Walid juffali biography of alberta

Saudi businessman (–)

Walid Ahmed Juffali (30 April – 20 July ) (Arabic: وليد أحمد الجفالي) or Al-Walid bin Ahmed bin Abdullah bin Ibrahim Al Juffali (Arabicالوليد بن أحمد بن عبدالله الجفالي) was the chairman of E. A. Juffali and Brothers, the largest privately owned enterprise in Saudi Arabia, assuming office after the death of his father Ahmed bin Abdullah Al Juffali, Juffali was also the chair of his own personal company "W Investments" a privately held investment company which mainly operated in Zürich.^[1]

He was also the chairman of Saudi American Bank, The Saudi Cement Company, and sat on the boards of numerous powerful companies, including Saudi Hollandi Bank and many others.^[2]

Juffali also had a large collection of jewels ordered to pay out to his ex-wife Christina Estrada after a $95 million divorce settlement in , lower than her demand for $8 billion, which was the largest settlement in English legal history.^[3]

Early life and education

Juffali was born in Jeddah on 30 April ,^[4] the son of Ahmed Abdullah Juffali (–),^[5] the founder of E.

A. Juffali and Brothers, one of Saudi Arabia's largest companies.^[6] This wealthy and secretive family was from Unayzah, Al-Qassim.^[7] The Al-Juffali are members of the Bani Khalid dynasty, rulers of Eastern Arabia during the early s to the late s after military defeats against the Saudis.^[8] The family are most notable for being direct descendants of Khālid ibn al-Walīd.

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His mother was Suad bint Ibrahim Al Husseini, the granddaughter of Kamil of Jerusalem and niece of Hajj Amin of Jerusalem. Juffali had two full-brothers: Khalid bin Ahmed Al Juffali, and Tarek bin Ahmed Al Juffali.^[9][6]

After completing his elementary and secondary education between Jeddah and Switzerland, he continued his university education at the University of San Diego where he was awarded a bachelor's degree in International Business and Political Sciences.^[10] After his graduation, he was gradually introduced to multiple public assignments in Jeddah, the western province of Saudi Arabia, where he was responsible for the development of Siemens Arabia and Nabors.

He received a bachelor's degree from the University of San Diego, California in ^[10] Juffali was also a graduate of Imperial College, where he received a doctorate in neurosciences in ^[1] His PhD thesis was entitled, "A Novel Algorithm for Detection and Prediction of Neural Anomalies".^[11]

Juffali developed a great interest in brain theory.

He launched multiple initiatives and programs that continue to serve and educate various community sectors and focus on developing and understanding the human brain. Juffali launched the brain forum, where his vision was to create a platform that would contribute to the progression of brain research and encourage global collaboration and initiatives with the potential to transform lives.

Juffali successfully held a state-of-the-art conference in , followed by a second in , with over 1, participants from 27 countries. Following this, the conference became an annual event. In , the brain forum hosted more than 1, participants from 31 different countries. Juffali was also fluent in four languages: Arabic, English, French, and German.^[12]

Career

Juffali was the chair of Saudi American Bank and wholly-owned his own specialist Neuroscience company, NeuroPro.^[13]

In , he was appointed chair of Dow Chemical Arabia.

In the same year, he chaired the board of directors for Siemens Arabia and became the board member of Nabors (Oil and Gas).^{[citation needed]}

Juffali had a 5% stake in Hitachi after investing $m in the project through WJCO (Al-Walid Al Juffali Company) in January W Investments also had an 11% stake in Manchester United after purchasing the stake in May ^[14]

He was the chairman of E.

