In an extensive and exclusive 2013 interview with Forbes, Mohammed Hussein Al Amoudi revealed his philanthropy strategy which is setting the standard in the Middle East and Africa. He outlined his focus on Saudi Arabia and Ethiopia but also his commitment to CSR in his major privately held corporations as well as a general concentration on education and healthcare projects. He has an additional interest in sport as a vehicle to encourage cultural cohesion.
Mr Al Amoudi also made it clear that he was personally and intimately involved in decision-making about philanthropy and that he adopted a business-like approach to his charitable giving. He emphasized his commitment to making philanthropic projects more socially useful by encouraging their educational component, from investment in specialist healthcare academic appointments in Saudi Arabia through to helping local farmers in Ethiopia become self-sustaining.
The entire philanthropic commitment is based on leading by example so that others will follow through with commitments of their own and he has no difficulties with long time horizons on his projects, whether in business or in philanthropy. He is also committed to monitoring the projects as they unfold to ensure that they meet whatever targets have been set.
Read the full interview.