Khalid ibn Abdullah

For the football player, see Khalid Abdullah (football player).
Khalid ibn Abdullah ibn Abdul Rahman Al Saud
Born 1937 (age 78–79)
Ta'if, Saudi Arabia
Spouse Al Jawhara bint Abdulaziz Al Saud
Full name
Khalid ibn Abdullah ibn Abdul Rahman ibn Faisal ibn Turki ibn Abdullah ibn Muhammad ibn Saud ibn Muhammad ibn Muqrin Al Saud
House House of Saud
Father Abdullah bin Abdul Rahman
Religion Islam

Khalid bin Abdullah Al Saud (born 1937) is a member of the House of Saud. He has extensive business interests, run through Mawarid Holding, but is probably better-known as the owner of Juddmonte Farms. As such, he is one of the leading figures in the world of thoroughbred horseracing and the list of outstanding horses to have competed in Prince Khalid's racing-colours includes the greats: Dancing Brave and Frankel.

Early life

Prince Khalid is one of the sons of Abdullah bin Abdul-Rahman[1] a younger half-brother of King Abdulaziz.[2] Prince Khalid's uncle, King Abdulaziz, was the founder and first ruler of Saudi Arabia. Prince Khalid is therefore a first-cousin to all the sons of King Abdulaziz and all the six siblings who have ruled modern Saudi Arabia in succession to the founder, including the late King Abdullah.[3][4][5]

Prince Khalid's wife, Al Jawhara bint Abdulaziz, is herself a daughter of King Abdulaziz, by his wife Hassa bint Ahmed Al Sudairi,.[6] She is therefore a full sister of the group of sons known as the Sudairi Seven, who include King Fahd and the present monarch, King Salman. Princess Jawhara is reported to have been particularly close to her brother late Prince Sultan.[3][4][5]

Prince Khalid was born in Ta'if, Saudi Arabia, in 1937.[7] He studied history in the United States and Riyadh,[8] was employed for a time at the Ministry of Foreign Affairs.[4] He then embarked on an extremely successful career in business, serving an apprenticeship under the guidance of Sulaiman Olayan.[9]

Business career

Khalid Abdullah's main business vehicle is Mawarid Holding, one of Saudi Arabia's largest and most diversified private businesses, with extensive dealings in financial services, manufacturing, construction, medical supplies, catering, telecommunications and the media.[5][10] A study of the commercial activities of members of the House of Saud published in 2001 listed 65 separate entities in which Prince Khalid held an interest.[11] He is the owner of Orbit Communications Company.[12] Until 8 February 2009 he served as chairman of the Saudi Chemical Company's board of directors and as chairman of Saudi Arabian Amiantit Company.[13][14][15]

By the early 2000s responsibility for running his business had passed, in part, to Prince Khalid's four sons.[7][8][16]

In 1990, Prince Khalid's wealth was estimated by Fortune magazine at $1.0 billion.[9]

Horseracing career

Development

Although Prince Khalid's father had owned horses, he had not kept them for racing.[17] Prince Khalid's introduction to the sport came on a trip to Longchamp with friends in 1956. Even so, he did not start owning racehorses himself until the late 1970s.[18] Prince Khalid's purchases of yearlings at that time heralded the start of the large scale investment in horseracing by owners from the Middle East that was to transform the sport.[3]

In 1977 Prince Khalid's first racing adviser, the former trainer Humphrey Cottrill, bought for him four yearlings at the Newmarket sales.[19] The following year Prince Khalid bought the top two lots in the Houghton Sales at Newmarket, although the top-priced yearling, Sand Hawk, for whom he paid a record 264,000 guineas, proved largely a disappointment; as would Convention, for whom he paid 1.4 million guineas in 1983. However, Cottrill and the trainer Jeremy Tree had also paid $225,000 for a dark bay colt by In Reality at the Keeneland Sales of 1978, their single purchase, as Known Fact, won the Middle Park Stakes in the autumn of 1979 and then, after Nureyev's disqualification, the 2,000 Guineas of 1980, following up his victory with a win in the Queen Elizabeth II Stakes.[7][8][17][18][20]

Known Fact's victory in the 2,000 Guineas was not only Prince Abdullah's first victory in an English Classic race but was also the first by any Arab owner.[7][19][21] His first winner of any kind had come the previous season, when Charming Native came home first at Windsor, while Abeer had provided his first victory at Royal Ascot with her win in the Queen Mary Stakes.[17][18]

