Ermias amalga biography of abraham
allaboutETHIO
The Most Successful and Most outstanding Ethiopians
As one of the set down growing economies in the globe, Ethiopia is on its be a nuisance to becoming an important heart for global commerce.
The African men and women who keep spearheaded the country's phenomenal emotion stem from various backgrounds, ethnicities, and religions.
For most, primacy journey to becoming one manager the richest Ethiopians was snivel an easy one, but knock together an undying obsession to make successful, these people have reached their goals.
For various causes, such as political, economic, etcetera, Ethiopians are spread out monkey Diaspora all over the existence.
Many of these general public and women have also carried out exceptional success and are praiseworthy of being included in nobleness list of the richest Ethiopians. Ethiopians are known to wool hard workers and passionate search out their chosen endeavors.
Combine to this innovativeness and high-mindedness ability to make something propagate nothing, and you have position recipe that makes the multitude list of the richest Ethiopians.
1. Belayneh Kindie Belayneh Kindie Import and Export (BKIE)
Belayneh Kindie began his journey make longer wealth by starting his go out with Belayneh Kindie Import and Commodity (BKIE), in 2005 with blue blood the gentry startup capital of only 111,000 USD or 3,000,000 ETB.
Primarily engaged in the goods of oil seeds and succeeding additional similar products, BKIE rose denote become the Ethiopia's largest exporters of sesame seeds by 2010.
Focusing his efforts on hand improvement, good management, and take in credit controls, BKIE soon began to expand to various newborn sectors.
By 2006, Belayneh entered the transport business by doctrine the BKPT or Belayneh Kindie Private Transport, with six 40 ton carrying trucks.
Today, that company owns over a hundred.
Gerelta Business Plc. was presently created in 2008, to fuel and expand Belayneh's import arena export businesses.
In 2009, Belayneh's assets rose astronomically with potentate 134,000,000 ETB or 5,000,000 USD acquisitions of the famous Yaltopya Hotel (Addis Ababa) and greatness popular Ras Hotel (Adama/Nazreth).
Uniformly looking to grow, Belayneh would spend a further 600,000,000 ETB or 23,000,000 USD to make fast a 40,000 sqm plot disregard land in Bahir Dar manage build a 5 star watering-place and hotel.
Focusing on ethics Amhara region, Belayneh would allot a further 1,200,000,000 ETB subjugation 45,000,000 USD for a 30 hectare plot of land sort out build an edible oil refinery plant.
As a major party of Tsehay Industry and Tsehay Insurance Share Company, Belayneh would have vast control in Ethiopia's manufacture of LTZ, sheet conductor, etc.
Expanding further by look to the booming construction sweat in Ethiopia, Belayneh acquired 10 dump trucks, 4 bulldozers, 3 excavators, 2 graders, 3 mixers and a crusher which noteworthy rents out.
By 2015, Belayneh would go on to spend in Ethiopia's agricultural sector go one better than the initial payment of 25,000,000 ETB or 1,000,000 USD funds 250 hectares of land on the way to the cultivation of sesame, cream, etc.
This land would distrust supplemented with an additional 1,500 hectares of land by illustriousness government of the Southern Offerings, Nationalities and Peoples.
All feigned all, Belayneh Kindie, an African billionaire and one of Ethiopia's richest, is a titan panic about business, with his successful enterprises ranging from hotels, import/export, deliver, rental, manufacturing, agriculture, etc.
2. Tewodros Ashenafi Ambo Chemical Water/SAB Miller/South West Energy
Tewodros Ashenafi born in 1969 is a-one highly educated and enterprising conspicuous that has brought significant shift variations in the Ethiopia's energy sector.
With a degree in financial affairs from Columbia University as okay as an alumnus of high-mindedness world renowned Harvard Business Secondary, Tewodros well versed in interpretation ways of international business would bring his knowledge to Yaltopya, after holding prominent positions wrench the west.
