Khaled bin Alwaleed Al Saud (; born 21 April 1978) is a

House of Saud The House of Saud ( ) is the ruling royal family of Saudi Arabia. It is composed of the descendants of Muhammad bin Saud, founder of the Emirate of Diriyah, known as the First Saudi State, (1727–1818), and his brothers, though the ruling ...

royal, entrepreneur, and investor. He is the son of

Al-Waleed bin Talal Al Waleed bin Talal Al Saud (; born 7 March 1955) is a Saudi Arabian billionaire businessman, investor, and a House of Saud royal. In 2008, he was listed on ''Time'' magazine's ''Time 100'', an annual list of the hundred most influential people ...

and his first wife and cousin Dalal bint Saud. Khaled has been noted for his

vegan Veganism is the practice of abstaining from the use of animal products and the consumption of animal source foods, and an associated philosophy that rejects the commodity status of animals. A person who practices veganism is known as a ve ...

lifestyle. He is the grandson of

King Saud of Saudi Arabia Saud bin Abdulaziz Al Saud (; 15 January 1902 – 23 February 1969) was King of Saudi Arabia from 9 November 1953 until his abdication on 2 November 1964. During his reign, he served as Prime Minister of Saudi Arabia from 1953 to 1954 and ...

on his mother's side and a great-grandson of

King Abdulaziz Abdulaziz bin Abdul Rahman Al Saud (; 15 January 1875Ibn Saud's birth year has been a source of debate. It is generally accepted as 1876, although a few sources give it as 1880. According to British author Robert Lacey's book ''The Kingdom'', ...

, the founder of the

Kingdom of Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

, on both his mother's and father's side.

Early life and education

According to his official biography, Khaled was born in Stanford, California and raised in Riyadh. At age 14, he suffered a crushed skull during a

jet ski A personal watercraft (PWC), also called Jet Ski or water scooter, is a primarily recreational watercraft that is designed to hold only a small number of occupants, who sit or stand on top of the craft, not within the craft as in a boat. P ...

ing accident in France, but eventually made a full recovery. He graduated from the

University of New Haven The University of New Haven (UNH) is a private university in West Haven, Connecticut, United States. History The University of New Haven was founded in 1920 as the New Haven YMCA Junior College, a division of Northeastern University, which sha ...

with a degree in business before going to work for

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...

Career

Khaled is the founder and chief executive officer (

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

) of KBW Investments and KBW Ventures, and the founder of property developer Arada. Through his companies, he is an investor in the Italian crane manufacturer Raimondi, in

Beyond Meat Beyond Meat, Inc. is a producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products were launched in the United States in 2012. The company went public in 2019, becoming the first plant-based meat ana ...

, the tech news website TechnoBuffalo, ESG capital firm Eat Well Investment Group (EWGFF), and Square, Inc. He has also been an investor in and board member of JUST, Inc. He was named as one of a number of high-profile investors in the $17 million Series A round of investments in the lab-grown meat startup

Memphis Meats Upside Foods (formerly known as Memphis Meats) is a food technology company headquartered in Berkeley, California, aiming to grow sustainable cultured meat. The company was founded in 2015 by Uma Valeti (CEO), Nicholas Genovese ( CSO), and Will ...

. In 2018, Khaled announced plans to open a chain of 30

restaurants in the Middle East. The same year, he was named Technology Investor of the Year at the ''Arabian Business'' CEO Middle East awards. On 9 September 2021, Prince Khaled joined Eat Well Investment Group Inc. as a strategic adviser.

Personal life

Khaled is the son of

and Dalal bint Saud. He married Munira bint Ibrahim Al Assaf, daughter of Saudi former finance and foreign minister Ibrahim Al Assaf. In the 1990s, Khaled was known for his opulence and extensive collection of 200 luxury cars. After participating in a trophy hunt in South Africa, a trip he would later describe as "cowardly", Khaled adopted a more austere lifestyle, ultimately becoming a

and disposing of his automobile collection. He has been described as an environmentalist and has called for the abolition of

zoo A zoo (short for zoological garden; also called an animal park or menagerie) is a facility where animals are kept within enclosures for public exhibition and often bred for conservation purposes. The term ''zoological garden'' refers to zoology, ...

s, reportedly purchases

carbon offset Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting ...

s for his travel and drives an electric

Tesla Model X The Tesla Model X is a battery electric mid-size luxury crossover SUV built by Tesla, Inc. since 2015. Developed from the full-sized sedan platform of the Tesla Model S, the vehicle notably uses falcon wing doors for rear passenger access. ...

P90D. Khaled's father was reportedly inspired by his son's adoption of veganism to become a vegan himself.

References

Notes

External links

* * {{DEFAULTSORT:Saud, Khaled Alwaleed

Khalid Khalid (variants include Khaled and Kalid; Arabic: خالد) is a popular Arabic male given name meaning "eternal, everlasting, immortal". It also appears as a surname.

1978 births Living people Citigroup employees People from Riyadh