Success

Khalid Abdullah's racing colours.
Frankel

Prince Khalid's colours, of green silks with white sleeves and a pink sash and cap, soon became a regular feature of the winner's enclosure in all the classic races of the world.[18] In 1985, Rainbow Quest won the Prix de l'Arc de Triomphe. The following year, Dancing Brave repeated that success and also won the 2,000 Guineas and the King George VI and Queen Elizabeth Stakes. Furthermore, Dancing Brave failed only narrowly to add a victory in the Derby to this remarkable season.[18][22][23]

In 1982 Prince Khalid had his first home-bred winner with Fine Edge at Newmarket. His Juddmonte breeding operation soon produced Warning, by Known Fact out of the broodmare Slightly Dangerous, who became Europe’s champion miler in the 1988 season. Remarkably, Prince Khalid went on to win all five British Classic races with homebred horses: Quest For Fame, sired by Rainbow Quest, won Juddmonte's first Epsom Derby in 1990, followed by Commander In Chief, then by Dancing Brave in 1993, and finally the fourth-generation Juddmonte-bred Workforce, who broke the course record at Epsom with the victory in 2010. Toulon won the St Leger of 1991 and Zafonic carried off the 2,000 Guineas brilliantly two years later, as did Frankel in 2011. Reams of Verse won the Epsom Oaks in 1997 and Wince won the 1,000 Guineas in 1999, followed by Special Duty's victory in the same race in 2010.[8][10][24][25][26][27]

The winner of not just the 2,000 Guineas,[28] but also of multiple Group One races, including the Juddmonte-sponsored International Stakes at York,[29] Frankel was bred by Prince Khalid through three generations via his mare Kind.[10][30] He is named after Bobby Frankel,[31] who had trained Prince Khalid's horses in America.[18] Many regard him to be one of the greatest racehorses of all time.[32][33][34]

Juddmonte also bred a clean sweep of French Classic winners. Sanglamore, won the Prix du Jockey Club in 1990, whilst Houseproud, Zenda and Special Duty won Poule d'Essai des Pouliches in 1990, 2002 and 2010. Jolypha and Nebraska Tornado won the Prix de Diane, in 1992 and 2003 respectively, and Raintrap and Sunshack were the winners of Prix Royal-Oak, in 1993 and 1995, before American Post took the Poule d'Essai des Poulains in 2004. Finally, there was victory for Rail Link in the Prix de l’Arc de Triomphe of 2006, a success repeated by Workforce in 2010, making this horse only the sixth horse in history to win both the Derby and the Arc.[10][24]

In Ireland, the list of Juddmonte-bred successes includes Irish Oaks winners Wemyss Bight and Bolas in 1993 and 1994. In North America, the winning horses include Empire Maker, winner of the Belmont Stakes of 2003 and Flute, the Kentucky Oaks winner in 2003. The Eclipse Award champion mares include Ryafan in 1997, Banks Hill in 2001, and Intercontinental in 2005. The last two of these both won the Breeders' Cup Filly & Mare Turf, which was also won in 2009 by Midday, a three-time winner of the Nassau Stakes at Goodwood.[16][17][24][35]

Recognition

In North America, Prince Khalid was the recipient of an Eclipse Award as Top Owner in 1992 and 2003, and received five awards as the Top Breeder: in 1995, 2001, 2002, 2003 and 2009.[7][24] In 2003, Prince Khalid finished third in the American owners' championship.

In Europe, Prince Khalid's 78 winners in Britain and 58 winners in France made him the champion owner in both those countries in 2003, and he was British flat racing's champion owner again in 2010, with 74 winners and prize money of more than £3 million. He took the British title once more in 2011, when he had 63 winners and won more than £3.4 million in prize money.[36][37]

In 1983 he was made an honorary member of The Jockey Club.[7]

Trainers

Prince Khalid's horses were initially trained mainly by Jeremy Tree, to whom he was introduced by Humphrey Cottrill, and by Guy Harwood, who trained Dancing Brave. The circle of trainers widened to include the yards of Roger Charlton, Andre Fabre, Henry Cecil, Barry Hills, John Gosden, Pascal Bary and others, as well as latterly Sir Michael Stoute. In the US, his horses were for a long time in the care of Bobby Frankel.[18] Prince Khalid's support for Cecil helped maintain the trainer's Warren Place stables through lean years in the late 1990s and early 2000s.[25][34][35][38]

Juddmonte Farms

In 1982, Khalid bin Abdullah purchased Cayton Park Stud at Wargrave in Berkshire, renaming it Juddmonte Farms. From the early 1980s he built up a collection of carefully selected mares, in the early days buying from Robert Sangster.[34] By 2011 these represented, according to Lord Grimthorpe in an interview given to the Financial Times, "one of the greatest brood-mare bands in the history of breeding”.[10]

