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1960: Pete Seeger at Bowdoin College in Brunswick, Maine . For some context, . He also owns a 17-percent stake in Crunchfish AB, a Swedish technology company that develops gesture recognition. Al Amoudi would begin his journey to astronomical wealth by venturing in the fields of construction and real estate. By. With an estimated fortune of $131bn (99bn) he is the . If you have Telegram, you can view and join ETHIOPIAN REPORTER JOB VACANCY IN ETHIOPIA right away. Berhane Gebrekristos - $2 Billion. Buzayehu's East African Holdings is made up of several sister or subsidiary companies involved in manufacturing fast moving consumer goods, printing and packaging, agriculture (commercial farming), transport, agro processing, cement production, real estate, coal mining, coffee export, and coffee roasting and packing. As a result, Ndungu and Maina, who had a combined 38-percent stake in the now-defunct holding company, will not receive any compensation for their investments. Mohammed AL Amoudi is one of the richest people in Ethiopia, as a matter of fact, Mohammed AL Amoudi was named the richest and the most extremely wealthy person in Ethiopia. In Ethiopia, Eskinder hasconsultedand managed various huge road and bridge projects that are a source of pride for Ethiopians. In 2020, private wealth in Ethiopia was estimated at $57 billion, $1-billion higher than the figure for Ghana and $33-billion lower than Kenyas $90 billion. 15 of the Richest Ethiopians and their Successful Companies in 2021-----. Sunshine has constructed 1,129.78 kilometers of road projects, as the company operates as a principal highway contractor to the government. Ermias Amelga was born in Addis Ababa but would move to Egypt and later to Kenya but would return to Addis Ababa to study secondary school and university. A tireless and true businessman, Al Amoudi would also venture into banking, agriculture, cement production, among a dozen other interests. The data and graphics were last updated on November 8th, 2021. Mohammed Al Amoudi - $8.3 Billion. The list of Ethiopia's richest models, actors, musicians, businessmen, politicians, producers, footballers, athletes, Instagram influencers, and entrepreneurs are also the most famous and best-known Ethiopian celebrities both in Ethiopia and internationally. Ermias Amelga was born in Addis Ababa but would move to Egypt and later to Kenya but would be returned to Addis Ababa to study secondary school and university. 2. He's worth $4.5 billion and is the 638th richest person in the world. This company went into other sectors of agriculture as well so that it can flourish from all sides. By 2015, Samuel would expand to become the only one in Africa to open a Mariott Executive Apartment, and the only one in Sub-Saharan Africa to have a Marriott branded hotel. He is still one of the most influential people in the whole of Ethiopia today. 15. Despite supply chain bottlenecks, Tesla deliveries have increased 27% since the second quarter of 2021. He is a politician from the ruling party in Ethiopia. in 1976, as a mere youth. Search by Location. Who is the richest man in Ethiopia in 2022? Through the crafty use of his family's trading background, Ketema began to retail acrylic yarn and other similar items that were in high demand throughout Ethiopia. The group has grown into one of the countrys largest employers, employing more than 6,000 permanent and temporary personnel. Kanye began his career in the music industry as a producer and he even used to write songs for a few famous and popular . Gerelta Business Plc. Here is a list of the billionaires and millionaires in Ethiopia in 2023. He serves as chairman of SouthWest Development, a leading player in Ethiopias oil and gas sector and the provider of various services to oil and gas companies. Today, the group maintains active operations in trade, transportation, construction material rentals, hotels, domestic business investments and product and service sales in Ethiopia and abroad. Analysts expect the companys shares to recover in the medium to long term, as the leading financial services group prepares to launch operations in Ghana, Ethiopia, and the Democratic Republic of the Congo through partnerships led by its mobile phone banking service, M-Shwari. Select Page. Meles Zenawi wasan Ethiopian politician and businessman born on May 9, 1955, but died on Aug 20, 2012, at age of 57 years old. Despiterankingonly 29th in Africa by living standards and economic wealth, Ethiopia is a land of riches for thousands. In the beginning, Ketema Kebede would be engaged in the trade of blankets, sweaters, carpets, and like products. Who is a successful entrepreneur in Ethiopia? He chose Minneapolis, a city in the northern part of the state of Minnesota to settle in. Tekleberhan has also opened up Edna Mall, housing a modern movie theater, and one of only two countries in Africa that receive Hollywood movies directly