Forbes used stock prices from September 3, 2021 to calculate net worths for the list. It will have the capacity to produce 12,000 tons of cement daily. Worku Aytenew is also a pace-setter in the fight against the Tigrayan Peoples Liberation Front (TPLF) supporting the Ethiopian government of Prime Minister Abiy Ahmed. An example of data being processed may be a unique identifier stored in a cookie. FORTUNE may receive compensation for some links to products and services on this website. This diaspora community is estimated to be around 3 million strong, with by Sophonias Woldu | Mar 18, 2023 | Business, Entertainment. Industrial Audible Oil Complex in 2016. Owing to this, Worku gained more popularity and fame in his country.var cid='6693868498';var pid='ca-pub-4442296776032485';var slotId='div-gpt-ad-typicalethiopian_com-box-3-0';var ffid=1;var alS=1002%1000;var container=document.getElementById(slotId);var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.style.maxHeight=container.style.minHeight+'px';container.style.maxWidth=container.style.minWidth+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); Worku Aytenew was born in Debrework, Gojam Province, Ethiopia. Required fields are marked *. Total Return to Investors (5 year, annualized), Total Return to Investors (10 year, annualized). We have already finalized preparations to complete the construction in the next two years, said Kassim Siraj, project manager of the plant, which will be called W.A Cement Factory. Our media house, Fana Broadcasting Corporate, commenced service in 1994 with outdated equipment and limited manpower, but with the first of its kind and new style in the countrys broadcast media industry. We and our partners use cookies to Store and/or access information on a device. He, with his family, founded Wudassie Diagnostic Center (WDC) in 2008. 617 subscribers. This is a BETA experience. He was ranked among the wealthiest men in Ethiopia by Forbes in 2017. Worku Aytenew is an Ethiopian millionaire and business mogul who owns many huge companies in different parts of Ethiopia. Worku Aytenew is also a pace-setter in the fight against the Tigrayan People's Liberation Front (TPLF) supporting the Ethiopian government of Prime Minister Abiy Ahmed. Required fields are marked *. As a developing African nation by Sophonias Woldu | Mar 20, 2023 | Business. Worku Aytenew is on Facebook. Terms & Conditions. I am impressed with Workruits features which has made talent search so easy. Getting and staying in touch with a possible candidate has never been this simple. Find the best jobs at your fingertips. The new aviation company under establishment is dubbed Gold Star Aviation. Sources: Bloomberg; S&P Global. Tweets & replies. Worku Aytenew is an Ethiopian millionaire and business mogul who owns many huge companies in different parts of Ethiopia. He financially supports and motivates the army. Worku is an energetic and hardworking man who has good business insight. With so many job portals available online, I found Workruit as the only online hiring platform with such an easy recruitment process. 2023 Fortune Media IP Limited. View in Telegram. Save my name, email, and website in this browser for the next time I comment. If you have Telegram, you can view and join Worku Aytenew . All you have to do is swipe right to match. He was one of the businessmen who supplies palm oil to the local market at a regulated price point with the objective of attaining corporate social responsibility . Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. The company has helped 500 hundred farmers to help themselves by providing raw materials for the company. @alelign_amanuel. In addition to being a prolific writer, Sophonias is also a public speaker and tech enthusiast who believes in harnessing technology to improve the lives of Ethiopians. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. However, their actual capacity is only 6.3 million tons, which is an outcome of an aging machinery and lack of maintenance, among others. Your email address will not be published. The information included in this article is collected from different websites and interviews.var cid='6693868498';var pid='ca-pub-4442296776032485';var slotId='div-gpt-ad-typicalethiopian_com-box-3-0';var ffid=1;var alS=1002%1000;var container=document.getElementById(slotId);var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;ins.dataset.adChannel=cid;ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.style.maxHeight=container.style.minHeight+'px';container.style.maxWidth=container.style.minWidth+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); When thinking about the richest people in Ethiopia, the name Ali Al Amoudi will always come up in the minds of almost all Ethiopians. It is to be recalled that Ethiopia inaugurated a 4.5 Billion Birr Edible Oil Giant in Bure town, Amhara region on April, 2021. Workruit helps you match with qualified professionals, instantly. Here's the net worth each generation says you need to be considered wealthy in 2021: Millennials (ages 24 to 39): $1.4 million. While he was at Columbia University, he studied under the guidance of a Nobel Prize winner in Economics, Professor Edmund Phelps. The app only shows you those profiles that are relevant to your requirement. Our media house, Fana Broadcasting Corporate, commenced service in 1994 with outdated equipment and limited manpower, but with the first of its kind and new style in the countrys broadcast media industry. The company managed to import and distribute ETB 5 billion (USD 200 million) worth of palm oil through its trading business. " " We and our partners use cookies to Store and/or access information on a device. More importantly, his name