Home lists Top 100 most powerful Arabs 2021 Mohammed Al Amoudi Owner, MIDROC Origin: KSA/Ethiopia Residence: KSA Sector: Diversified With an estimated net worth of $7.65bn, businessman Mohammed Al Amoudi owns industrial giant MIDROC. He also owns Preem, Sweden’s largest fuel company. A prolific philanthropist, his efforts have been focused on education, training and healthcare in Ethiopia. Last year, Al Amoudi announced a donation of $3.6m to the Addis Ababa city administration to help combat the pandemic, while $1.1m was pledged for the construction of a school building. At the beginning of 2020, MIDROC allocated $125m to construct an edible oils factory in the Ethiopian capital.