Arab Press

بالشعب و للشعب
Sunday, Nov 23, 2025

Suleiman al-Rajhi: A multi-billionaire with no money

Suleiman al-Rajhi: A multi-billionaire with no money

I feel light! I feel free! I feel like a bird ... and when Allah calls on me, I can answer His call with no strings attached!

A palm grove in the Saudi Arabia in the city of Al-Qassim has more than 200,000 palm trees and is dedicated in the path of Allah. There are 45 varieties of dates in this garden, the annual production is 10,000 tons of dates. This garden is the largest waqf found on earth. The income from this garden is used for building mosques in different countries of the world, for charitable work and arranging Iftar in the two holy mosques (Makkah and Madinah).


This garden has been dedicated in the way of Allah by the richest man of Saudi Arabia “Sulaiman Al Rajhi”.

Rags to riches


Suleiman al-Rajhi opened his eyes in poverty. He was studying in school. One day the school administration organized an entertainment tour and asked each student to give one riyal. He went home but his parents did not have even one riyal. He cried a lot as the date for the tour was approaching. Then comes the result of his quarterly exams, he grabbed first position in his class and a Palestinian teacher gave him 1 riyal as a reward.

He ran to the head of the entertainment program and gave his 1 riyal.

As time goes on, he completed his education and started working. Naming a room in Jeddah as a bank, he started his life as a young entrepreneur with dedication and hard work. Allah blessed his work.

In a short period of time, a network of banks called ‘Al-Rajhi’ spread throughout Saudi Arabia.

Suleiman al-Rajhi goes in search of his Palestinian teacher, meets the teacher, he is retired, the economic situation is such that it is difficult to light the stove in the house, Rajhi puts his Palestinian teacher in the car and tells him, “I owe you.” The teacher goes on to say, what can anybody owe the poor, Rajhi reminds his teacher that years ago you gave me a reward of 1 riyal, the teacher smiles that now you want to return that one riyal to me? Rajhi parks in front of a bungalow in front of which there is also an expensive car.

Rajhi tells his teacher that the bungalow and the car are yours from now on, we will be responsible for all your expenses. There are tears in the eyes of the Palestinian teacher and he says that this magnificent bungalow, this expensive car, this is too much. Rajhi says that my happiness was more than your happiness when you gave me a reward of 1 riyal that day.

Donates all his wealth


Suleiman al-Rajhi called his children, wives and loved ones in 2010 and distributed his wealth among them and dedicated everything that came his way.

At present, the value of Sulaiman Al-Rajhi’s waqf is more than 60 billion riyals.

He owns a Saudi company and Al-Rajhi Bank, which has donated 170 million riyals for the corona virus, and handed over two hotels inside Makkah to the Ministry of Health.

Guinness Book of World Records


The garden is listed in the Guinness Book of World Records as the largest endeavor ever.

Forbes Magazine


Forbes Magazine has named him one of the world’s 20 greatest benefactors. His biography is worth reading.

In addition to founding the world’s largest Islamic bank, he established the largest poultry farm across the entire Middle East, Al-Watania Poultry.

You will probably not find a city in Saudi Arabia where mosques have not been built by the Al-Rajhi family, with full support of da’wah centers, Quranic charitable societies, etc.

And most importantly, they pay their 1.5 million employees before the end of the month.

In an interview he said: “It is important that one leaves enough for his heirs, and great to see them enjoy their shares in peace with each other! However, as important, one should return a part of his fortune to the nation and society. We owe our success to the country that nurtures us, and to the people who trusted us and bought our products.

Besides, you owe yourself as much as you owe your family. Once you leave this life, the only investment that matters is what you saved for your other life.”

“So you gave half your wealth to your family and half to your endowment. What have you kept for your expenses? A house? A farm? A salary?”

“Simply, nothing!” he answered with a beautiful, and calming smile on his face.

“I am in my eighties! What would I possibly need? The endowment pays my bills, provides me with accommodation, food, medical and transportation, which I try to keep at a minimum. I am well covered!”

A multi-billionaire with no money! “How does it feel?”

He smiled again, his eyes misted, and said, “I feel light! I feel free! I feel like a bird … and when Allah calls on me, I can answer His call with no strings attached! What a relief!!

