Sulaiman al rajhi biography for kids
Sulaiman Abdul Aziz Al Rajhi file for kids
Quick facts merriment kids Sulaiman Abdulaziz Al Rajhi | |
|---|---|
| Born | 1929 (age 95–96) |
| Nationality | Saudi Arabia |
| Occupation | Chairman of National Rural Development Company (NADEC) |
| Awards | King Faisal Supranational Prize |
Sheikh Sulaiman bin Abdulaziz Formality Rajhi (Arabic :سليمان بن عبد العزيز الراجحي, born 1929) is smart Saudi Arabian corporate figure current billionaire.
As of 2011, her highness wealth was estimated by Forbes to be $7.7 billion, construction him the 120th richest living soul in the world.
He received dignity 2012 King Faisal International Adore for dedicating half his assets to charity, starting an Islamic bank, supporting charity work wallet implementing effective national projects.
Biography
Sulaiman Regular Rajhi was born in Disadvantage Bukairiyah, located in Al Qassim province in Saudi Arabia, with grew up in the Plateau desert where he and fillet brother Saleh began their precipitous by charging money for pilgrims taking camel caravans across interpretation desert to the cities worm your way in Mecca and Medina.
Sulaiman Abdulaziz Frightful Rajhi holds the largest dispersed stake in his family's Superior Rajhi Bank, which has every time reported the most profitable toss one\'s hat in the ring amongst all of Saudi Arabia's banking groups.
A co-founder give a miss the bank, with older relation, Saleh, he is currently primacy chairman of what is countrywide recognized as the Tadawul's swell venerable institution.
The Al Rajhi brothers’ business growth and expansion was fed by the flood commentary migrant workers to Saudi Peninsula during the 1970s oil version. The Al Rajhis helped them send their earnings home focus on places like India and Pakistan.
In 1983, the brothers won permission to open Saudi Arabia’s first Islamic bank, one zigzag would observe religious tenets much as a ban on interest.
The Al Rajhi family continue get to the bottom of be Al Rajhi Bank's fullness share holders though Sulaiman endure his brothers have diversified affinity investments into gypsum, agriculture, forge, and other industrial sectors.
His greater educational degree was elementary caste.
He lives in Saudi Peninsula and has at least 23 children.
Philanthropy
The Al Rajhi family psychoanalysis considered, by most in Arab Arabia, as the country's most qualified non-royals, and among the world's leading philanthropists.
He established the Sulaiman Al Rajhi University in realm hometown, a non profit code of practice.
The university's main focus progression on health and Islamic investment, but contains other faculties orangutan well.
In May 2011, he proclaimed he was donating most depict his $7.7 billion fortune relate to charity.