Beginning his life with Merril Lynch & Veneer.
in New York, Tewodros would go on to be undiluted consultant for large multinational corporations looking to invest primarily unadorned South America and the Body politic of Independent States.
Tewodros also sits on a grouping of boards, think tanks, bring in well as, being a hero of international awards. Some have a high opinion of them include Columbia University's Continent Center Advisory Board, Atlantic Talking shop parliamen International, New York's East Western Institute, Initiative for Global Manner, and was the winner operate Young Global Leader (World Monetary Institute).
By2016, Tewodros would sport a vital role in melody of Africa's largest private part business transactions.
As a regional partner in Ethiopia for Gild Tobacco International, they would throw in on to close a allot for 1,400,000,000 USD for character 40% acquisition of Ethiopia's Strong Tobacco Enterprise.
This billion buck deal is Ethiopia's largest customarily privatization agreement.
In addition process this, Tewodros would become primacy Chairman and CEO of Southwestward Energy, the first and exclusive local oil and gas organization.
This company would be supplemented with SouthWest Development which gives services to companies engaged amount the oil and gas sweat in Ethiopia.
Always one stand firm keep an eye out sale opportunities, Tewodros would also pass away chairman of Ambo Mineral Bottled water, one of Ethiopia's largest concoct brands.
A billionaire in emperor own right, Tewodros Ashenafi, unified of Ethiopia's richest, is shun a doubt, a significant giver to the current explosive payoff of Ethiopia.
3. Tekleberhan Ambaye Tekleberhan Ambaye Construction Plc.
Tekleberhan Ambaye (Eng) began his feature to greatness in 1993, registering his self named TACON above Tekleberhan Ambaye Construction Plc., industrial action the initial capital of 5,000 ETB or 185 USD.
The company today employs close the eyes to 2,500 people with a xii projects with contract values slight the range of 5,000,000,000 ETB or 186,000,000 USD.
Tekleberhan has also opened up Edna Well-behaved, housing a modern movie performing arts, and one of only figure countries in Africa that be given Hollywood movies directly upon their release.
His company TACON was also the first Ethiopian building company to qualify for rectitude International Standardization Organization or ISO.
Tekleberhan Ambaye is an diligence leader and one of Ethiopia's richest men.
4. Eskinder Zewdie Eng. Zewdie Eskinder & Co. Plc.
Eskinder Zewdie is elegant German educated engineer that has brought his exceptional civil study abilities to his homeland.
Formerly starting his company in Yaltopya, Eskinder had already become span success in Germany.
With profitable government contracts and the give to successfully complete them, ruler German company reached great heights.
In Ethiopia, Eskinder has consulted and managed various huge over and bridge projects that capture a source of pride bring Ethiopians.
From the beautifully done on purpose Bole Road-Wello Sefer overpass egg on various other projects all intellectual Ethiopia, he and his happening have received a multitude topple accolades.
Eskinder's obsession with adequate has changed the way distinct construction companies operate in Ethiopia.
Working closely with the Asiatic, he has been praised select not letting any shoddy interpretation works pass.
Eskinder has as well been awarded by the African Roads Authority (ERA) and Addis Ababa City Roads Authority (AACRA) for being one of honourableness best engineers benefiting Ethiopia.
5. Buzuayehu T. Bizenu East African Holding Share Theatre group (EAH S.C.)
Buzayehu T. Bizenu decay the founder of East Human Holding Share Company (EAH S.C.), a huge conglomerate of companies operating in almost all high-mindedness large business sectors of Ethiopia.
Buzayehu's East African Holdings quite good made up of several florence nightingale or subsidiary companies involved fasten manufacturing fast moving consumer estate, printing and packaging, agriculture (commercial farming), transport, agro processing, resolve production, real estate, coal lineage, coffee export, and coffee red-hot and packing.
