Sulaiman Hamad Al Gosaibi was a Saudi businessman. He was the chairman of the board of the

Ahmad Hamad Al Gosaibi & Brothers Ahmad Hamad Al Gosaibi & Brothers (A. H. Al Gosaibi & Bros. or AHAB or Al Gosaibi Group) is a family owned Saudi business group, formed by Hamad Ahmad Al Gosaibi in the late 1940s. It was originally a trading company offering money exchange service ...

Group of Companies based in

Alkhobar Khobar ( ar, ٱلْخُبَر, translit=al-Khobar) is a city and List of governorates of Saudi Arabia, governorate in the Eastern Province, Saudi Arabia, Eastern Province of the Saudi Arabia, Kingdom of Saudi Arabia, situated on the coast of the Pe ...

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

until his death in February 2009.

Early life

Sulaiman was born in Al Khobar, the youngest son of Hamad Ahmad Al Gosaibi, the founder of the family business. His brothers were Ahmad and Abdulaziz. He was a cousin of Ghazi Al Gosaibi

Career

Inheriting a small but growing trading company from their father, who started the business in the 1940s, initially in the trade and banking sectors, Sulaiman was the youngest of three brothers who built a diversified business group with interests across the commercial spectrum, keeping pace with the Kingdom's petroleum fueled growth. Sulaiman was, until his death, the sole surviving brother and

patriarch The highest-ranking bishops in Eastern Orthodoxy, Oriental Orthodoxy, the Catholic Church (above major archbishop and primate), the Hussite Church, Church of the East, and some Independent Catholic Churches are termed patriarchs (and in certai ...

of the family

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

that was once considered among

's most formidable

merchant A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as indust ...

empires. He was its largest shareholder though management of the Group has been primarily delegated to the hands of his nephews, Yousef Ahmad Al Gosaibi (Group President) and

Saud Abdul Aziz Al Gosaibi Saud Abdulaziz Al Gosaibi (1963 - ) (Arabic :سعود عبد العزيز القصيبي) was managing director of Ahmad Hamad Al Gosaibi & Brothers Company (AHAB), a family-owned diversified holding business group based in Alkhobar, Saudi Arabia. ...

(Group Managing Director). His son, Dawood Sulaiman Al Gosaibi, is also active in family investments. Sulaiman contributed to many philanthropic initiatives in the Eastern Province. His brother Abdul Aziz Al Gosaibi died in 2003, was a partner in the company, and had an estimated fortune estimated at $2.9 billion.

Death

He died on 23 February 2009, and was buried in the Thuqba Cemetery in

Early life

Career

Death

References

See also