Allah is The only One who is self-sufficient and independent. He does not need anything as He is free from dependence.
Allah is The One whose wealth and riches all others depend on. If every creation, human and jinn, both past, and present, were to ask Allah their innermost desire, and He was to give it to you, it would deplete Him as much as if you were to dip a needle in the ocean and try and remove some water with it. This is how rich Al-Ghaniyy is. His ability to provide is non-diminishable.
This name of Allah should instill humility in the believer’s heart. It should cause us to think about Him and see the blessings He’s put around us.
Every day we have food to eat, and we experience life, in whatever shape or form. This is all a blessing of Allah’
۞قَوۡلٞ مَّعۡرُوفٞ وَمَغۡفِرَةٌ خَيۡرٞ مِّن صَدَقَةٖ يَتۡبَعُهَآ أَذٗىۗ وَٱللَّهُ غَنِيٌّ حَلِيمٞ
Qawlum ma’roofunw wa maghfiratun khairum min sadaqatiny yatba’uhaaa azaa; wallaahu Ghaniyyun Haleem
The Holy Quran (2:263)
“Kind speech and forgiveness are better than charity followed by injury. And Allah is Free of need and Forbearing.”