• These überpreneurs are not just tackling the great challenges of our time, they are succeeding in changing our world for the better. This book offers stories of inspiration for every young person with the gleam of an idea on how to follow their lead.

    Hon Peter Beattie AC

Übercast: Better World

Sheik Mohammed Hussein Al-Amoudi

Sheik Mohammed Hussein Al-Amoudi

Sheik Mohammed Hussein Al-Amoudi is a self-made Ethiopian-born billionaire with a passion to develop Ethiopia, as well as a mandate from King Abdullah bin Abdulaziz Al Saud to help feed the people of Saudi Arabia.

And he’s set to do both.

He has already invested around $2 billion in 30 Ethiopian companies, and his Saudi Star Agricultural Development Plc, which began its agricultural activities in 2010 with a sixty-year lease over 10,000 hectares in far-west Ethiopia, intends to expand its rice-farming operation to 300,000 hectares, investing $2.5 billion, employing 250,000 people, and producing 1.5 million tonnes of rice per annum by 2020. Forty per cent of its production will remain in Ethiopia: the rest will go to Saudi Arabia.

"When I invest in Ethiopia, my decisions to invest are based on what I feel in my heart for my motherland. All my other investment decisions in the rest of the world are based on calculated risks and benefits"

Sheik Mohammed Hussein Al-Amoudi on Twitter

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