Billionaire Profile
Sulaiman Al Habib
Global Rank
#306

Image: Sammar.shawki | CC BY-SA 3.0 | via Wikimedia Commons

Sulaiman Al Habib

CEO, Hospital group
SAUDI ARABIA
Real-Time Net Worth
$10.439B
Estimated based on Hospital group stock value as of March 6, 2026
-0.21% (24h)
Age
74
Source
Hospital group
Industry
Healthcare
Citizenship
SAUDI ARABIA

Biography

Dr. Sulaiman Al Habib is a highly successful Saudi Arabian entrepreneur and physician, primarily known for founding and leading the Dr. Sulaiman Al Habib Medical Services Group (HMG). Born in Jeddah on March 17, 1953, he is a key figure in the healthcare industry across the Middle East. Dr. Al Habib's journey is marked by a commitment to patient care, medical excellence, and technological innovation. His career began in pediatric medicine. His net worth is estimated to be $11.3 Billion USD. He has transformed healthcare in the region, establishing a network of hospitals, clinics, and pharmacies that set new standards for quality and accessibility. Dr. Al Habib took his company public on the Saudi stock exchange in 2020, and is currently ranked #264 globally and #2 in Saudi Arabia in the billionaires list.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Sulaiman Al Habib was born on March 17, 1953, in Jeddah, Saudi Arabia. He spent his formative years in Madinah and pursued his medical education at King Saud University, where he earned a medical degree. He later specialized in pediatrics and earned a Fellowship from the Royal College of Pediatrics in 1984.

Rise to Success

Dr. Al Habib's career took a significant turn in 1995 when he founded the Dr. Sulaiman Al Habib Medical Group (HMG). Starting as a medical complex in Riyadh, HMG expanded rapidly, driven by a focus on providing advanced and accessible healthcare. He served as head of the pediatrics department at the Security Forces Hospital in Riyadh in the late 1980s and was a consultant for the Ministry of Health in Saudi Arabia.

Key Business Strategies

HMG's success is attributed to several key strategies: a commitment to patient-centric care, integrating the latest medical technologies, and expanding its network across Saudi Arabia, the UAE, and Bahrain. The group has invested heavily in specialized medical care, advanced diagnostics, and telemedicine. The company went public in 2020.

Philanthropy

Dr. Al Habib is involved in philanthropy, supporting initiatives that provide healthcare access to underprivileged communities, medical education, research and humanitarian aid. He is a member of the Board of Trustees of the National Museum.

Career Milestones

1984

Fellowship in Pediatrics

Earned Fellowship from the Royal College of Pediatrics in London.

1995

Founded Dr. Sulaiman Al Habib Medical Group (HMG)

Established the group, which has grown into a major healthcare provider in the Middle East.

2020

HMG Public Listing

Took Dr. Sulaiman Al Habib Medical Services Group public on the Saudi stock exchange (Tadawul).

Philanthropy & Social Impact

Healthcare

Healthcare Access for Underprivileged Communities

Undisclosed

Offering free medical care and services.

Education

Medical Education and Research

Undisclosed

Funding scholarships and research programs to advance medical knowledge.

Humanitarian Aid

Disaster Relief and Humanitarian Aid

Undisclosed

Supporting communities in crisis with medical aid and resources.

Business Philosophy & Leadership

Notable Quotes

"“We started working continuously from 1995 onward, initially only running Al Olaya Medical Complex clinics. Since then, continuous expansions have followed, always aiming for medical excellence and comprehensive patient care.”"

Leadership Principles

Patient-Centric Care

Prioritizing patient well-being and experience.

Medical Excellence

Committing to high standards of medical care and innovation.

Innovation

Integrating cutting-edge technologies like AI and robotics.

Accessibility

Expanding access to healthcare services.