Age, Biography and Wiki

Saleh Abdul Aziz Al Rajhi was born on 1921, is a Saudi businessman and philanthropist. Discover Saleh Abdul Aziz Al Rajhi's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 90 years old?

Popular As N/A
Occupation Businessman, investor, philanthropist
Age 90 years old
Zodiac Sign
Born 1921
Birthday 1921
Birthplace N/A
Date of death 12 February, 2011
Died Place N/A
Nationality Saudi

We recommend you to check the complete list of Famous People born on 1921. He is a member of famous Businessman with the age 90 years old group.

Saleh Abdul Aziz Al Rajhi Height, Weight & Measurements

At 90 years old, Saleh Abdul Aziz Al Rajhi height not available right now. We will update Saleh Abdul Aziz Al Rajhi's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Naif Saleh Alrajhi

Saleh Abdul Aziz Al Rajhi Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Saleh Abdul Aziz Al Rajhi worth at the age of 90 years old? Saleh Abdul Aziz Al Rajhi’s income source is mostly from being a successful Businessman. He is from Saudi. We have estimated Saleh Abdul Aziz Al Rajhi's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Businessman

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Timeline

1921

Saleh bin Abdul-Aziz bin Saleh ibn Suleiman ibn Mohammed ibn Suleiman ibn Nasser Al Rajhi was born 1921 in Al-Bukayriyah, Qassim, KSA.

His father, Sheikh Abdul-Aziz Al-Rajhi was a farmer and trader of lesser means.

After his father's move Riyadh to seek better business prospects, Saleh started his education under Sheikh Muhammad Ibn Ibrahim.

He completed the Quran and other studies by the age of 13 years old.

1930

In the early 1930s, Al Rajhi worked odd jobs at the local marketplace to earn money.

Initially, he worked as a porter.

Upon saving some money, Al Rajhi used it as capital to trade scrap items.

He bought and sold keys, locks and haberdashery items, hawking the items in public places, particularly in the busy areas adjacent to the markets and mosques.

1937

In 1937, as Al Rajhi turned 16 years old, he managed to occupy a space among the vendors and set up a (a small trading place on the ground demarcated by a sheet or cloth spread upon which items are placed).

He was first located in Safat, in front of the Grand Mosque in Riyadh.

This involved breaking down Riyals into change – and.

For this he earned a commission of 5%.

As his business grew, he changed his for a chest.

This had kept his money in different denominations safe.

Gradually, his customers started to bring in different currencies for him to change.

Businessmen, pilgrims and travelers would exchange different monies from Indian Rupees to gold.

1947

In 1947, Al Rajhi opened a formal currency shop in Riyadh.

He sent for his brothers, Mohammed and Sulaiman, to be a part of the business.

Sulaiman, who later succeeded his brother as head of the family conglomerate, was a teenager then, hired for a salary of $10 to do exchange delivery and messenger jobs for the shop.

The older Al Rajhi developed the systems and methods by which they recorded, traded and handled the money they received.

1950

Toward the 1950s, Al Rajhi sent his brother Sulaiman to Mecca to conduct the exchange business for pilgrims and business people who had frequented the area.

Sulaiman, with the blessing of his older brother remained in Mecca and further expanded to Jeddah which was growing economically at the time as well.

The brothers conducted their currency business between the three branches for the next 25 years, which marked the beginnings of Al-Rajhi Bank.

1957

In 1957, the brothers formally established the beginnings of Al-Rajhi Bank, with Al Rajhi travelling to other countries in the region to initiate relationships with various banking institutions.

He had also engaged in the first gold trade with Kuwait.

Aside from this, Al Rajhi also established a unique system of drafts and money transfers.

Eventually, he was able to connect to the United States banks through his established reputation in the Middle East.

1960

By the 1960s, the Al Rajhis were banking in most of the major financial sectors across Europe and Asia.

1993

In 1993, Al Rajhi established an agricultural plantation in Buraydah City, Qassim region.

It concentrated on the production of wheat, barley, watermelon, and an assortment of vegetable with an intercropping of date palms over 5,466 hectares of farmland.

1994

In 1994-1996, Al Rajhi started the Durma Project.

With a land area of 760 hectares, specialized tissue palms were planted.

The area had a unique characteristic which included high arability of the soil, availability of natural deep wells and low water tables.

1995

In 1995, upon the instructions of Al Rajhi, the plantation diverted its direction and focused mainly on palm dates, planting 63,000 seedlings of 45 palm date varieties with the goal of reaching 200,000 trees.

This project was supervised by the Ministry of Agriculture which approved of the installation of specialized irrigation systems.

2006

In 2006, the Al Batin Palm Project was recognized by the Guinness Book of World Records (General Information and Standard Achievements) as the largest palm tree project in the world.

2011

Sheikh Saleh Abdul Aziz Al Rajhi (1921 – February 12, 2011) (الشيخ صالح بن عبد العزيز الراجحي) was a Saudi businessman and philanthropist who founded the Al-Rajhi Bank, the largest Islamic banking institution.

The eldest of the Al Rajhi family, he was engaged in other successful industries such as construction, real estate and agriculture.

Aside from being a prominent Saudi businessman, he was also a philanthropist known for significant contributions in the field of agriculture, education and health.

During his later years, Al Rajhi established instructions for the establishment of a foundation to manage continuous endowments towards the charities which he had constantly supported in life.