Billionaire Mohammed Al Amoudi is not dead

August 28, 2012 — Saudi billionaire Mohamed Al Amoudi is not dead, contrary to a claim first reported by Ethiopian Review, a leading U.S.-based opposition website.

Several sources told Durame by phone that the longtime friend of the late Ethiopian dictator Meles Zenawi was spotted in Jeddah, Suadi Arabia inside the upscale Roshana Mall yesterday.

Since then, the 66-year-old tycoon has flown in to Ethiopia today to attend Meles' funeral processions that's scheduled for this Sunday, Sept. 2, according to state-run media.

Ethiopianreview, often regarded as one of the more credible opposition websites, was likely given disinformation by a source to purposely discredit it and the opposition, one observer noted.

In 2010, Elias Kifle, the owner of and a prominent figure within the Ethiopian opposition community, was sued for defamation by Amoudi in the UK.

Born to a Yemeni father and an Ethiopian mother in Dessie, Ethiopia in 1946, Amoudi is reported to be one of the world's richest men with an estimated networth of US$12.5 billion dollars.

Mohammed Al Amoudi