Saudi Press

Saudi Arabia and the world
Thursday, Nov 13, 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

Saudi Press
0:00
0:00
Close
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
Chinese Steel Exports Surge 41% to Saudi Arabia as Mills Pivot Amid Global Trade Curbs
Saudi Arabia’s Biban Forum 2025 Secures Over US$10 Billion in Deals Amid Global SME Drive
Saudi Arabia Sets Pre-Conditions for Israel Normalisation Ahead of Trump Visit
MrBeast’s ‘Beast Land’ Arrives in Riyadh as Part of Riyadh Season 2025
Cristiano Ronaldo Asserts Saudi Pro League Outperforms Ligue 1 Amid Scoring Feats
AI Researchers Claim Human-Level General Intelligence Is Already Here
Saudi Arabia Pauses Major Stretch of ‘The Line’ Megacity Amid Budget Re-Prioritisation
Saudi Arabia Launches Instant e-Visa Platform for Over 60 Countries
Dick Cheney, Former U.S. Vice President, Dies at 84
Saudi Crown Prince to Visit Trump at White House on November Eighteenth
Trump Predicts Saudi Arabia Will Normalise with Israel Ahead of 18 November Riyadh Visit
Entrepreneurial Momentum in Saudi Arabia Shines at Riyadh Forward 2025 Summit
Saudi Arabia to Host First-Ever International WrestleMania in 2027
Saudi Arabia to Host New ATP Masters Tournament from 2028
Trump Doubts Saudi Demand for Palestinian State Before Israel Normalisation
Viral ‘Sky Stadium’ for Saudi Arabia’s 2034 World Cup Debunked as AI-Generated
Deal Between Saudi Arabia and Israel ‘Virtually Impossible’ This Year, Kingdom Insider Says
Saudi Crown Prince to Visit Washington While Israel Recognition Remains Off-Table
Saudi Arabia Poised to Channel Billions into Syria’s Reconstruction as U.S. Sanctions Linger
Smotrich’s ‘Camels’ Remark Tests Saudi–Israel Normalisation Efforts
Saudi Arabia and Qatar Gain Structural Edge in Asian World Cup Qualification
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
Fincantieri and Saudi Arabia Agree to Build Advanced Maritime Ecosystem in Kingdom
Saudi Arabia’s HUMAIN Accelerates AI Ambitions Through Major Partnerships and Infrastructure Push
IOC and Saudi Arabia End Ambitious 12-Year Esports Games Partnership
CSL Seqirus Signs Saudi Arabia Pact to Provide Cell-Based Flu Vaccines and Build Local Production
Qualcomm and Saudi Arabia’s HUMAIN Team Up to Deploy 200 MW AI Infrastructure
Saudi Arabia’s Economy Expands Five Percent in Third Quarter Amid Oil Output Surge
China’s Vice President Han Zheng Meets Saudi Crown Prince as Trade Concerns Loom
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
US and Qatar Warn EU of Trade and Energy Risks from Tough Climate Regulation
‘No Kings’ Protests Inflate Numbers — But History Shows Nations Collapse Without Strong Executive Power
Ofcom Rules BBC’s Gaza Documentary ‘Materially Misleading’ Over Narrator’s Hamas Ties
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
Yachts, Private Jets, and a Picasso Painting: Exposed as 'One of the Largest Frauds in History'
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
Israel and Hamas Agree to First Phase of Trump-Brokered Gaza Truce, Hostages to Be Freed
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Syria Holds First Elections Since Fall of Assad
×