is best known for supplying palm oil to the local market at a regulated price point to attain corporate social responsibility to support the lower of the pyramid consumer base. Workruit makes it possible for you to connect with possible candidates with its in-app messenger. Deputy Prime Minister Demeke Mekonnen, Presidents of Amhara, Ormoia and Sidama Regional States Agegnehu Teshager, Shemelis Abdissa and Desta Ledamo, among others have accompanied the Prime Minister at the inaugural ceremony. Worku is the latest to join the lucrative cement market, with renowned tycoons, Buzuayehu T. Bizenu, owner of National Cement, and Al Amoudi, major shareholder of Derba Cement, staying in the business for over a decade. *****. Kebede is the founder of KK PLC, an Ethiopian company that manufactures blankets primarily to export across Africa and North America. Just six days into the new year, Elon Musk became the world's richest person in 2021 His personal fortune is $188 billion, up 548% from one year ago Tesla shares are up 1,030% since the market bottom in 2020 Elon Musk's rocketing net worth may be the fastest accumulation of wealth in history Elon Musk is the World's Richest Person in 2021 Sophonias Woldu is an Ethiopian author with an outstanding skill for crafting unique and captivating articles that explore different aspects of life. Furthermore, in 2015, Worku established Worku Import, Export & Trading PLC. The salary calculator converts your salary to equivalent pay frequencies, including hourly, daily, weekly, bi-weekly, monthly, semi-monthly, quarterly and yearly. Ambo Mineral Water is a big brand in Ethiopias beverage sector and is a subsidiary of Coca-Cola Beverages Africa. By utilizing HR-approved Resume Templates, jobseekers can now build a professional curriculum vitae in minutes. Photo credit: ASMARE/AFP/Getty Images, Brazil Bounces Back With A Slew Of New Billionaires, Fortune Magazine's New Owner Is Member Of Thailand's Richest Family, Southeast Asia's Richest Woman Signs $6.5 Billion Deal For 50 Airbus Jets, The Indonesian Tycoons Behind Lion Air, Whose Plane Crashed Off Jakarta on Monday, How This Video Gaming Billionaire Invests His More Than $2 Billion, LinkedIn Cofounder Reid Hoffman On His Billion-Dollar Impact Investing Bet, Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion, The $4 Billion Crypto Billionaire Who No One Has Heard Of. Save my name, email, and website in this browser for the next time I comment. Currently, Sophonias writes articles for www.typicalethiopian.com on a part-time basis. The factory is an oilseed crushing and crude oil refining factory that produces sunflower oil, soybean oil, sesame seed oil, and palm oil. Worku Aytenew also extended support of 200 quintals of wheat flour to the military and Amhara Region Special Force. 1,601 talking about this. Required fields are marked *. With an investment close to ETB 3.5 billion he has built many residential and commercial buildings in Addis Ababa and Amhara region. Furthermore, he has contributed money when churches are burned to the ground in Gojam, Amhara region.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'typicalethiopian_com-medrectangle-4','ezslot_8',610,'0','0'])};__ez_fad_position('div-gpt-ad-typicalethiopian_com-medrectangle-4-0'); by Sophonias Woldu | Apr 4, 2023 | Business. 153 Following. Representative of Worku Aytenew and Belayneh Kinde, Sisay Taddesse and Asmamaw Alene handed over the cattle to the regional logistics support mobilization committee at Gondar City. Worku's company managed to import and distribute ETB 5 billion (USD 200 million) worth of palm oil through its trading business. Mulatu Teshome speaks after being sworn in as Ethiopia's new president in Addis Ababa on October 7, [+] 2013. Before embarking on a writing career, he had already begun a successful career in the electromechanical engineering field, having earned his degree from Addis Ababa Science and Technology University. Basic Info. This is a great place to exchange information that goes beyond resumes, and job requirements. Addis Ababa, November 11, 2020 (FBC) - Two businessmen namely Worku Aytenew and Belayneh Kinde have donated 150 oxen for the National Defense Forces and Amhara Region Special Force in support of law enforcement measures being taken by the government. Delegates from 4 African countries visit wheat cluster farming in East Shoa Zone, Trkiye Deputy FM to pay a 4-day working visit to Ethiopia, Delegations from 4 African countries in Ethiopia for study tour, Ethiopia becomes member of Intl Association of Young Entrepreneurs Consortium. When the Tigrayan rebels advanced, Worku even headed to thewar frontto motivate soldiers battling the rebels. The Businessmen, via their representatives, pledged continued support till the government accomplishes law enforcement measures it has been carrying out against the TPLF rebel group. Origins Business wishes all Ethiopian Christians a very joyful Gena! On top of that, Worku, 2020, launched a mining project. Preview channel. Along with his success in business, Tewodros has a degree in Economics from Columbia University and is an alumnus of the Harvard Business School. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. On this page is a net worth percentile by age calculator for the United States. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Tewodros Ashenafi is a prominent Ethiopian businessman who has established one of the few multi-million and billion dollar empires in Ethiopia. ), Minister of Mines said that the government has deployed security forces as some cement factories forced to cease production due to lack of stability in their production areas.

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