The British arm of the Juddmonte operations came to include Juddmonte Dullingham and Estcourt Estate in Gloucestershire, as well as Side Hill Stud and Banstead Manor in Newmarket in Suffolk. There, Prince Khalid stood a number of leading stallions, notably Dansili and Oasis Dream; in 2011 their nomination fee was £65,000 and £85,000 respectively for each mare in foal.[10][24] Juddmonte also owns Ferrans Stud and New Abbey Stud in Ireland, as well as Juddmonte Farm in Lexington, Kentucky, where Empire Maker, winner of the Belmont Stakes and son of the Juddmonte broodmare Toussaud, stands at stud.[7][24]

The studs in Britain and Ireland are managed by Philip Mitchell, who joined Juddmonte as General Manager of European Operations in 1988, while John Chandler handles arrangements in America. Humphrey Cottrill acted as his racing manager and adviser from 1977 to his retirement in 1982, when he was replaced by Grant Pritchard-Gordon, who was in turn succeeded by the current racing manager, Lord Grimthorpe, in 1998.[7][8][24][25][39]

Prince Khalid was responsible for the allocation of horses to trainers and for approval of mating lists. In a rare interview in 2010 he told The Racing Post: "When I was at the sales I realised that it would be easier to buy horses and race them, but I got the feeling that this was not enough, that it would be more fun to do what people like the Aga Khan and Lord Howard de Walden did and build up your own families." He said that he had his stud book with him all the time.[8]

In 2011 the Juddmonte operation employed around 250 people and extended to 700-800 horses around the world, with a racing stock of about 250. That year they bought just two yearlings while selling more than 100 horses. In his Financial Times interview Lord Grimthorpe said Juddmonte was "not run as a commercial operation";[10] Prince Khalid once told The Racing Post, "It is still my only hobby".[8]

Personal life

Prince Khalid is married to Al Jawhara bint Abdulaziz, daughter of King Abdulaziz and Hassa bint Ahmed Al Sudairi. They have four sons and three daughters.[40]

Prince Khalid was father-in-law to the late Prince Fahd, son of King Salman, who married his daughter Nuf bint Khalid bin Abdallah.[41] A son, Ahmad bin Salman, died after a heart attack in July 2002 at the age of 43.[42] The son-in-law Prince Fahd owned Generous, winner of the Derby in 1991.[43][44]

Prince Khalid was one of the closest friends of the late King Fahd, his brother-in-law.[45]

Homes

Prince Khalid has homes in Saudi Arabia and overseas, close to his various stables or to the classic racecourses. In the United States, he has a home in Kentucky,[7] in Europe, a townhouse in France, on the Parc Monceau in Paris,[8] and, in the United Kingdom, houses in London, Newmarket and Kent, where he owns the 1,000-acre Fairlawne Estate, adjoining Plaxtol, near Shipbourne.[7][9][46]

He is widely reported to be studiously courteous and personally unassuming.[7][8][18][25][27]

His son Saud serves as Deputy Chairman of the Board of Directors of Al-Mawarid Holding Company and as Vice chairman of the Board of Directors of the Orbit Satellite Television and Radio Network.[47]

