Sulaiman Al Habib

Source of wealth: Hospital group

74 years male Healthcare 🇸🇦 SA

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Sulaiman Al Habib's fortune with the healthcare spending of a massive country

Sulaiman Al Habib could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 4.4 years.

But even if we compare their fortune with that of a rich country

On the other end, Sulaiman Al Habib could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.9 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Sulaiman Al Habib could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.9 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 Sulaiman Al Habib could pay for it entirely for 3.9 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Sulaiman Al Habib could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 16.4 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Sulaiman Al Habib 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 0.4 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Sulaiman Al Habib's fortune is equivalent to 67 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.

Sulaiman Al Habib could buy 17,858,131 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 3 trucks to transport them. Although Sulaiman Al Habib will almost certainly have enough money left over to pay for the gas.

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Biography

Sulaiman Al Habib is the founder and chairman of Riyadh-based hospital group Dr. Sulaiman Al Habib Medical Services Group, known as HMG.

Al Habib, a trained pediatrician, founded the group in 1995 and took it public on the Saudi stock exchange in 2020; he owns a 40% stake.

The group owns and runs hospitals and medical clinics in several cities in Saudi Arabia as well as in Dubai and Bahrain; it also operates a chain of pharmacies.

In addition to traditional hospitals, the group has centers specialized in fertility, dermatology, plastic surgery, obesity treatment and more.

In the late 1980s, Al Habib served as the head of the pediatrics department at the Security Forces Hospital in Riyadh.