammed-al-amoudi.com/business

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