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The Ethiopian – born business mogul Sheik Mohammed Hussein al Amoudi has been named in an anti-corruption crackdown by the Saudi Arabian government over the weekend.
Al Amoudi, 71, was detained along with 11 princes, four current ministers and a number of former ministers. Saudi-owned Al Arabiya television said the probe is headed by Crown Prince Mohammed bin Salman.
According to Forbes, as at 2016, his net worth was approximately USD 10.9 billion.
His investments are linked to oil and global commodities. He is also listed as Ethiopia’s richest man and the second richest Saudi Arabian citizen in the world.