Thu 17 Dec 2009 05:32 AM
Saleh Al Rajhi

Saleh Al Rajhi

Industry: Banking & Finance

Company: Al Rajhi Bank - Saudi Arabia

Country: Saudi Arabia

Wealth: 2.8 Billion

The 96-year-old co-founder of
Al Rajhi Bank

is one of its major shareholders along with three of his brothers. And it was with younger brother Sulaiman that Saleh first set up a foreign exchange agency used by pilgrims journeying to Islam's Holy Cities of Mecca and Medina. In later years, they were joined by brothers, Abdullah and Mohammed.

Saleh is now president of Al Rajhi Saudi Group, which since its establishment in 1990 has developed a broad range of diversified services covering construction, maintenance, supplies, manufacturing, agriculture, trading and consulting.

Father of a reported 61 children, Saleh is still involved in a range of business activities from real estate to insurance. He also, according to Forbes magazine, owns one of the largest poultry processing plants in Middle East.