LeaderPortfolio
Habib
Sulaiman Al Habib
Rank #310
SAUDI ARABIAHealthcareHospital group

Sulaiman Al Habib

Net Worth
$10.626B
0% (24h)
Sulaiman Al Habib is a prominent Saudi Arabian businessman and physician, best known as the founder and chairman of the Dr. Sulaiman Al Habib Medical Services Group (HMG). Born in 1953, he is a trained pediatrician. His career began in pediatric medicine, later serving as the head of the pediatrics department at the Security Forces Hospital in Riyadh. Al Habib founded HMG in 1995, transforming it into one of the largest private healthcare providers in the Middle East. As of March 2026, his net worth is estimated at $10.1 billion, making him one of the wealthiest individuals in the region. His wealth stems primarily from his hospital group, and he holds a significant stake in the publicly traded company.

The Full Dossier

Early Life and Education

Sulaiman Al Habib was born in Jeddah, Saudi Arabia, on March 17, 1953. He received his medical degree from King Saud University in 1977. Later, he pursued advanced studies and earned a fellowship from the Royal College of Pediatrics in the UK in 1984.

Career and Rise to Success

Before establishing his own medical group, Al Habib served as the Head of the Pediatrics Department at the Security Forces Hospital in Riyadh from 1988 to 1991. He also worked as a consultant for the Saudi Ministry of Health from 1985 to 1989. In 1995, Al Habib founded Dr. Sulaiman Al Habib Medical Services Group (HMG), which has become one of the leading private healthcare providers in the Middle East. The group operates hospitals, medical complexes, and pharmacies across Saudi Arabia, the UAE, and Bahrain. HMG went public in 2020 on the Saudi stock exchange, and Al Habib currently holds a significant stake.

Key Business Strategies

Al Habib's business strategy has focused on providing high-quality, patient-centric healthcare services and integrating advanced medical technologies. HMG has expanded its facilities and services, including specialized centers for fertility, dermatology, and plastic surgery. This expansion has been supported by significant investments and strategic partnerships.

Philanthropy

Dr. Al Habib is a member of the Board of Trustees of the National Museum.

Career Timeline

2020

IPO

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

1995

Founded HMG

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

1988-1991

Head of Pediatrics

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

1984

Fellowship

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

1977

Medical Degree

Graduated with a medical degree from King Saud University.

Philanthropic Impact

CulturalUndisclosed

Member of the Board of Trustees

Member of the Board of Trustees of the National Museum.

Wealth Trajectory