Bloomberg

A Saudi billionaire vanished for 400 days and his global empire boomed

Foto: AP/Nariman El-Mofty)

Some 400 days after Mohammed Al Amoudi went missing, word came Thursday of his whereabouts: In custody in Saudi Arabia and awaiting trial on corruption and bribery charges.

The good news for Al Amoudi, one of the world's richest men, is that during his prolonged absence, much of his global business empire has thrived. Sales at his Sweden-based oil refiner Preem AB have surged more than 30 percent and his Stockholm office properties have risen in value...

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