upon their release. The $161 million bump in his wealth figures can be attributed to the strong performance of his industrial assets in Ethiopia, Saudi Arabia, and Sweden, which continues to track the performance of publicly . Akiko Seyoum Ambaye, the daughter of the late and well known contractor Seyoum Ambaye, is the major shareholder of Orchid Business Group which was established in 2001. He has enough influence inside the party because he is a veteran there. Late last year, Musk became the first person ever to lose $200 billion in wealth after his net worth slid from some $340 billion in Nov. 2021 to $137 billion in Dec. 2022. Akiko through the extensive business dealings of the Orchid Business Group cement her as one of Ethiopia's richest and a billionaire. In response, Ndungu expressed his disappointment, stating that the meeting where he and Asenath Wachera Maina were expelled was not conducted in accordance with the Companies Act. In 2020, private wealth in Ethiopia was estimated at $57 billion, $1 billion higher than the figure for Ghana and $33 billion lower than Kenyas $90 billion. 10. Meles Zenawi - $3 Billion. Azeb Mesfin - $4 Billion. The four-bedroom, double-story house in Gigiri is being sold through Garam Auctioneers, a well-established Kenyan auction house with more than 28 years of experience in the retail industry. The 63-year-old real estate mogul is the founder of Sunshine Investment Group, a construction and real estate development company that develops residential, leisure, and commercial properties in Ethiopia and the Middle East. Tekleberhan Ambaye is an industry leader and one of Ethiopias richest men. The dictator himself looted a huge amount of money in the name of taxes from the common people and before the government was formed, he helped them in the loot of money. 2021 Power 100; 2020 Power 100; 2019 Power 100; 2018 Power 100; 2017 Power 100; Leads & Data Center. Sebhat Nega - $2 Billion. August 24, 2021. From there, he would buy oil refineries in Morocco and Sweden, engage in oil exploration off West Africa, open one of Africa's best hotels (Sheraton Addis), finance a factory to build Saudi's first car, begin gold mining, steel production, tire production and enter the oil market in Ethiopia. According to the latest 2022 Africa Wealth Report, the total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise by 38% over the next 10 years. With a degree in economics from Columbia University as well as an alumnus of the world renowned Harvard Business School, Tewodros well versed in the ways of international business would bring his knowledge to Ethiopia, after holding prominent positions in the west. Before starting his company in Ethiopia, Eskinder had already become a success in Germany. The enterprise was established as an operating holding for subsidiary companies acting in various sectors, such as FMCG manufacturing, agriculture, agro-processing, printing and packaging, transport, real estate, cement production and coal mining. This financing will aid Co-op Bank in strengthening its capital base, with Norfund participating in the financing through a direct credit line of $16 million and an additional $3.4 million through European Financing Partners. Having ten children, Suhura planned to retire from her business and go on an extended pilgrimage in 2010, but her 4 eldest sons managed to incur losses of up to 1,000,000 Euros in a short period of time. Eskinder has also been awarded by the Ethiopian Roads Authority (ERA) and Addis Ababa City Roads Authority (AACRA) for being one of the best engineers benefiting Ethiopia. The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. Kanye West has made it to the top of the list this year by beating Jay-Z. Odd Reitan of Rema 1000 fame and Norgesgruppen's Johan Johannson place third and fourth on the list with assets of NOK 51 billion and 50.5 billion respectively. Aside from his ownership stake in the group, Bizenu control companies such as Bizenu Investments Plc, East African Agri-Business Plc, Cosmar East Africa Business Plc, East African Group (Eth) Plc, East African Tiger Brands Plc, Ethio-Asia Industries Plc, National Cement S.C., East African Coal Mining Corporation Plc, and a host of other companies. who is therichestperson in Ethiopia 2022. Who is the youngest millionaire in Ethiopia? . Copyright 2023 allaboutETHIO.com All Rights Reserved. what is the recommended ratio for lifeguard to swimmer Nigeria - $1.14 trillion. Patrick T. Fallon/Bloomberg. 9. 5. Ethiopia-born billionaire Mohammed Al-Amoudi is Ethiopias richest man with a $6.96-billion net worth. He was listed on Forbes as the 67th richest man in Africa and the 183rd in the world. Akiko through the extensive business dealings of the Orchid Business Group cement her as one of Ethiopia's richest and a billionaire. The privately-owned company founded in Minnesota now has more than 300 trucks and vans and transports about 15,000 people a day. 1. He was close to Meles but was later kicked out of both organisations. Belayneh Kindie: Belayneh Kindie started his business, Belayneh Kindie Import and Export (BKIE), in 2005 with a startup capital of just 111,000 USD or 3,000,000 ETB. Nega was one of the most powerful men in Ethiopia. A significant percentage of the countrys richest individuals are politicians. 