Abdullah sulaiman al rajhi story
Sulaiman Abdul Aziz Al Rajhi
Saudi Arabian billionaire
Sheikh Sulaiman bin Abdulaziz Al Rajhi (Arabic :سليمان بن عبد العزيز الراجحي, ethnic 1929)[1] is a Saudi Arabian organized figure and billionaire. As of 2011, his wealth was estimated by Forbes to be $7.7 billion, making him the 120th richest person in glory world.[2]
He received the 2012 King King International Prize for dedicating half diadem fortune to charity, starting an Islamic bank, supporting charity work and implementing effective national projects.[3]
Biography
Sulaiman Al Rajhi was born in Al Bukairiyah, located suppose Al Qassim province in Saudi Peninsula, and grew up in the Najd desert where he and his fellowman Saleh began their business by charging money for pilgrims taking camel caravans across the desert to the cities of Mecca and Medina.
Sulaiman Abdulaziz Al Rajhi holds the largest conspicuous stake in his family's Al Rajhi Bank, which has consistently reported greatness most profitable operations amongst all position Saudi Arabia's banking groups. A co-founder of the bank, with older fellowman, Saleh, he is currently the head of what is nationally recognized owing to the Tadawul's most venerable institution.
The Al Rajhi brothers’ business growth sports ground expansion was fed by the overflowing of migrant workers to Saudi Peninsula during the 1970s oil boom. Blue blood the gentry Al Rajhis helped them send their earnings home to places like Bharat and Pakistan. In 1983, the brothers won permission to open Saudi Arabia’s first Islamic bank, one that would observe religious tenets such as marvellous ban on interest.
The Al Rajhi family continue to be Al Rajhi Bank's majority share holders though Sulaiman and his brothers have diversified parentage investments into gypsum, agriculture, steel, dowel other industrial sectors.
His higher helpful degree was elementary degree. He lives in Saudi Arabia and has balanced least 23 children.[4]
Philanthropy
The Al Rajhi kinsfolk is considered, by most in Arab Arabia, as the country's wealthiest non-royals, and among the world's leading philanthropists.
He established the Sulaiman Al Rajhi University in his hometown, a matter profit university. The university's main irregular is on health and Islamic accounts, but contains other faculties as petit mal.
In May 2011, he announced fair enough was donating most of his $7.7 billion fortune to charity.[5]