Sulaiman Hamad Al Gosaibi

Last updated December 04, 2023

Sulaiman Hamad Al Gosaibi was a Saudi businessman. He was the chairman of the board of the Ahmad Hamad Al Gosaibi & Brothers Group of Companies based in Alkhobar, Saudi Arabia until his death in February 2009.^[1]^[2]

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.^[3] He was a cousin of Ghazi Al Gosaibi ^[4]

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,^[5] 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 of the family conglomerate that was once considered among Saudi Arabia's most formidable merchant 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 (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.^[5]

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.^[6]

Death

He died on 23 February 2009, and was buried in the Thuqba Cemetery in Alkhobar.^[3]

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References

↑ "تشييع جثمان رجل الأعمال سليمان القصيبي رائد الصناعة بالمنطقة الشرقية". Al Riyadh . February 24, 2009. Retrieved 12 February 2020.
↑ Coker, Margaret (2009-10-22). "A Saudi Family Feud Roils World Banks - WSJ.com". Online.wsj.com. Retrieved 2012-10-14.
1 2 "المنطقة الشرقية تودع رجل الأعمال سليمان القصيبي". Okaz (in Arabic). February 24, 2009. Retrieved 12 February 2020.
↑ "الرجل تعيد نشر حوار مع عبد العزيز القصيبي نشرته قبل 22 عاما". Arrajol (in Arabic). Retrieved 16 February 2020.
1 2 "رحيل سليمان القصيبي أحد روّاد قطاع الأعمال في السعودية". Asharq Al-Awsat . February 24, 2009. Retrieved 12 February 2020.
↑ "الموت يغيب رجل الأعمال السعودي عبد العزيز القصيبي" [Abdul Azizi Al Gosaibi dies]. Asharq Al-Awsat (in Arabic). May 12, 2003. Retrieved 16 February 2020.