He has dedicated much of his fortune to charity, starting an Islamic bank, supporting charity work and implementing effective national projects.

The Al Rajhi family continues to be Al Rajhi Bank’s majority shareholders though Sulaiman and his brothers have diversified family investments into gypsum, agriculture, steel, and other industrial sectors.

Sheikh Sulaiman established the Sulaiman Al Rajhi University in his hometown, a non-profit university. The university’s main focus is on health and Islamic banking, but contains other faculties as well.

However, Sheikh Sulaiman has retained other assets worth more than $1 billion, including Al Watania Poultry, one of the biggest poultry farms in the Gulf.