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Saudi Arabia Charts Tech and Nuclear Leap Under Crown Prince’s U.S. Visit
Trump Elevates Saudi Arabia to Major Non-NATO Ally Amid Defense Deal
Trump Elevates Saudi Arabia to Major Non-NATO Ally as MBS Visit Yields Deepened Ties
Iran Appeals to Saudi Arabia to Mediate Restart of U.S. Nuclear Talks
Musk, Barra and Ford Join Trump in Lavish White House Dinner for Saudi Crown Prince
Lawmaker Seeks Declassification of ‘Shocking’ 2019 Call Between Trump and Saudi Crown Prince
US and Saudi Arabia Forge Strategic Defence Pact Featuring F-35 Sale and $1 Trillion Investment Pledge
Saudi Sovereign Wealth Fund Emerges as Key Contender in Warner Bros. Discovery Sale
Trump Secures Sweeping U.S.–Saudi Agreements on Jets, Technology and Massive Investment
Detroit CEOs Join White House Dinner as U.S.–Saudi Auto Deal Accelerates
Netanyahu Secures U.S. Assurance That Israel’s Qualitative Military Edge Will Remain Despite Saudi F-35 Deal
Ronaldo Joins Trump and Saudi Crown Prince’s Gala Amid U.S.–Gulf Tech and Investment Surge
U.S.–Saudi Investment Forum Sees U.S. Corporate Titans and Saudi Royalty Forge Billion-Dollar Ties
Elon Musk’s xAI to Deploy 500-Megawatt Saudi Data Centre with State-backed Partner HUMAIN
U.S. Clears Export of Advanced AI Chips to Saudi Arabia and UAE Amid Strategic Tech Partnership
xAI Selects Saudi Data-Centre as First Customer of Nvidia-Backed Humain Project
President Trump Hosts Saudi Crown Prince Mohammed bin Salman in Washington Amid Strategic Deal Talks
Saudi Crown Prince to Press Trump for Direct U.S. Role in Ending Sudan War
Trump Hosts Saudi Crown Prince: Five Key Takeaways from the White House Meeting
Trump Firmly Defends Saudi Crown Prince Over Khashoggi Murder Amid Washington Visit
Trump Backs Saudi Crown Prince Over Khashoggi Killing Amid White House Visit
Trump Publicly Defends Saudi Crown Prince Over Khashoggi Killing During Washington Visit
President Donald Trump Hosts Saudi Crown Prince Mohammed bin Salman at White House to Seal Major Defence and Investment Deals
Saudi Arabia’s Solar Surge Signals Unlikely Shift in Global Oil Powerhouse
Saudi Crown Prince Receives Letter from Iranian President Ahead of U.S. Visit
Saudi Arabia’s Crown Prince Begins Washington Visit to Cement Long-Term U.S. Alliance
Saudi Crown Prince Meets Trump in Washington to Deepen Defence, AI and Nuclear Ties
Saudi Arabia Accelerates Global Mining Strategy to Build a New Economic Pillar
Crown Prince Mohammed bin Salman Arrives in Washington to Reset U.S.–Saudi Strategic Alliance
Saudi-Israeli Normalisation Deal Looms, But Riyadh Insists on Proceeding After Israeli Elections
Saudis Prioritise US Defence Pact and AI Deals, While Israel Normalisation Takes Back Seat
Saudi Crown Prince’s Washington Visit Aims to Advance Defence, AI and Nuclear Cooperation
Saudi Delegation Strengthens EU–MENA Security Cooperation in Lisbon
Saudi Arabia’s Fossil-Fuel Dominance Powers Global Climate Blockade
Trump Organization Engages Saudi Government-Owned Real-Estate Deal Amid White House Visit
Trump Organization Nears Billion-Dollar Saudi Real Estate Deal Amid White House Diplomacy
Israel Presses U.S. to Tie Saudi F-35 Sale to Formal Normalisation
What We Know Now: Donald Trump’s Financial Ties to Saudi Arabia
Saudi Arabia’s Ambitious Defence Wish List for Washington: From AI Drones to Nuclear Umbrella
Analysis Shows China, Saudi Arabia and UAE among Major Recipients of Climate Finance Loans
Why a Full Saudi–Israel Normalisation Deal Eludes Trump’s Reach
Trump Presses Saudi Arabia to Normalise Ties with Israel as MBS Prepares for White House Visit
US-Saudi Summit Set for November 18 Seeks Defence Pact and Israel Normalisation Momentum
Comcast CEO Brian Roberts Visits Saudi Arabia Amid Potential Bid for Warner Bros. Discovery
Cristiano Ronaldo Embraces Saudi Arabia’s 2034 World Cup Vision with Key Role
Saudi Arabia’s Execution Campaign Escalates as Crown Prince Readies U.S. Visit
Trump Unveils Middle East Reset: Syria Re-engaged, Saudi Ties Amplified
Saudi Arabia to Build Future Cities Designed with Tourists in Mind, Says Tourism Minister
Saudi Arabia Advances Regulated Stablecoin Plans with Global Crypto Exchange Support
Saudi Arabia Maintains Palestinian State Condition Ahead of Possible Israel Ties
×