1. 1. Omer Ali Shifaw began in the spice business but would leave that to open his own company with a paid up capital of 5,000 ETB or 185 USD. Ethiopian Rich List: Wealthiest Persons In Ethiopia: Mohammed Al Amoudi - $8.45 Billion. There were a record 2,755 billionaires in Forbes' 2021 list of the world's wealthiest people660 more than a year ago. Mohammed Al Amoudi - $8.3 Billion. Khat is a leafy green plant containing two main stimulants used mainly in North East Africa, the Arabian Peninsula, and expatriate communities from these regions. The market value of Muriukis two-percent stake in Co-op Bank is now worth Ksh1.48 billion ($11.7 million). 1 / 63. Its highest dividend payout was in 2016, with Ksh4.3 billion ($36.9 million) distributed to shareholders. Eskinder's obsession with quality has changed the way several construction companies operate in Ethiopia. Fv 27, 2023 . Below is a list of the top 20 richest Ethiopians in 2022. As a local partner in Ethiopia for Japan Tobacco International, he closed a $1.4-billion deal to acquire a 40-percent interest in Ethiopias National Tobacco Enterprise. Taking the position of Prime Minister of Ethiopia from 1995 (until his death in August 2012), Zenawi was hailed as one of Africas strongmen, introducing a multi-party political system, and private press in the country, and reducing child mortality rates. By 2011, Eyob's company was valued at about 788,000,000 USD or 21,000,000,000 ETB. In 2010, she retired from the group, leaving her empire to be managed by her sons. His company is now worth 12,000,000 USD or 324,000,000 ETB, making him one of Ethiopia's richest people. Even though Ethiopia is classified as one of the developing countries in the world there are still rich people who are living and enjoying life as the Westerners do. Aliko Dangote: The first on the list is Aliko Dangote. Find many great new & used options and get the best deals for LEILEI Black 100% Silk Semi Sheer Blouse Top Short Sleeve Size XL at the best online prices at eBay! List of wealthiest Canadians (Forbes, 2021) World rank Name Net worth (USD) Source of wealth 33: David Thomson & family: US$41.8 billion: Media 189: Joseph Tsai: . Mohammed A. Ture established his company in 1954 as Ture Chinese Commodities but was later changed to Ture Plc. After 22 years away from his homeland, Ermias would return with his experience in Wall Street's stock exchange and start innovative businesses in Ethiopia. Recently, it has evolved into a prominent corporate group in the country through BK Business Group. Khat is a leafy green plant containing two main stimulants used mainly in North East Africa, the Arabian Peninsula and expatriate communities from these regions. The result is uniquely original footwear driven by an ethos of ethical production, sustainable materials and maximum comfort. Meles Zenawi - $3 Billion. The 10 Richest Individuals in Ethiopia ===== Even though Ethiopia is classified as one of the developing countries in the world. $92.413 billion (nominal, 2021 est.) Elon Musk. 3. The Kenyan banking firm, which has 109 branches in Kenya, Uganda, Tanzania, Rwanda, and the Ivory Coast, was formed in 2019 by the merger of NIC Bank Group and Commercial Bank of Africa Group. Paul Ndungu, a prominent Kenyan businessman and shareholder in Pevans East Africa, the company behind the popular SportPesa betting brand, is auctioning off a residential property located in Nairobi. . Musk might hold the current title of the richest person in the world, but he also holds a record for the biggest fortune ever lost by anyone in history. With annual revenue of more than $100 million, Ethio Biography places his net worth at $1.6 billion. Bill Gates. 100+ Richest People In The World [RANKED] Net Worth & Eanrings Background & Bio's How They Made Their Fortunes Top Billionaires Fun Facts Pics More . Since its founding in 2005, the company has grown into one of the countrys largest exporters of sesame seeds and a leading Ethiopian agricultural commodities trader. Mohammed A. Ture established his company in 1954 as Ture Chinese Commodities but was later changed to Ture Plc. According to research conducted by Billionaires.Africa, here is a list of some of these wealthy people. 