March 7, 2018

Top 10 richest people in Ethiopia 2018

1. Mohammed Al Amoudi
Controls gold mines and massive tracts of fertile lands that were handed to him by Meles Zenawi, after their owners were kicked out and displaced. Estimated net worth: $10 billion.

2. Azeb Mesfin
She is the Widow of the late dictator Meles Zenawi,  she has ownership interests in many of the biggest companies in Ethiopia. Estimated net worth: $4 billion.

3. Berhane Gebrekiristos
The closest and most trusted friend of Meles and Azeb. Estimated net worth: $2 billion.

4. Sebhat Nega
His fortune has been declining after he was kicked out of the TPLF politburo and the Endowment Fund for the Relief of Tigray (EFFORT) by Meles and Azeb; he is currently rebounding. Estimated net worth $2 billion.

5. Seyoum Mesfin 
Current Ethiopian ambassador to China, former foreign affairs minister, used his chairmanship of Ethiopian Airlines and diplomatic status to smuggle illegal drugs between Africa and Asia; he is perhaps the biggest drug trader in Africa. Estimated net worth: $1.8 billion.

Samuel Tafesse – One of Azeb Mesfin’s business partners; their relationship has gone sour over the past couple of years, negatively affecting his construction business. Estimated net worth: $1.6 billion.

6. Abay Teshay
A senior member of the ruling party, has blind partnerships with many of the big companies in Ethiopia. Net worth: $1.5 billion

7. Omer Ali Shifaw
Owner of Nejat International, whose wealth has been declining after TPLF started to compete with his coffee exporting business. Estimated net worth: $500 million

8. Eyob Mamo
CEO and Chairman of Capitol Petroleum Group, Washington DC. Estimated worth: $500 million.

9. Suhura Ismail Khan
She has become the biggest khat trader in East Africa by establishing partnerships with TPLF officials and forging a close friendship with the late dictator Meles Zenawi. The TPLF-occupied Ethiopian embassies around the world are her main khat export routes to the Diaspora. Estimated net worth: $200 million.

10. Ina Afdile and wife Sahura.