BillionaireNet
Habib
Sulaiman Al Habib
Rank #310
SAUDI ARABIAHealthcareHospital group

Sulaiman Al Habib

Net Worth
$10.116B
+0.3% (24h)
Dr. Sulaiman Al Habib is a prominent Saudi Arabian entrepreneur and physician, renowned for founding the Dr. Sulaiman Al Habib Medical Services Group (HMG). Born in Jeddah on March 17, 1953, he has significantly impacted the healthcare sector in the Middle East. His wealth stems from his successful hospital group, which he established in 1995. Dr. Al Habib, a graduate of King Saud University with a medical degree and a fellowship from the Royal College of Pediatrics, has built a healthcare empire with a net worth of $10.1 billion, ranking him among the world's wealthiest individuals. His career began in pediatrics, and his achievements include establishing one of the largest private healthcare networks in the region, encompassing hospitals, clinics, and pharmacies across Saudi Arabia, the UAE, and Bahrain. His vision extends beyond business, as he actively participates in philanthropy and promotes technological advancements in healthcare.

The Full Dossier

Early Life and Education

Sulaiman Al Habib was born in Jeddah, Saudi Arabia, on March 17, 1953. He received his early education in Madinah before pursuing medical studies at King Saud University, where he earned a bachelor's degree in Medicine. He further specialized in pediatrics, earning a fellowship from the Royal College of Pediatrics in 1984, along with a diploma in Child Health.

Rise to Success

Dr. Al Habib began his career in pediatric medicine before establishing the Dr. Sulaiman Al Habib Medical Group (HMG) in 1995. Under his leadership, HMG has grown into one of the largest private healthcare providers in the Middle East, with numerous hospitals, clinics, and pharmacies across Saudi Arabia, the UAE, and Bahrain. The group went public on the Saudi stock exchange in 2020.

Key Business Strategies

Key strategies include a focus on comprehensive healthcare services, including specialized medical care, advanced diagnostics, and pharmaceutical services. Dr. Al Habib has also been a strong advocate for integrating technology into healthcare, adopting AI, robotics, and automated systems. The group has expanded its presence significantly, with facilities across multiple countries.

Philanthropy

Dr. Al Habib is actively involved in social and charitable activities, supporting various philanthropic initiatives, including healthcare access for underprivileged communities and medical education. He has also been involved in disaster relief and humanitarian aid efforts.

Career Timeline

2020

HMG IPO

The Dr. Sulaiman Al Habib Medical Group went public on the Saudi stock exchange.

1995

Founded Dr. Sulaiman Al Habib Medical Group (HMG)

Established HMG, which has grown to be a leading healthcare provider in the Middle East.

1987

Head of Pediatrics

Served as the Head of Pediatrics at the Security Forces Hospital in Riyadh.

1984

Fellowship in Pediatrics

Earned a fellowship from the Royal College of Pediatrics in the UK.

Philanthropic Impact

HealthcareUnknown

Healthcare Access

Offering free medical care and services to underprivileged communities.

Education and ResearchUnknown

Medical Education and Research

Funding scholarships and research programs.

Humanitarian AidUnknown

Disaster Relief and Humanitarian Aid

Supporting communities in crisis with medical aid and resources.

Community SupportUnknown

Riyadh Season Sponsorship

Platinum Medical Sponsor of Riyadh Season.

Wealth Trajectory