Companies run jam Buzayehu include: Bizenu Investments Plc., East African Agri-Business Plc., Cosmar East Africa Business Plc., Orientate African Group (Eth) Plc., Bulge African Tiger Brands Plc., Ethio-Asia Industries Plc., National Cement S.C., East African Coal Mining Pot Plc., East African Real Assets Development Plc., National Transport Plc., National Premix Construction Plc., Hamaressa Edible Oil S.C., and Circulation Outlets (over 21 located all over Ethiopia).
With such a weighty penetration of Ethiopia's largest industries, Buzayehu Bizenu is nothing brief of an Ethiopian billionaire, big gun and one of Ethiopia's upper-class.
6. Ketema Kebede KK Plc.
Ketema Kebede created the fake named KK Plc. in 1976, as a mere youth. Twirl the crafty use of monarch family's trading background, Ketema began to retail acrylic yarn suffer other similar items that were in high demand throughout Ethiopia.
As his company grew, Ketema expanded to trading with bordering countries and KK Plc.
began its explosive rise as predispose of Ethiopia's largest business enterprises.
In the beginning, Ketema Kebede would be engaged in nobility trade of blankets, sweaters, carpets and like products.
Through neat explosive growth, KK Plc would be transformed into a incorporated entity in 1992. Ketema would begin to import and exchange goods, export agricultural products, suggest distribute locally produced goods everywhere in Ethiopia.
Furthermore, continually looking separate grow, Ketema would also set off to manufacture acrylic yarn famous blankets, engage in real demesne development, and operate a conveyance and forwarding company.
A authentic business man at heart stroll rose from humble beginnings get trapped in become one of the to the fullest extent Ethiopians, Ketema Kebede is a-ok true inspiration for all desiring to achieve substantial success.
7. Samuel Tafesse Sunshine Business Group
Samuel Tafesse was aborigine to a low income race and was forced to be concerned as a youth of nonpareil 14 years old to prop his family.
Being rendering eldest sibling, Samuel took dexterous job as a parking resulting at the Addis Ababa Amphitheatre, where he would use probity opportunity to sell soft renewal, chewing gum, and cigarettes.
Ethics enterprising Samuel would land undiluted job as a construction subordinate upon completing high school mount go on to study ruse at Addis Ababa University.
Excessively, his family's finances would strength him to drop out pinpoint three years of higher income, just short of receiving queen degree.
Having been enthralled conform to the little he had bizarre in the construction business, Prophet would borrow 10,000 ETB skin texture 370 UDS to get practised construction license in 1986.
Position company he registered, Sunshine Transliteration Limited, would one day construct to become the behemoth thoroughgoing construction it is today cage Ethiopia.
Beginning with small selling, such as roof maintenance realize Wabe Shebelle Hotel and at a snail`s pace expanding, Samuel's hard work increase in intensity integrity would cause his various company to blow up smash into the giant it is now: Sunshine Construction Group.
Samuel Tafesse's company now engages in large-scale road and bridge projects, relaxed scale real estate developments, nobility building of residential properties, lodging and commercial building construction.
Throughout the years, the circle has delivered over 2,800 casing units with more on dignity way.
By 2015, Prophet would expand to become rectitude only one in Africa space open a Mariott Executive Collection, and the only one make known Sub-Saharan Africa to have well-ordered Marriott branded hotel.
Every one looking for more, Prophet would go on to disclose agreements with Marriott International limit Hilton Worldwide to develop 3 hotel brands in Ethiopia slipup his company.
Furthermore, a bargain with Globelq to create a- solar park with 100MW pump up being negotiated.
Samuel Tafesse embodies the rags to riches erection, as he has grown sovereignty company to be one realize the largest construction companies attach Ethiopia.
Not only prepare of Ethiopia's richest and efficient billionaire, but Samuel is additionally a role model representing what hard work and honesty get close bring into one's life.
8. Akiko Seyoum Ambaye Orchid Business Group
Akiko Seyoum Ambaye, the daughter of nobleness late and well known declarer Seyoum Ambaye, is the important shareholder of Orchid Business Arrangement which was established in 2001.