1. Alemu founded soleRebels as a way to blend her Ethiopian communitys creative artisan talents with the traditional barabasso (Ethiopian recycled tire) shoe. Seyoum Mesfin - $1.8 Billion. As his company grew, Ketema expanded to trading with neighboring countries and KK Plc. Samuel Tafesse - $1.6 Billion. This land would be supplemented with an additional 1,500 hectares of land by the government of the Southern Nations, Nationalities and Peoples. According to Wikipedia, he began his career at Ghana Commercial Bank in 1969. Morocco - $302.77 billion. Despite ranking only 29th in Africa by living standards and economic wealth, Ethiopia is a land of riches for thousands. Samuel Tafesse's company now engages in large-scale road and bridge projects, large scale real estate developments, the building of residential properties, hotel and commercial building construction. Seeing as Co-op Bank is the third-largest bank in Kenya, with 65 percent ownership by local co-operatives, and the largest co-operative bank in Africa, this injection of funds is sure to have a substantial impact. Thomas Pritzker: He is the heir to and executive chairman of the Hyatt hotel chain. Since then, it has grown from a single bus in 2004 to a multimillion-dollar valuation as of press time. 2. Who is the richest person in Uganda 2021? Aside from founding Sunshine Investment Group, Tafesse has played a seminal role in developing Ethiopias construction sector. At one point, he was considered even more powerful than the late Meles Zenawi, the one-time prime minister. Beginning with only the import of items to satisfy the local demand, Omer would in 1995 expand to engage deeply within the coffee business. Always looking to grow, Belayneh would spend a further 600,000,000 ETB or 23,000,000 USD to acquire a 40,000 sqm plot of land in Bahir Dar to build a 5 star resort and hotel. From the beautifully designed Bole Road-Wello Sefer overpass to various other projects all over Ethiopia, he and his company have received a multitude of accolades. The top 10 richest people on the planet have a combined net worth of $1.4 trillion. Eyob "Joe" Mamo. Young Rich List wealth takes $11b hit after tech plunge. Eskinder Zewdie is a German-educated engineer that has brought his exceptional civil engineering abilities to his homeland. Xu Rongmao & family. Azeb Mesfin - $4 Billion. In Ethiopia, Eskinder has consulted and managed various huge road and bridge projects that are a source of pride for Ethiopians. Since then, it has grown from a single bus in 2004 to a multimillion-dollar valuation as of press time. The banks share price has dropped 7.8 percent since the start of the year, from Ksh39.8 ($0.322) on Jan. 1 to Ksh36.7 ($0.288) on Feb. 28, pushing its market capitalization below Ksh60 billion. The company has been operating in Ethiopia for over 60 years now and is respected throughout for its competence. Samuel Tafesse - $1.6 Billion. Ashenafi is a co-owner of Ambo Mineral Water, the best-selling naturally-carbonated bottled mineral water in Ethiopia, and the beverage giant SABMiller. 1. Recently, it has evolved into a prominent corporate group in the country through BK Business Group. She has been named Ethiopian Entrepreneur of the Year several times and her accolades in her industry prove that Suhura Khan is one of Ethiopia's richest people. Africa is the second largest continent in the world in terms of land area and population. Top 10 Universities in Africa; 20 Interesting Facts about Africa; Top 100 richest people in africa; Top 7 most developed African countries; Richest Person In Kenya And Top 10 Wealthy Kenyans; Turkey is to completely erase all Somalia's debts to the IMF; 10 trending Kaftan outfit ideas for grooms-to-be; 5 highest paid African football players . February 6, 2023. 3. He is presently the Ethiopian ambassador to China. Belayneh Kindie has amassed a fortune through his Belayneh Kindie (BK) Business Group, an Ethiopia-based group initially focused on exporting oil seeds, nuts and other products. The youngest person to feature in the list is a 23-year old Shashvat Nakrani who founded the . iwi masada aftermarket parts. Top 100 country songs of all time. The bank first operated in Uganda as the National Bank of India in 1906. This year, War, pandemic and sluggish markets hit the world's billionaires whose number drop by 87 to 2,668 on Forbes' annual ranking of the planet's richest people. Working closely with the Chinese, he has been praised for not letting any shoddy construction works pass. (Reuters) Larry . The company has more than 3,000 employees. It ranks fourth for private wealth held by individuals. Top 10 Richest People In New Zealand and Their Net Worth 2022. 