Top 20 Richest Ethiopians in 2011
Decmember 12, 2011 (Ethiopian Review) – The following is a list of 20 richest Ethiopians in 2011. The list is compiled by Ethiopian Review Intelligence Unit. Except for a few of the individuals in the list, most of them, particularly the TPLF members, have enriched themselves through corruption and outright thievery. Girma Birru and Tadesse Haile, for example, forced construction companies to make them partners if they want to win bid for government projects. These are the parasites who made Ethiopia one of the poorest nations in the world. Only Eyob Mamo, who owns most of the gas stations in the Washington DC Metro Area, became rich through sheer hard work, business savvy, and some luck. Omer Ali, Ketema Kebede, and Minwuyelet Atnafu are not affiliated with the ruling party, but they pay huge sums of money to Azeb Mesfin and the other TPLF thugs to keep working inside the country.
(The net worth amount is in U.S. dollar)
- Mohammed Al Amoudi, owner of Midroc Corporation, estimated net worth: $10 billion
- Meles Zenawi, self-declared prime minister of Ethiopia, head of the terrorist group Tigrean People Liberation Front (TPLF), estimated net worth: $3 billion
- Azeb Mesfin, wife of Meles Zenawi, member of the TPLF politburo, head of the $40-billion Endowment Fund for the Relief of Tigray (EFFORT), partner in several large businesses in Ethiopia, widely known as “the Mother of Corruption,” estimated net worth: $3 billion
- Sebhat Nega, former chairman of TPLF, ex-TPLF politburo member, former head of EFFORT, current chairman of Wugagan Bank, owns several buildings and luxury villas in Ethiopia and the U.S., net worth: $2.5 billion
- Berhane Gebrekristos, TPLF central committee members, personal investor for Meles Zenawi, paid his wife $4 million in divorce settlement and hush-up money in Washington DC when he was an ambassador, currently deputy foreign minister, uses his diplomatic immunity to smuggle gold and precious stones for Meles, Azeb and himself, estimated net worth: $2 billion.
- Samuel Tafesse, owner of Sunshine Construction, partner with Azeb Mesfin, estimated networth: $1.5 billion
- Sioum Mesfin, former TPLF regime foreign affairs minister, currently ambassador to China, smuggles marijuana and other types of illicit drugs to Thailand, China and other Asian countries using his diplomatic immunity, estimated net worth: $1 billion.
- Omer Ali Shifaw, Owner of Nejat International, until TPLF’s Guna Corporation took over, the largest coffee exporting company in Ethiopia, currently threatened by TPLF’s Guna Corporation, estimated net worth: $800 million
- Aba Gebremedhin (formerly Aba Paulos), self-installed patriarch of the Ethiopian Orthodox Church, part-time priest, full time businessman and gun-totting TPLF cadre, the only “religious” leader in Ethiopia who built a statue for himself, owns shares in several companies, estimated net worth: $600 million
- Abadi Zemo, TPLF politburo member, former head of EFFORT, currenly ambassador to Sudan, net worth: $500 million.
- Eyob Mamo, CEO and Chairman of Capitol Petroleum Group, Washington DC, estimated worth: $500 million.
- Ketema Kebede, KK Trading, Alsam Real Estate, Addis Ababa, estimated networth: $400 million.
- Minwuyelet Atnafu, Owner and major share holder of Star Business Group, Tana Transport, Mina Trading, estimated net worth: $400 million.
- Girma Birru, former TPLF Trade and Industry minister, currently ambassador to Washington DC, owns shares in several large companies, including Dembel Business Center in Addis Ababa, owns several real estate properties, estimated net worth: $300 million
- Tadesse Haile, long-time state minister of Trade and Industry, invests in several large projects that he himself authorizes, owns shares in construction and trading companies, estimated net worth: $250 million
- Tewodros Hagos, TPLF politburo member, owns shares in several of EFFORT companies, estimated net worth: $200 million
- Abdullah Bagersh, General Manager of Bagersh International, a leading coffee exporter, currently struggling to survive after Guna entered the coffee exporting business, estimated net worth: $150 million.
- Debre-Tsion Gebre-Michael, TPLF politburo member and information technology minister, tasked with jamming radio, TV and and web sites, travels regularly to the U.S. and Europe to invest his loot, owns shares in companies that work on projects for his minstry, has several real estate properties in Arizona, estimated net worth: $100 million
- Bereket Simon, TPLF propaganda chief, owns real estate properties, estimated worth: $100 million.
- Yemiru Nega, owner of Dembel City Center, partner with Azeb Mesfin, Girma Biru and Tadesse haile, estimated net worth: $100 million.
–Source: Ethiopian Review