Billionaire Profile
Sulaiman Al Muhaidib
Global Rank
#1565

Image: Public domain | via Wikimedia Commons

Sulaiman Al Muhaidib

CEO, Al Muhaidib Group
SA
Real-Time Net Worth
$2.5B
As of December 2025
Age
70
Source
Diversified
Industry
diversified
Citizenship
SA

Biography

Sulaiman Al Muhaidib, a prominent Saudi Arabian businessman, is the Chairman of the Al Muhaidib Group, a diversified conglomerate with a significant presence across various sectors including food and consumer products, industrial and infrastructure, real estate, and financial investments. With an estimated net worth of $2.5 billion, Al Muhaidib's wealth stems from his diversified investments and strategic leadership of the Al Muhaidib Group, which was founded in 1943. His career has been marked by a commitment to sustainable development and community contribution, reflecting his dedication to the Kingdom's Vision 2030. His leadership principles emphasize the importance of trust, long-term vision, and collaboration, which have been instrumental in driving the group's success and influence in Saudi Arabia and beyond.

Wealth Over Time

In-Depth Profile

Early Life

Sulaiman Al Muhaidib was born on February 23, 1955, in Riyadh, Saudi Arabia. He is the eldest son of Abdulkadir Al Muhaidib, the founder of the Al Muhaidib Group. His father started as a food trader in 1943, later expanding into building materials and real estate.

Rise to Success

Sulaiman Al Muhaidib took over the leadership of the Al Muhaidib Group with his brothers Essam and Emad after their father’s death in 1996. Under his leadership, the Group has become a major investment powerhouse with a diversified portfolio. Al Muhaidib Group has investments in various sectors, including food and consumer products, industrial and infrastructure, real estate, and financial investments. The Group has expanded its presence across five core sectors. Sulaiman owns 28% of the company.

Key Business Strategies

Al Muhaidib's business strategy has focused on diversification and strategic investments. The Group has followed a distinguished path since its foundation in the 1940s. Al Muhaidib Group has also focused on sustainable development and innovation, contributing to Saudi Arabia's Vision 2030. The Group operates numerous subsidiaries and partners with leading global and local brands, fostering economic development and value creation.

Philanthropy

Al Muhaidib Group has a charitable investment arm, the Al Muhaidib Social Foundation (AMSF), reflecting the founder's values and commitment to youth development and community respect.

Career Milestones

1976

Joined Al Muhaidib Group

Began his career within the family business.

1997

Chairman of Al Muhaidib Group

Assumed the role of Chairman, leading the company's strategic direction.

2012

Honorary Doctorate

Awarded an honorary doctorate from the University of Tokyo for contributions to the Middle East.

Philanthropy & Social Impact

Community Development

Al Muhaidib Social Foundation

Unknown

The charitable arm of the Al Muhaidib Group, focused on youth development and community support.

Business Philosophy & Leadership

Notable Quotes

""People who don't achieve something for themselves will not achieve something for you.""

Leadership Principles

Trust

Emphasizes the importance of earning trust with every person.

Long-term Vision

Focuses on a long-term perspective, essential for business success.

Collaboration

Highlights the need to work together in the business.