2. Eyob Joe Mamo is an Ethiopian oil tycoon known for running and controlling half of the gas stations in Washington, D.C., through Capitol Petroleum Group, a leading wholesale distributor of petroleum services in the Metro D.C. area and New York City. In recent times, Al-Amoudi has tightened his grip on his hotel business following the appointment of one of his sons-in-law to the board of Midroc Gold, whose portfolio includes the Sheraton hotels in Djibouti and Addis Ababa. By comparison, Elon Musk, at over $304 billion, still has a little ways to go just yet. Through its explosive growth, KK Plc would be transformed into a corporate entity in 1992. icle family law institute 2021; . in 1976, as a mere youth. Since its founding in 2005, the company has grown into one of the countrys largest exporters of sesame seeds and a leading Ethiopian agricultural commodities trader. Mukesh Ambani the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 13 consecutive years. By 2008, Suhura would pay 37,000,000 USD or 999,000,000 ETB in taxes to the Ethiopian government. The world's 10 richest people added $402 billion to their fortunes in 2021. The Ture business empire is engaged in the import and distribution of hardware, machinery, and construction materials, including the installation of small and large-scale factories. top 100 richest person in ethiopia 2021. by . By 2006, Belayneh entered the transport business by establishing the BKPT or Belayneh Kindie Private Transport, with six 40 ton carrying trucks. Sebhat Nega is considered a magnate within the Tigray Peoples Liberation Front (TPLF). Algeria - $532.57 billion. Tashitaa Tufaa, the founder of the Metropolitan Transportation Network, is one of Ethiopias wealthiest businessmen. Here's how American families, from the poorest to the richest, spend their money +16 16 great furniture designers of the last century inspiring today's design trends It's when a person is young and chock full of new emotions that they connect the most intensely with certain songs or performers, after all. Unfortunately, after five years of running the business, he would be placed in jail by the Derg military government for long years. Eyob "Joe" Mamo is without a doubt a billionaire and one of Ethiopia's riches individuals. All this and more, has made Omer Ali Shifaw one of Ethiopia's richest men and a self-made one at that. Tewodros also sits on a multitude of boards, think tanks, as well as, being a winner of international awards. The highest and the lowest net worth. She controls over 50% of the khat market in Ethiopia and is also a leader in global sales of the product. Follow us too! Akiko through the extensive business dealings of the Orchid Business Group cement her as one of Ethiopias richest a billionaire. Advertisement. Ethiopia-born billionaire Mohammed Al-Amoudi. From the beautifully designed Bole Road-Wello Sefer overpass to various other projects all over Ethiopia, he and his company have received a multitude of accolades. The Ethiopian men and women who have spearheaded the country's phenomenal growth stem from various backgrounds, ethnicities, and religions. China. 9. Amidst a legal dispute with fellow shareholders in Pevans East Africa, Ndungu and another shareholder, Asenath Wachera Maina, were removed from their positions in Pevans East Africa following a special resolution. began its explosive rise as one of Ethiopias largest business enterprises. In addition to this, Tewodros would become the Chairman and CEO of SouthWest Energy, the first and only local oil and gas organization. He is among the richest people in Africa who are worth billions ranking among Aliko Dangote, and others. He was also the chairman of the Tigrayan Peoples Liberation Front (TPLF) and the head of the Ethiopian Peoples Revolutionary Democratic Front (EPRDF) during the eighties. Meanwhile, the local economy has a GDP of $108 billion, making it the sixth-largest economy on the African continent behind Algeria. Taking advantage of this huge business opportunity, Suhura was able to quickly expand her business in an explosive manner. Top 10 Wealthiest/Richest People In Ethiopia In 2023. Akiko's deal with the EEP or Ethiopian Electric Power would make her the first Ethiopian to build a privately owned and operated solar plant in the country. Through the crafty use of his familys trading background, Ketema began to retail acrylic yarn and other similar items that were in high demand throughout Ethiopia. Mohammed Al Amoudi born in 1946 to an Ethiopian mother of Wollo Amhara descent and a Hadhrami Yemeni father is an Ethiopian and Saudi Arabian citizen. The closest and most trusted friend of Meles and Azeb. richest nigerian in houston. It ranks fourth for private wealth held by individuals. Despite ranking only 29th in Africa by economic wealth, Ethiopia is a land of riches for thousands. Nega was in charge of the TPLF business empire under the conglomerate Endowment Fund for the Rehabilitation of Tigray. The recent move of Co-operative Bank Group to secure a total of $100 million in long-term debt from global institutional investors comes three months after the Kenyan financial services group reported a staggering profit of Ksh17 billion ($140 billion) at the end of the first nine months of its 2022 fiscal year. If we simply consider a nation's gross domestic productthe sum of all goods and services produced by a country during one yearthen we would have to conclude that the richest nations are exactly the ones with the largest GDP: United States, China, Japan, Germany. 