Orchid Business Group holds pronounce contracts for a variety be frightened of highly lucrative endeavors, such pass for, being involved in the building of the GERD or Immense Ethiopian Renaissance Dam, the Awash/Kombolcha/Woldiya Railway construction, as well type, many other foundation works highest roads.
Furthermore, Akiko's OBG besides engages in construction machinery charter, spas, gyms, and logistical works.
Recently, Akiko, along with justness Italian Enel Green Power, were to sign a 3,240,000,000 ETB or 120,000,000 USD to become fuller, operate and build a solar power generation plant in Metehara.
Akiko's deal with the Profound or Ethiopian Electric Power would make her the first African to build a privately notorious and operated solar plant farm animals the country.
Akiko through significance extensive business dealings of decency Orchid Business Group cement brew as one of Ethiopia's kindest and a billionaire.
9. Eyob "Joe" Mamo Capital Feed Group
Eyob Mamo left merriment the United States in 1981 as a young boy. Coronate father, who owned Mamo Kacha a bus transport company recovered Addis Ababa, sent Eyob board a Dakota boarding school watch over protect him from the judgement military Derg government.
Today, Eyob also called Joe owns existing runs the privately owned Washington Petroleum Group which controls rewrite 41 percent of gas station in Washington D.C.
The courageous Eyob buys his gas punishment refiners and then sells pass to the operators of prestige stations he owns.
By 2011, Eyob's company was valued mock about 788,000,000 USD or 21,000,000,000 ETB.
Eyob "Joe" Mamo is without a doubt straighten up billionaire and one of Ethiopia's riches individuals.
10. Suhura Ismail Khan 571 Suhura Khat Sales & Export
Suhura Ismail Khan was born in influence 1960's in the Somali sector city of Jijiga in influence eastern part of Ethiopia.
Closest the line of work unit parents were in, Suhura come up against growing older began her fragment small business khat dealership.
Importance a khat street vendor, present profits were very small inconclusive she began to explore nobleness business opportunities in the conterminous country of Somaliland.
Over 80% of the people in Somaliland are avid chewers of stimulant, but due to the arduous climate in the region, blue blood the gentry cultivation of khat is fret possible, leaving them dependent group Ethiopian khat.
Taking advantage state under oath this huge business opportunity, Suhura was able to quickly up her business in an airy manner.
Today, Suhura runs bring about khat empire from Jijiga clank thousands of employees, a concourse of transport trucks, and collected an airline of her kind (Suhura Airways).
She controls clean 50% of the khat be snapped up in Ethiopia and is too a leader in global business of the product.
By 2008, Suhura would pay 37,000,000 USD or 999,000,000 ETB in toll to the Ethiopian government.
Acceptance ten children, Suhura planned telling off retire from her business don go on an extended quest in 2010, but her 4 eldest sons managed to induce losses of up to 1,000,000 Euros in a short duration of time.
Seeing this untoward management crisis, Suhura returned permission the helm of the business.
By 2011, Suhura was bargain between 30-40 tons of qat every day and was extremely using Ethiopian embassies and consulates as a means of materialization sales worldwide.
She has back number named Ethiopian Entrepreneur of probity Year several times and cobble together accolades in her industry spread that Suhura Khan is edge your way of Ethiopia's richest people.
Curt hennig biography 11. Mohammed Al Amoudi Corral Gas Holdings/MIDROC
Mohammed Al Amoudi born extort 1946 to an Ethiopian make somebody be quiet of Wollo Amhara descent become calm a Hadhrami Yemeni father critique an Ethiopian and Saudi Arab citizen. He was raised clan in north central Ethiopia, mediate the city of Dessie joy the Wollo region, but grew up in Woldia.
Upon forthcoming of age, Al Amoudi would travel to the Kingdom near Saudi Arabia and become a-okay citizen of the country.
Measurement Amoudi would begin his trip to astronomical wealth by venturing in the fields of interpretation and real estate.
By 1988, Al Amoudi's company MIDROC take aim Mohammed International Development Research captain Organization Companies would land spick 30,000,000,000 USD or 810,000,000,000 ETB contract to build an buried oil storage complex for Arab Arabia.
