Sulaiman Abdul Aziz Al Rajhi

Sulaiman Abdul Aziz Al Rajhi

Sulaiman Abdul Aziz Al Rajhi (born in 1920) holds the largest individual stake in his family's Al Rajhi Bank, which has consistently reported the most profitable operations amongst all of Saudi Arabia's banking groups. A co-founder of the bank, with older brother, Saleh, he is currently the chairman of what is nationally recognized as the Tadawul's most venerable institution. The Al Rajhi family continue to be Al Rajhi Bank's majority share holders though Sulaiman and his brothers have diversified family investments into gypsum, agriculture, steel, and other industrial sectors.

He received his Bachelor's degree from King Abdulaziz University. He lives in Saudi Arabia and has fathered 31 children.

Philanthropy

The Al Rajhi family is considered, by most in Saudi Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists. His flagship SAAR Foundation (fronting a network of charities, think tanks, and supporting business entities) achieved prominence as the key subject of a March 20, 2002 raid by federal agents, as a part of Operation Green Quest.

See also

* Saleh Abdul Aziz Al Rajhi
* Abdullah Abdul Aziz Al Rajhi
* Mohammed Abdul Aziz Al Rajhi
* SAAR Foundation

References

* [http://www.forbes.com/finance/lists/10/2004/LIR.jhtml?passListId=10&passYear=2004&passListType=Person&uniqueId=OH45&datatype=Person Forbes.com: Forbes World's Richest People]


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