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A Billionaire Vanished for 400 Days and His Empire Boomed

  • Mohammed Al Amoudi held in Saudi Arabia on corruption charges
  • His fortune has risen to $8.3 billion as businesses flourish
The Ritz-Carlton hotel in Riyadh.
The Ritz-Carlton hotel in Riyadh.

Photographer: Giuseppe Cacace/AFP via Getty Images

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More than a year ago, he vanished into the Ritz-Carlton in Riyadh, along with dozens of Saudi princes and businessmen.

Before long, rumors swirled: Was the billionaire Mohammed Al Amoudi even alive?