23 Hrs
Source:
الاقتصادية
Heif bin Aboud's early rising success
Haif bin Aboud Al-Rifaydi Al-Qahtani, the Saudi billionaire who began his life in an isolated mountain village in Asir, managed to achieve widespread success in the fields of contracting and economic development in Saudi Arabia. He started his career as a truck driver and laborer, then established a successful contracting company in Riyadh in 1976, benefiting from the contracting system based on licensing and field operations. He expanded his business to include infrastructure construction, silos, and hotels before transforming his enterprise into a holding company. He contributed to major projects such as NEOM, Qiddiya, The Red Sea, and developed real estate ventures, all while maintaining a connection to his heritage through camel festivals and charitable work. He supported initiatives for children, scientific endowments, and needy families. He passed away at the age of 80, leaving behind a legacy of profound commercial and personal significance, recognized for his principles and a history filled with hard work and perseverance.
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