The life story of Sulaiman Al Rajhi is an inspiring one for those who find financial constraints to be a hurdle to achieving their success. Sulaiman Al Rajhi is 94 years old and has experienced zero point financial condition twice in his lifetime. A man who claims that he owns only his dresses and has donated and distributed the bulk of his wealth among his children and charity is listed in the Forbes list of the world’s richest billionaires with a net worth of $6 billion as of march 2013.
In 1957, along with his brother Abdullah, Sulaiman Al Rajhi founded the world’s largest Islamic bank - Al Rajhi Bank. Though banking is the core business of AI Rajhi, his brothers have diversified the family business and have ventured into agriculture, steel and various other industrial sectors. He is also the founder of his flagship charity foundation SAAR which came into controversy in 2002 when FBI raided the organization for the alleged link of some of its members with the terrorist.
Despite many ups and downs in his lifetime Sulaiman Al-Rajhi is one of the richest people in the world and is a world-renowned philanthropist. He was honored with the King Faisal International award in 2012 for donating the bulk of his fortune to charity.