A. Juffali and Brothers,^[15] a position he had held since at least ^[16]

In , Juffali was also chairman of Saudi American Bank as well as the chair of the Jeddah Chamber of Commerce and Industry.^{[citation needed]}

In December , the Middle East Broadcasting Corporation (MBC) announced that Juffali would host its entrepreneurial reality show, The Investor, which would be shown early in ^[16] In her book Arab Television Today, Naomi Sakr compared the show to The Apprentice, but noted that each of the 13 pairs of would-be entrepreneurs had to be from the same family, to reflect the "family aspect of business in the Arab world".^[17]

Juffali also had a separate company, W Investments, a private wealth management company.^[1] The CEO is Jamil El Imad, also managing director and chief scientist of his NeuroPro company.^[13]

Legal immunity

On 9 November , The Daily Telegraph reported that Juffali had gained legal immunity in the UK, having been appointed as St Lucia's "Permanent Representative" to the International Maritime Organization (IMO), which is headquartered in London.^[15]

Two days later, St Lucia's Office of the Prime Minister issued a statement confirming that Juffali was appointed to the role in April , "that all necessary due diligence was done prior to the appointment", and it declined the request from his ex-wife's lawyers to "lift the diplomatic immunity of Dr.

Juffali to compel Dr. Juffali to testify in the civil suit this is a civil matter in which it does not desire to get involved."^[18]

On 26 December , The Daily Telegraph reported that it understood that the British Foreign Office had intervened to ask St Lucia to waive Juffali's immunity amid concerns that he was using it to protect his wealth from his ex-wife during divorce proceedings.^[19]

On 21 January , The Daily Telegraph reported that the High Court had ordered Philip Hammond, the then British Foreign Secretary, to certify whether the UK had formally accepted Juffali as a diplomat representing St Lucia, as his ex-wife's lawyer stated that Juffali had never attended an IMO meeting.^[20] The judge lifted restrictions on reporting his ex-wife's claim that Juffali was seriously ill with cancer in a Swiss hospital since, if he were to die before the case was concluded, her claim would become irrelevant, and she and their daughter would receive no further monthly payments.^[21]

In February , the High Court dismissed Juffali's claim of diplomatic immunity as 'spurious'.

Walid juffali biography of alberta canada Kamil bin Mohammed Al Husseini 6. Andrew Schulz. Check the article for more on their love story and how they balance their professional and personal lives. Legal immunity [ edit ].

Juffali appealed the judgment to the Court of Appeal, and was supported by an intervention from the Foreign Secretary.^[22] The Court of Appeal overturned the High Court's dismissal of Juffali's immunity, but ruled that his immunity was not relevant to the divorce claim, which it allowed to proceed.^[23]

The divorce of Juffali and his second wife, Christina Estrada, was concluded in the British courts in July Estrada was awarded £75&#;million, the largest such settlement in English legal history.^[24]

Politics

Juffali was one of three Saudi Arabians who donated at least $3&#;million to the Clinton Presidential Center.^[25]

Personal life

Juffali's first wife was fellow Saudi, Basma Al-Sulaiman, who received £40&#;million in a divorce settlement in ^[26] They married in Jeddah, Saudi Arabia, in , where they lived in a marble palace.

They had three children, one son and two daughters. (Dina, Hala, and Mohammed).^{[citation needed]} Mohammed died in ^[27]

In , Juffali married Christina Estrada, an American former Pirelli Calendar model, but they divorced in ^[15] Estrada started divorce proceedings in , after Juffali married Loujain Adada (Saudi law allows up to four wives), and has made a claim against Juffali for at least his three UK properties, which include a seven-bedroom home in Knightsbridge, London, in a converted church, valued in total at about £60&#;million.

Juffali and Estrada have a daughter (Sirina).^[26]

Juffali also owned Bishopsgate House in Egham, Surrey, which he acquired from his parents in about ^[28] There were "three butlers, six gardeners, five maids, two laundry girls, two drivers, two personal assistants, two nannies and an estate manager on the staff".^[28] Juffali's art collection, estimated at £4 million, was auctioned onsite at Bishopsgate House by Bonham's on 26 March ^[29]

In November , Juffali married then year-old Lebanese model and TV presenter Loujain Adada in Venice.^[15] In , Adada, commonly known as "LJ", starred in the Netflix reality show Dubai Bling.

Juffali's estate and death are spoken about on the show.^[30]

Death

On 20 July , Juffali died in Zürich, Switzerland, after a lengthy period with cancer.^[31] His estate is in the hands of his brother Sheikh Khalid bin Ahmed Al Juffali as the inheritor, as well as the legal guardian of his five daughters.^[21]

Ancestry

References