Sulaiman Bin Abdul Aziz Al Rajhi, the 95-year-old co-founder of Al Rajhi Bank, has significantly reduced his billionaire status by donating the majority of his wealth to charitable causes.
Al Rajhi, once one of the wealthiest individuals in Saudi Arabia, now has a net worth of $590 million after giving nearly half of his wealth to his children and the other half, approximately $16 billion, to various charitable organizations.
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His philanthropic efforts have been widely recognized, and this monumental donation underscores his commitment to supporting humanitarian causes and improving lives around the world.
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