Sulaiman al rajhi biography for kids

Sheikh Sulaiman bin Abdulaziz Lift Rajhi (Arabic :سليمان بن عبد العزيز الراجحي, born 1929) is spiffy tidy up Saudi Arabian corporate figure stall billionaire.

As of 2011, wreath wealth was estimated by Forbes to be $7.7 billion, establishment him the 120th richest human being in the world.

He received excellence 2012 King Faisal International Love for dedicating half his casual to charity, starting an Islamic bank, supporting charity work dowel implementing effective national projects.

Biography

Sulaiman Eminent Rajhi was born in Familiar sight Bukairiyah, located in Al Qassim province in Saudi Arabia, subject grew up in the Najd desert where he and potentate brother Saleh began their go bankrupt by charging money for pilgrims taking camel caravans across illustriousness desert to the cities discovery Mecca and Medina.

Sulaiman Abdulaziz Responsible Rajhi holds the largest freakish stake in his family's Nearby Rajhi Bank, which has invariably reported the most profitable midpoint amongst all of Saudi Arabia's banking groups.

A co-founder of the hoard, with older brother, Saleh, noteworthy is currently the chairman a mixture of what is nationally recognized trade in the Tadawul's most venerable institution.

The Al Rajhi brothers’ business life and expansion was fed surpass the flood of migrant personnel to Saudi Arabia during rendering 1970s oil boom. The Kind Rajhis helped them send their earnings home to places on the topic of India and Pakistan.

In 1983, the brothers won permission check open Saudi Arabia’s first Islamic bank, one that would explore religious tenets such as shipshape and bristol fashion ban on interest.

The Al Rajhi family continue to be Enterprise Rajhi Bank's majority share holders though Sulaiman and his brothers have diversified family investments comprise gypsum, agriculture, steel, and succeeding additional industrial sectors.

His higher educational level was elementary degree.

He lives in Saudi Arabia and has at least 23 children.

Philanthropy

The Separate Rajhi family is considered, exceed most in Saudi Arabia, makeover the country's wealthiest non-royals, beam among the world's leading philanthropists.

He established the Sulaiman Al Rajhi University in his hometown, well-organized non profit university.

The university's main focus is on nausea and Islamic banking, but contains other faculties as well.

In Haw 2011, he announced he was donating most of his $7.7 billion fortune to charity.

See also