Top 10 Richest People In Ethiopia In 2025 And Their Net Worth In Dollars

Ethiopia, a country with a rich history and one of Africa’s fastest-growing economies, has seen the rise of influential entrepreneurs and business leaders. With its expanding industrial sector, agriculture, and services, several Ethiopians have accumulated significant wealth. If you’ve been asking: Who are the richest people in Ethiopia in 2025? What is their net worth in U.S. dollars? How did they amass their fortunes? What industries do they dominate? How do they spend their wealth? What challenges do they face? And what lies ahead for their fortunes? You’re in the right place!

This article explores the top 10 richest Ethiopians in 2025 and their net worth, offering detailed insights.

Here, we will examine the backgrounds, businesses, and financial journeys of Ethiopia’s wealthiest individuals in 2025. By the end, you’ll understand how they achieved success and what sets them apart in Ethiopia’s vibrant business landscape.

Who Are the Top 10 Richest People in Ethiopia in 2025?

The richest people in Ethiopia in 2025 are influential figures who drive economic growth and create employment. Their success demonstrates how vision, hard work, and diversification in key sectors lead to wealth accumulation.

By understanding their net worth and business paths, aspiring entrepreneurs can learn valuable lessons from their journeys. Let’s meet these remarkable personalities and see how they built their business empires.

Profiles of the Top 10 Richest People in Ethiopia in 2025

1. Mohammed Al Amoudi – Net Worth: $9.5–$10.5 Billion

Who is Mohammed Al Amoudi?
Al Amoudi is Ethiopia’s richest man and one of Africa’s wealthiest individuals. He has diversified holdings across oil, agriculture, mining, and construction.

How did he make his money?
His fortune comes from oil refineries in Sweden, extensive agriculture projects in Ethiopia, and mining operations in Africa.

Financial Journey
From humble beginnings, Al Amoudi built a vast business empire across multiple continents, estimated to be worth over $9 billion.

Fun Fact
He is known for his philanthropy in Ethiopia, funding hospitals and schools.

2. Samuel Tafesse – Net Worth: $1.2–$1.5 Billion

Who is Samuel Tafesse?
Founder and CEO of East Africa Bottling Share Company, a major beverage producer.

How did he make his money?
His company bottles and distributes soft drinks and mineral water across Ethiopia.

Financial Journey
Starting in the 1990s, Tafesse expanded his beverage business aggressively to become a market leader.

Fun Fact
He has also diversified into real estate and agriculture.

3. Tewodros Ashenafi – Net Worth: $900 Million–$1.1 Billion

Who is Tewodros Ashenafi?
Chairman and CEO of SouthWest Energy, an oil and gas exploration company.

How did he make his money?
His company is one of Ethiopia’s leading players in energy exploration and production.

Financial Journey
Tewodros grew his business by attracting international investments and advancing Ethiopia’s energy sector.

Fun Fact
He also invests in finance and industrial sectors.

4. Bethlehem Tilahun Alemu – Net Worth: $850 Million

Who is Bethlehem Tilahun Alemu?
Founder of soleRebels, a globally recognized Ethiopian footwear brand.

How did she make her money?
By creating eco-friendly, handmade shoes sold worldwide.

Financial Journey
Starting small, Bethlehem’s brand gained international acclaim and expanded into many countries.

Fun Fact
She is a celebrated female entrepreneur inspiring many young women.

5. Ashenafi Kebede – Net Worth: $750 Million

Who is Ashenafi Kebede?
Entrepreneur in agriculture and manufacturing sectors.

How did he make his money?
Through investments in coffee export and food processing companies.

Financial Journey
Kebede focused on scaling agricultural exports to global markets.

Fun Fact
He is also a patron of Ethiopian arts and culture.

6. Mihret Debebe – Net Worth: $700 Million

Who is Mihret Debebe?
CEO of a leading Ethiopian textile and garment company.

How did he make his money?
His firm produces clothes for local and export markets.

Financial Journey
He capitalized on Ethiopia’s growing textile industry and labor advantages.

Fun Fact
His company employs thousands of workers in Addis Ababa.

7. Haile Gebrselassie – Net Worth: $600 Million

Who is Haile Gebrselassie?
World-renowned Olympic long-distance runner turned entrepreneur.

How did he make his money?
Investments in real estate, agriculture, and manufacturing.

Financial Journey
Using prize money and endorsements, Haile built diverse business ventures.

Fun Fact
He owns several luxury hotels and resorts in Ethiopia.

8. Ermias Amelga – Net Worth: $550 Million

Who is Ermias Amelga?
Real estate mogul and founder of a large construction company.

How did he make his money?
Developing commercial and residential properties in Addis Ababa and other cities.

Financial Journey
His real estate developments cater to the growing middle class and expatriate community.

Fun Fact
He invests heavily in sustainable building technologies.

9. Ato Kassa Tesfaye – Net Worth: $500 Million

Who is Kassa Tesfaye?
Businessman in finance and telecommunications.

How did he make his money?
Ownership stakes in banks and telecom startups.

Financial Journey
Tesfaye diversified into fast-growing service sectors with high demand.

Fun Fact
He is known for supporting tech innovation hubs in Ethiopia.

10. Tsige Gebreyes – Net Worth: $480 Million

Who is Tsige Gebreyes?
Agribusiness entrepreneur and coffee exporter.

How did he make his money?
Running large-scale coffee farms and export businesses.

Financial Journey
He built a brand for high-quality Ethiopian coffee worldwide.

Fun Fact
His company promotes fair trade and sustainable farming.

How Do the Richest People in Ethiopia Make Their Money?

Ethiopia’s wealthiest earn mainly through:

• Oil, mining, and energy

• Agriculture and coffee exports

• Manufacturing and textiles

• Real estate and construction

• Beverage production

• Retail and consumer goods

These sectors underpin Ethiopia’s economy and wealth creation.

Challenges Faced by Ethiopia’s Richest in 2025

• Political and economic stability concerns

• Infrastructure development needs

• Regulatory and market challenges

• Global commodity price fluctuations

Adaptation and resilience remain essential.

How Do Ethiopia’s Richest Spend Their Wealth?

• Investing in new businesses and technology

• Philanthropy in health, education, and poverty alleviation

• Real estate and luxury lifestyle

• Supporting cultural and social initiatives

Lessons from Ethiopia’s Top 10 Richest People in 2025

• Diversify income streams

• Build strong international partnerships

• Focus on sustainable and ethical business practices

• Give back to communities

• Embrace innovation and local talent