Sheikh Sulaiman Bin Abdulaziz Al-Rajhi

AFTER ANNOUNCING PLANS to donate the bulk of his fortune to charity years ago, banking veteran Sheikh Sulaiman has transferred his 20 per cent Al Rajhi stake, worth nearly $6 billion, to an endowment that bears his name, according to Forbes. However, given Al Rajhi Bank’s difficult 2014, with the $74 billion in assets lender seeing six straight drops in quarterly profit to Q4 and a trimmed first-half dividend, the industry veteran is unlikely to want to hang up his boots quite yet.