In the Muslim world, the Arabs are considered the richest. They spent a lot of amount on buying cars, gold, and ships, investing in the business, and purchasing big market shares. The lavish lifestyle had put the attention of the media towards them.

 Yet Sulaiman bin Abdul Aziz Al Rajhi revealed in an interview that he’s no stranger to poverty, having been penniless on two separate occasions in his life.
 In 1957, Sulaiman bin Abdul Aziz Al Rajhi cofounded Al Rajhi Bank with his three brothers. It grew into one of the world’s largest Islamic banks and earned Al Rajhi a 10-digit net worth.

 The Rajhi family is considered to be Saudi Arabia’s wealthiest non-royals and one of the world’s leading philanthropists, whose wealth was built from scratch.

 As part of his philanthropy, he established the Sulaiman Al Rajhi University, a non-profit university that focuses mainly on health and Islamic banking.

 In 2012, Rajhi received the King Faisal International Prize for dedicating half his fortune to charity as well as starting an Islamic bank that supports charity work and implements effective national projects.

 Apart from that, Rajhi has dedicated his bank shares (worth $3.7 billion, according to Forbes Middle East), his poultry farm, and other assets to a charitable endowment that funds anti-hunger efforts and education in the kingdom.

 $16 billion (60 billion riyals) is the amount of money he has donated throughout his lifetime, he said – an amount that is considered one of the largest endowments made in the Islamic world and which has yet to be matched.