Home lists Top 100 most powerful Arabs 2022 Mohammed Al Amoudi Owner, MIDROC Origin: KSA-Ethiopia Residence: KSA Sector: Diversified Mohammed Al Amoudi owns industrial giant MIDROC Ethiopia Group, which has 80 companies organised under four groups. His estimated net worth is close to $8bn. Apart from investing in agriculture, cement and mining, Al Amoudi also owns Preem, Sweden’s largest fuel company. In 2021, Preem announced it was accelerating its measures to reduce greenhouse gas emissions. The company stated that by 2035, it will have a climate-neutral business with net-zero emissions throughout its value chain.