Sulaiman Hamad Al Gosaibi
Sulaiman Hamad Al Gosaibi | |
|---|---|
| Born | Al Khobar, Saudi Arabia |
| Died | Error: Need valid birth date (second date): year, month, day Al Khobar, Saudi Arabia |
| Occupation(s) | Entrepreneur, businessman |
| Known for | Chairman of Ahmad Hamad Al Gosaibi & Brothers Group |
Sulaiman Hamad Al Gosaibi () was a prominent Saudi entrepreneur who served as chairman of the board for the Ahmad Hamad Al Gosaibi & Brothers Group, headquartered in Alkhobar, Saudi Arabia, until his passing in February 2009.
Early life
Sulaiman, the youngest child of Hamad Ahmad Al Gosaibi—the founder of the family enterprise—was born in Al Khobar. His siblings included Ahmad and Abdulaziz, and he was also related to Ghazi Al Gosaibi as a cousin.
Career
The family business, originally established by their father in the 1940s with a focus on trade and banking, was inherited by Sulaiman and his brothers. They successfully transformed it into a multifaceted conglomerate that paralleled Saudi Arabia’s economic expansion driven by the oil industry. Up until his death, Sulaiman stood as the last surviving brother and head of what had become one of the kingdom’s most influential merchant dynasties. While he retained the position of largest shareholder, day-to-day operations were chiefly managed by his nephews Yousef Ahmad Al Gosaibi (Group President) and Saud Abdul Aziz Al Gosaibi (Group Managing Director). Additionally, his son Dawood Sulaiman Al Gosaibi played a role in overseeing family investment ventures.
Sulaiman was also known for his commitment to various charitable projects within the Eastern Province.
His brother Abdul Aziz Al Gosaibi, who passed away in 2003, was recognized as a partner with an estimated net worth of $2.9 billion.
Death
Sulaiman Hamad Al Gosaibi died on 23 February 2009 and was laid to rest at Thuqba Cemetery located in Alkhobar.