Billionaire Profile
Sulaiman Al Habib
Global Rank
#319

Image: Public domain | via Wikimedia Commons

Sulaiman Al Habib

CEO, Dr. Sulaiman Al Habib Medical Services Group
SA
Real-Time Net Worth
$9.8B
As of December 2025
Age
73
Source
Hospital group
Industry
healthcare
Citizenship
SA

Biography

Sulaiman Al Habib, a prominent Saudi Arabian businessman and physician, is the founder and chairman of the Dr. Sulaiman Al Habib Medical Services Group (HMG). With an estimated net worth of $9.8 billion, Al Habib has built a healthcare empire, starting with a single clinic in 1995. His career as a pediatrician combined with his entrepreneurial skills led to the establishment of HMG, now one of the largest private healthcare providers in the Middle East. Al Habib's achievements extend beyond business, as he actively engages in philanthropic initiatives and technological advancements in healthcare, demonstrating his commitment to societal advancement and patient care.

Wealth Over Time

In-Depth Profile

Early Life

Sulaiman Al Habib was born in Jeddah, Saudi Arabia, in 1953. He pursued his medical degree at King Saud University and later specialized in pediatrics, earning a fellowship from the Royal College of Pediatrics in the UK. Al Habib began his career in pediatric medicine, combining medical expertise with business strategies to create healthcare services that set benchmarks for quality and innovation.

Rise to Success

In 1995, Al Habib founded the Dr. Sulaiman Al Habib Medical Group (HMG), which has expanded to operate hospitals, outpatient clinics, pharmacies, and medical laboratories across Saudi Arabia, the United Arab Emirates, and Bahrain. Under his leadership, HMG has been recognized as the most influential healthcare provider in the Middle East. The group's success is attributed to its state-of-the-art medical facilities, cutting-edge technology, and a patient-centered approach. HMG has introduced innovations such as telemedicine services, robotic surgery, AI-powered diagnostics, and electronic medical records.

Key Business Strategies

Al Habib's key business strategy revolved around providing high-quality, advanced medical care and expanding the reach of HMG through new facilities and services. His focus on technological advancements and patient experience has been crucial. Furthermore, HMG made headlines by investing in digital hospitals and expanding employment opportunities.

Philanthropy

Dr. Sulaiman Al Habib is deeply committed to social responsibility and has contributed to numerous philanthropic initiatives, including healthcare access for underprivileged communities, medical education and research, and disaster relief and humanitarian aid. He is actively involved in community engagement and healthcare development. He is a member of the Board of Trustees of the National Museum.

Career Milestones

1987

Head of Pediatrics

Appointed Head of Pediatrics at the Security Forces Hospital in Riyadh.

1995

Founded HMG

Founded the Dr. Sulaiman Al Habib Medical Group (HMG).

2020

IPO

Took HMG public on the Saudi stock exchange.

Philanthropy & Social Impact

Healthcare

Healthcare Access for Underprivileged Communities

Unknown

Offering free medical care and services.

Education

Medical Education and Research

Unknown

Funding scholarships and research programs to advance medical knowledge.

Humanitarian Aid

Disaster Relief and Humanitarian Aid

Unknown

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-centered care

Prioritizing patient needs and experience in all healthcare services.

Innovation and Technology

Embracing advanced technologies to improve medical accuracy and efficiency.

Expansion and Growth

Continuously expanding the reach of HMG through new facilities and services.