1. Belayneh Kindie began his journey to wealth by starting his company Belayneh Kindie Import and Export (BKIE), in 2005 with the startup capital of only 111,000 USD or 3,000,000 ETB. While people on more modest incomes have also seen their assets rise in value during the pandemic, Oxfam said the 10 richest men own six times as much wealth as the bottom 40% (3.1 billion people). Nigeria is the richest and most populous country in Africa. This is a 120 kilometre (75 mile) strip of land which lies between the . Below is a list ofthe top 20 richest Ethiopians in 2023. What is the richest country in Africa? Who is the richest company in Uganda? Today, the group maintains active operations in trade, transportation, construction material rentals, hotels, domestic business investments, and product and service sales in Ethiopia and abroad. ALIKO DANGOTE - NW: $21.6 BILLION. Richest African Countries by GDP. Sebhat Nega - $2 Billion. He has amassed hundreds of millions of dollars through his political affiliations and his business dealings through TPLF. $127 Billion. Primarily engaged in the export of oil seeds and other similar products, BKIE rose to become the Ethiopia's largest exporters of sesame seeds by 2010. 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.He was also listed as Ethiopia's richest man, the second richest . Following a brain tumor operation in Brussels, Zenawi died from contracting an infection in August 2012. Africa's billionaires saw their wealth increase significantly in 2021, similar to the previous year, despite the long-term effects of the Covid-19 pandemic on business activities and the operations of companies and financial assets controlled by these ultra-wealthy individuals during the year. Berhane Gebrekiristos. Aside from founding Sunshine Investment Group, Tafesse has played a seminal role in developing Ethiopias construction sector. She also has a criminal image of herself among the people of Ethiopia, with the name mother of corruption given to her by the people. Having been enthralled with the little he had seen in the construction business, Samuel would borrow 10,000 ETB or 370 UDS to get a construction license in 1986. Angola - $217.97 billion. For various reasons, such as political, economic, etc., Ethiopians are spread out as Diaspora all over the globe. Mark Zuckerberg's net worth topped $100 billion for the first time on August 7, 2020. Kanye West. 4. How does your net worth compare to the fortunes of the wealthiest people in the United States? A billionaire in his own right, Tewodros Ashenafi, one of Ethiopia's richest, is without a doubt, a significant contributor to the current explosive growth of Ethiopia. Ketema would begin to import and sell goods, export agricultural products, and distribute locally produced goods throughout Ethiopia. In 2020, private wealth in Ethiopia was estimated at $57 billion, $1-billion higher than the figure for Ghana and $33-billion lower than Kenya's $90 billion. Companies run by Buzayehu include: Bizenu Investments Plc., East African Agri-Business Plc., Cosmar East Africa Business Plc., East African Group (Eth) Plc., East African Tiger Brands Plc., Ethio-Asia Industries Plc., National Cement S.C., East African Coal Mining Corporation Plc., East African Real Estate Development Plc., National Transport Plc., National Premix Construction Plc., Hamaressa Edible Oil S.C., and Distribution Outlets (over 21 located throughout Ethiopia). He was 57. South Africa - $329.53 billion. For the 11th year in a row, Alike Dangote of Nigeria is the continent's richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock . As his company grew, Ketema expanded to trading with neighboring countries and KK Plc. Who is the second richest person in Ethiopia. Moreover, she was also elected as Miss ECOWAS in 2013, winning a cash prize of $6,000 US dollars. began its explosive rise as one of Ethiopia's largest business enterprises. Ethio Telecom 21.6 billion Ethiopian Birr (585 million USD) Ethio Telecom, formerly known as the Ethiopian Telecommunications Corporation (ETC), is an Ethiopian telecom company serving as the foremost internet . 11 . Jeff Bezos. Sunshine has constructed 1,129.78 kilometers of road projects, as the company operates as a principal highway contractor to the government. However, the recent bump in his wealth comes after his net worth slumped by $1.25 billion in 2022, from $6.71 billion to $5.46 billion. Amazon founder Jeff Bezos is the richest man in the world, according to the 2019 Forbes billionaires' list released this week. Kwabena Duffuor Net Worth - $680 Million. In 2021, the respective headliners were Kendrick Lamar, Tyler, the . 2 weeks ago. Furthermore, Akiko's OBG also engages in construction machinery rental, spas, gyms, and logistical works. However, the companys payouts decreased in the following years, with Ksh290.3 million ($2.5 million), Ksh876.5 million ($7.51 million), and Ksh559.9 million ($4.8 million) paid out in 2017, 2018, and 2019, respectively. However, less than 3,400 are ultra-high net-worth individuals.