THE MIDDLE EAST’S
2. Sulaiman Al Habib
• Group Founder & Chairman
Company: Dr. Sulaiman Al Habib Medical Services Group (HMG)
Nationality: Saudi
Residence: Saudi Arabia
Category: Hospitals
Al Habib founded HMG in 1995. It went public on the Saudi Exchange in 2020. Al Habib owns a 40% stake, as of August 2026. The group had over 25 medical facilities, 6,200 physicians, and 50 pharmacies as of June 2026. In H1 2026, HMG made about $2 billion in revenues and had $6.6 billion in assets. Forbes estimates Al Habib’s net worth at $10.5 billion as of August 2026.