Khaled Juffali

Khaled was born in Jeddah on 1 January 1958, into a family of vast wealth and secrecy from Unayzah, Al-Qassim.[5] The Al-Juffali are members of Bani Khalid dynasty, rulers of Eastern Arabia during the early 1600s to the late 1800s after military defeats against the saudis.[6][5] The Family are most notable for being direct descendants of Khālid ibn al-Walīd.

Khaled is the second son of the founder of E. A. Juffali and Brothers, Sheikh Ahmed bin Abdullah Al Juffali His mother is Suad bint Ibrahim Al Husseini the grand daughter of Kamil of Jerusalem and niece of Hajj Amin of Jerusalem. Sheikh Khaled had two full-brothers: Walid bin Ahmed Al Juffali, and Tarek bin Ahmed Al Juffali[7]

After completing his elementary and secondary education between Jeddah, and Switzerland he continued his university education in the University of San Diego where he was awarded a bachelor degree in International Business and political sciences. After his graduation, he worked alongside his father and was known as the favorite child of the late Sheikh Ahmed. Khaled was gradually introduced to multiple public assignments in Al-Khobar, the eastern province of Saudi Arabia, where he was responsible for the development of Flour and IBM Arabia. He is also a graduate of Menlo College where he received a doctorate in international affairs in 2012.[8] Sheikh Khaled developed great interest in various philanthropic and humanitarian causes. He launched multiple initiatives and programs that continue to serve various sectors of the community and participate in humanitarian development inside and outside the Middle East and neighboring Islamic countries.[9] Sheikh Khaled is also fluent in five languages: Arabic, English, French, German, and Italian.

In 2005, he was appointed as chairman of Siemens Arabia. In the same year he chaired the board of directors for Daimler Arabia and became the board member of Saudi Arabian Monetary Authority (SAMA), the sovereign wealth fund of Saudi Arabia.[10]

Sheikh Khaled financed the Four Seasons Hotel & Private Residences, One Dalton Street Skyscraper in Boston, Massachusetts after investing $700m in the project through Parkview Wealth Management, which was established by Sheikh Ahmed bin Abdullah Al Juffali in 1982 to manage part of the Al Juffali family fortune in New York City, Sheikh Khaled bought out his brothers in 2009 after the New York financial crisis.[11] Sheikh Khaled also has a 3% stake in McKesson Corporation after purchasing the stake for $2.1 billion in February 2009,[12] and it was reported that Al Juffali wishes to increase its stake to 4% in August 2020.[13] In late 2016 Sheikh Khaled silently became the richest man in the region, shortly after inheriting his brother Walid bin Ahmed Al Juffali.[14]

• Shefa Fund:

Sheikh Khaled Bin Ahmed Al Juffali Fund for Humanitarian Development established The Shefa Fund, which is a collaborative giving initiative between Middle Eastern philanthropists and the Bill & Melinda Gates Foundation. The endeavor is led and chaired by Sheikh Khaled, who wished to mobilize and encourage support for important global health projects that benefit the world’s most vulnerable people, particularly children.[15]

• The Help Centre:

The Help Centre is a philanthropic non-governmental and non-profit organization dedicated to the welfare of persons with intellectual disabilities, from as early as birth to young adulthood and beyond. We seek means by which we can empower and integrate our children to participate fully and assume a rightful place in society, thereby attaining a fair chance at life. The Help Center began operations in November 1985. It soon became apparent that many children with intellectual disabilities required special services that were not available in either the hospitals or regular school settings. These children needed to be taught by specialists who understood the complexities of their problems and who could devise programs to help them live and integrate as independents within the larger community.[16]

• Arab Fund for Arts and Culture :

AFAC envisions a thriving Arab art and cultural scene, one that is confident in its expression, open to dialogue, accessible to all and sustained locally by committed patrons. Two fundamental principles guide AFAC's mode of work: transparency in the grant giving process and independence through a diversity of funding sources. With objectives to increase and enhance contemporary art and culture production and research, and to support capacity-building and training in the cultural sector.[17]

• Arab Thought Foundation:

Arab Thought Foundation is a non-profit organization tasked to advance Arab cultural solidarity, and promote Arab world progress, with openness to world cultures. The Foundation seeks to bring about initiatives, programs and development forums, and build partnerships within the Arab culture to advance diligence and creativity values in it. The Arab Thought Foundation is an international independent non-governmental organization. It has no inclination to any party or religious group; it is rather dedicated to promote the Nation’s pride with all its principles, values and ethics, in an atmosphere of a responsible freedom.[18]

• The Seeds of Social Change:

The Seeds of Social Change is an educational program. last spring, the Al Juffali family struck a new philanthropic alliance this time, with Northeastern to teach a new generation to give strategically. In March, the family made a transformative donation to Northeastern’s Social Impact Lab, which helps students turn their idealism into action.[19]

Sheikh Khaled has one wife, one son and three daughters. He married Olfat bint Mutlaq bin Abdullah Al Mutlaq in the early-1970s from Bani Tamim. Olfat became a member of the Arab Thought Foundation, and Chairwoman of The British International School of Jeddah,[20] Olfat is also fluent in five languages: Arabic, English, French, German, and Italian. They have four children, one son and three daughters:

• Lulwa
• Al-Dana
• Haya
• Ahmed