The Al-Saud family is the ruling royal family of the Kingdom of Saudi Arabia. Founded by Ibn Saud in the early 20th century, the family has played a significant role in the establishment and governance of the country. The family is known for its vast wealth, primarily derived from the country's abundant oil reserves. Members of the Al-Saud family hold key positions in the government and military, influencing both domestic and international policies. The family is also known for its extensive philanthropic efforts, supporting various social and cultural initiatives within Saudi Arabia and beyond.