Abdullah bin Sulaiman Al Rajhi
Source of wealth: Banking
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The scale of their wealth
Health
The price of life
Let's compare Abdullah bin Sulaiman Al Rajhi's fortune with the healthcare spending of a massive country
Abdullah bin Sulaiman Al Rajhi could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.2 years.
But even if we compare their fortune with that of a rich country
On the other end, Abdullah bin Sulaiman Al Rajhi could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Abdullah bin Sulaiman Al Rajhi could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.8 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Abdullah bin Sulaiman Al Rajhi could pay for it entirely for 1.0 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Abdullah bin Sulaiman Al Rajhi could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.4 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Abdullah bin Sulaiman Al Rajhi with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.
Gold
Everyday luxuries
Abdullah bin Sulaiman Al Rajhi's fortune is equivalent to 18 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Abdullah bin Sulaiman Al Rajhi could buy 4,743,471 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Abdullah bin Sulaiman Al Rajhi will almost certainly have enough money left over to pay for the gas.
Biography
Abdullah bin Sulaiman Al Rajhi chairs Al Rahji Bank, which was cofounded in 1957 by his father Sulaiman and uncles Mohammed, Abdullah and Saleh.
For more than 35 years, he has held positions at Al Rajhi Bank, trades on the Saudi stock exchange and is one of the world's largest Islamic banks.
Al Rajhi Bank has $282 billion in assets and reports having more than 20.5 million customers.
Abdullah bin Sulaiman also chairs several other family companies, including Al Rajhi Capital and Al Rajhi Holding Group.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison