28/05/2023
A Saudi Arabian Richest man donated all his wealth “$16 Billion” in charity and kicked himself out of the billionaires club.
The Rajhi family is regarded as Saudi Arabia’s wealthiest non-royals and one of the world’s greatest philanthropists, having created their fortune from the ground up. Sulaiman bin Abdul Aziz Al Rajhi said in an interview that he had been impoverished twice in his life.
Sulaiman Al Rajhi began working as a porter at Riyadh’s Al Khadra market at the age of nine, carrying clients’ shopping bags. He began picking palm dates at the age of 12 for a monthly pay of no more than six Saudi Riyals. He used to sleep on gravel at the same worksite, wearing his work clothes.
Sulaiman bin Abdul Aziz Al Rajhi and his three brothers created Al Rajhi Bank in 1957. It expanded to become one of the world’s largest Islamic banks, earning Al Rajhi a fortune in the tens of millions of dollars.
