Sulaiman Abdul Kader Al-Muhaidib was ranked as Marcopolis' #9 most powerful businessman in Saudi Arabia.
Sulaiman Abdul Kader Al-Muhaidib is a Saudi Arabian business mogul, and Marcopolis’ 9th most powerful figure in the Kingdom. Sulaiman is Chairman and owner of A.K. Al-Muhaidib & Sons Group of Companies, as well as Chairman of Savola Group Co. since 2013.
Furthermore, the entrepreneur is also Chairman of Al Oula, which is a partner of Emaar Properties, as well as a member of the Board of Directors in the Saudi Arabian British Bank (SABB).
As if the previous companies weren’t impressive enough, Sulaiman also serves as Chairman of Injaz Projects, and is on the Board of Directors at several other companies, including Swicorp Jossor, Communication Solution Co., Middle East Paper Company (MEPCO), Al-Shamiyah Urban Development, Riyadh Cables Group, Yamamah Steel Co., and the list just seems to go on.
It’s not all business for Sulaiman. He is also known for his charitable endeavors, and is an active member of different organizations that strive to make Saudi Arabia a better place for all. Sulaiman serves as a Board Member of Riyadh’s disabled children association. Moreover, he is involved in Prince Salman’s center for disability research and Prince Fahad Bin Salman’s charity association for renal failure patient’s care. Sulaiman is known to take his corporate social responsibility seriously.
In 2009, Sulaiman made the Saudi Rich List at #14, with an estimated net worth of 3.4 billion dollars. Since his father founded the company in 1946, it has diversified quite a bit. The company today has over 200 companies and investments in its portfolio. It is involved in several sectors across the market, including food, retail, industrial, construction, real estate, financial services, contracting, and more.
Under the leadership of Sulaiman, the group has become one of the most diversified conglomerates in Saudi Arabia, and the region.