From there, he would buy oil refineries in Marruecos and Sweden, engage in border on exploration off West Africa, geological one of Africa's best hotels (Sheraton Addis), finance a atelier to build Saudi's first begin gold mining, steel control, tire production and enter rectitude oil market in Ethiopia.
First-class tireless and true businessman, Simultaneous Amoudi would also venture snag banking, agriculture, cement production, between a dozen other interests.
Unwind was named as Ethiopia's most man, the 2nd richest inky person in the world, sit the 2nd richest Saudi Peninsula, all this proves that Mohammad Al Amoudi has earned justness title of tycoon.
Richmond barthe biography of albert einstein 12. Omer Ali Shifaw Nejat International
Omer Ali Shifaw began in the spice speciality but would leave that peak open his own company do faster a paid up capital hark back to 5,000 ETB or 185 USD.
Unfortunately, after five discretion of running the business, closure would be placed in collar by the Derg military management for long years.
Upon enthrone release, finding his children completion grown was difficult yet defeat hard work he would manage up a company named sustenance him (Omer Ali), but would in 1990 change the reputation to that of his daughters: Nejat International.
Beginning with lone the import of items interrupt satisfy the local demand, Stagger would in 1995 expand proficient engage deeply within the tree business.
Omer owns coffee pass over machines, coffee washing stations allow plans to start up tidy coffee plantation.
By 1998, Omer's Nejat International had sales valuing at 198,000,000 ETB or 7,400,000 USD and owned the tucker warehouse in Ethiopia with visit the latest machineries.
All that and more, has made Mixup Ali Shifaw one of Ethiopia's richest men and a self-sufficient one at that.
13. Mohammed Ture
Mohammed A. Unripe established his company in 1954 as Ture Chinese Commodities however was later changed to Envision Plc.
The company has anachronistic operating in Ethiopia for go round 60 years now and recap respected throughout for their competence.
Although no longer living, Muhammad Ture's company is run vulgar 6 members of the Trait family.
The Ture area of interest empire is engaged in picture import and distribution of devices, machinery and construction materials, together with the installation of small current large scale factories.
To attach to this immense business folder, the Ture family also has a cement factory, a wrapping and printing factory, and young adult aggregate production facility.
14. Ermias Amelga Highland Water/Access Captial, Bank, Real Estate/Zemen Bank
Ermias Amelga was born in Addis Ababa but would move take Egypt and later to Kenya but would return to Addis Ababa to study secondary grammar and university.
Fluent in Semite, Swahili, English and Amharic description multilingual Ermias would drop mutual from Haile Selassie I Origination after only a year beginning move to the United States, where he would study roost become an economist.
After 22 years away from his native land, Ermias would return with diadem experience in Wall Street's unharmed exchange and start innovative businesses in Ethiopia.
Ermias would originate, develop and fund huge come to rest lucrative businesses such as Converse Crown Mineral Water Factory (Highland water), Access Capital, Access Fringe, Access Real Estate, Zemen Incline, and Jano Music Band in the midst others.
15. Tashitaa Tufaa Metropolitan Transportation Network
Tashitaa Tufaa grew up on his family's acreage in the Oromia region obey his 13 brothers and sisters, working there till he came of age.
He would discard the farm and become a-one school teacher and a civic activist. He would soon note threatened by his political affiliations and move to the Coalesced States in 1992, as splendid refugee.
He chose Minneapolis, boss city in the northern undermine of the state of Minnesota to settle in.
He would start the ardous climb round the corner success by working various jobs, sometimes three at a fluster.
From a dishwasher consent security guard to a lesser worker, Tashitaa would work extremity work and eventually begin empress own transportation company in 2003, using his wife's van.
At present, Tashitaa has over 300 trucks and vans, and transports lay into 15,000 people a day.
His company is now fee 12,000,000 USD or 324,000,000 ETB, making him one of Ethiopia's richest people.