Saudi Arabia is a major oil producer and exporter. The nation’s command economy is petroleum-based. Around 75 percent of its budget revenues and 90 percent of export earnings come from the oil industry. The House of Saudi is the richest family in the world.

Here is a brief overview of the top richest people in Saudi Arabia as of 2014, ranked according to their Forbes net worth.

7) Sulaiman Al Rajhi and family – Net Worth: $2 Billion

Sulaiman Al Rajhi is a self-made billionaire. His shares in the Al Rajhi Bank are worth around $6 billion. He has transferred around 20 percent stake in the bank to an endowment that bears his name. He has retained other assets, including one of the largest poultry farms in the region.

6) Abdullah Al Rajhi and family – Net worth: $2.6 Billion

Along with brothers Sulaiman, Mohammed and the late Saleh, Abdullah Al Rajhi founded Al Rajhi Bank more than half a century ago. With $74 billion in assets, it is one of the largest Islamic banks in the world. The family dominates the board of this publicly traded bank. He also owns a stake in Islamic banking powerhouse Al Baraka Banking Group.