Middle-east Arab News Opinion | Asharq Al-awsat

Al-Rajhi reveals the mechanism of distributing $25 billion to children | ASHARQ AL-AWSAT English Archive 2005 -2017
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Riyadh, Asharq Al-Awsat – Saudi Arabian billionaire, ranked by Forbes as the 120th richest person in the world, is set to reveal some of the secrets of his success to the Riyadh Chamber of Commerce and Industry, as part of an open forum organized by the Young Entrepreneur Committee to be held on 15/5/2012.

During this eagerly awaited open forum, in which the self-made billionaire will field questions from young entrepreneurs and businessmen, Sheikh Suleiman al-Rajhi is expected to talk about his experiences in business and trade, and his commitment to charitable work.

Sheikh al-Rajhi, who has famously begun to transfer his huge fortune to the next generation, recently selling down his stake in the Al Rajhi Bank from 24.6 percent to 20 percent, will be discussing a number of topics, including the recent changes in the economy. He will also be talking about his experience in the world of finance and commerce, and the numerous charitable foundations he has established. Sheikh al-Rajhi will also be putting forward his new vision with regards to charity work in Saudi Arabia, in the aim of developing this industry.

This is not the first time that Sheikh Suleiman al-Rajhi has volunteered to talk about his experiences in business to the youth, taking part in the 2008 “Model Program” held at the Prince Sultan University. During this lecture, Sheikh al-Rajhi talked about his experiences establishing the Al Rajhi Bank, as well as his experiences in the field of agriculture.

Sheikh al-Rajhi is also set to discuss more personal matters at the Riyadh Chamber of Commerce, including how to juggle a family life and a business life, as well as reveal more about how he intends to distribute his wealth to his children.