Saudi Sheikh Donates $16 Billion To Charity And Kicks Himself Out Of Billionaire List During Snapchat Interview

A Saudi Business man, Sheikh Sulaiman al-Rajhi, revealed the value of his personal endowment, believed to be the highest amount in the Islamic world.

Rajhi said during a Snapchat interview with social media celebrity, Mansour al-Reqeiba, that he gave his sons, daughters and their mothers their legitimate share of the $16 billion Islamic endowment for charity.

“This is considered one of the largest endowments for charity in the Islamic world,” Mansour commented.

Rajhi, one of the most famous businessmen in Saudi Arabia, said that he asked his children not to give him treatment outside Saudi Arabia, saying that he is completely confident that the Saudi doctors are as good as others abroad.

Rajhi is a Saudi businessman who is known that he did not inherit wealth or prestige from a long-standing family. However, he is considered as one of the wealthiest men; he made his family name a rival to the names of the rich families in his country and region.

About The Author

Poppy Harlow

Poppy Harlow is an American journalist, best known for her reporting at CNN and Forbes.com. She was an anchor at CNN morning show. She is based in Tampa, Florida.

See author's posts