References

  1. ↑ "Family Tree of Abdallah bin Abd al-Rahman bin Faysal Al Abd al-Rahman", Datarabia. Retrieved 12 October 2012.
  2. ↑ "Family Tree of Abd al-Rahman bin Faysal bin Turki Al Saud", Datarabia. Retrieved 12 October 2012.
  3. 1 2 3 Robinson, Patrick and Robinson, Nick. Horsetrader: Robert Sangster and the Rise and Fall of the Sport of Kings, London: Harper Collins (1993), p. 135.
  4. 1 2 3 Sabri, Sharaf. The House of Saud in Commerce: A Study of Royal Entrepreneurship in Saudi Arabia, New Delhi: I.S. Publications (2001), p. 185. Link on Google Books. Retrieved 11 October 2012.
  5. 1 2 3 Sakr, Naomi. "Channels of Interaction: The Role of Gulf Owned Media Firms in Globalisation" in Dresch, Paul and Piscatori, James (eds.), Monarchies and Nations: Globalisation and Identity in the Arab States of the Gulf, London: I.B. Tauris & Co Ltd (2005), p. 48. Link on Google Books. Retrieved 11 October 2012.
  6. ↑ "Family Tree of Abdulaziz bin Abdul Rahman bin Faysal Al Saud ", Datarabia. Retrieved 12 October 2012.
  7. 1 2 3 4 5 6 7 8 9 10 11 "Breeders' Cup Bios: Khalid Abdullah", Breeders' Cup. Retrieved 11 October 2012.
  8. 1 2 3 4 5 6 7 8 9 Scott, Brough. "The Modest Prince", The Racing Post, 13 June 2010. Link to article on The Free Library. Retrieved 11 October 2012.
  9. 1 2 3 "The billionaires", Fortune magazine, 10 September 1990. Retrieved 11 October 2012.
  10. 1 2 3 4 5 6 7 Owen, David. "Breeding: it’s all about the pedigree", The Financial Times, 3 June 2011. Retrieved 11 October 2012.
  11. ↑ Sabri, Sharaf. The House of Saud in Commerce: A Study of Royal Entrepreneurship in Saudi Arabia, New Delhi: I.S. Publications (2001), pp. 185-194. Link on Google Books. Retrieved 11 October 2012.
  12. ↑ Fandy, Mamoun (January 1999). "Saudi Opposition between Globalization and Localization". Comparative Studies in Society and History 41 (1): 124–147. doi:10.1017/s0010417599001899. Retrieved 17 August 2012.
  13. ↑ "Annual Report" (PDF). Saudi Chemical Company. 2008. Retrieved 25 August 2012.
  14. ↑ "Saudi Arabian Amiantit Company". Arabian Business. 25 August 2012. Retrieved 25 August 2012.
  15. ↑ "Executive Profile". Business Week. Retrieved 14 August 2013.
  16. 1 2 Shulman, Lenny. "Belmont Winner's Owner-Breeder: Pleasant and Perfect", The Blood-Horse, 7 July 2003. Retrieved 11 October 2012.
  17. 1 2 3 4 "Owners: Prince Khalid Abdullah", British Horseracing Authority. Retrieved 11 October 2012.
  18. 1 2 3 4 5 6 7 8 Ashforth, David. "Khalid Abdullah: Quiet passion of a charming prince who keeps plenty in reserve", The Racing Post, 24 May 2002. Link to article on The Free Library. Retrieved 11 October 2012.
  19. 1 2 "Humphrey Cottrill dies at 92", The Racing Post, 1 September 1999. Link to article on The Free Library. Retrieved 11 October 2012.
  20. ↑ Robinson, Patrick and Robinson, Nick. Horsetrader: Robert Sangster and the Rise and Fall of the Sport of Kings, London: Harper Collins (1993), pp. 135-140.
  21. ↑ "Racing: Jeremy Tree dies", The Independent, 9 March 1993. Retrieved 11 October 2012.
  22. ↑ Lynch, Michael. "A real prince among owners", The Age, 5 August 2012. Retrieved 11 October 2012.
  23. ↑ "Dancing Brave dies", BBC, 3 August 1999. Retrieved 12 October 2012.
  24. 1 2 3 4 5 6 7 "A short history of Juddmonte Farms", the-racehorse.com, 9 January 2008. 18 June Retrieved 2012.
  25. 1 2 3 4 Downe, Alastair. "Lord Grimthorpe Interview", The Racing Post, 23 July 2010. Link to article on The Free Library. Retrieved 11 October 2012.
  26. ↑ Keogh, Frank. "Workforce storms to victory in the Derby at Epsom", BBC, 5 June 2010. Retrieved 11 October 2012.
  27. 1 2 Keogh, Frank. "Workforce shows shades of Shergar", BBC, 5 June 2010. Retrieved 11 October 2012.
  28. ↑ Cook, Chris. "Frankel reaches superstar status after 2,000 Guineas win at Newmarket", The Guardian, 30 April 2011. Retrieved 27 June 2012.
  29. ↑ Brown, Oliver. "Peerless Frankel crushes his rivals to reign supreme at York", The Daily Telegraph, 23 August 2012. Retrieved 20 August 2012.
  30. ↑ "The Frankel Story", Juddmonte Farms, 27 July 2011. Retrieved 12 October 2012.
  31. ↑ McGrath, Chris. "'Duel on the Downs' will prove the worth of Cecil's jewel Frankel ", The Independent, 27 July 2011. Retrieved 12 October 2012.
  32. ↑ Wood, Greg. "Frankel hailed as greatest ever after Royal Ascot Queen Anne Stakes win", The Guardian, 19 June 2012. Retrieved 27 June 2012.
  33. ↑ "Frankel has potential to justify claims of greatness", The Guardian, 3 August 2011. Retrieved 18 June 2012.
  34. 1 2 3 Armytage, Marcus. "Frankel is the result of a lightning strike of genetics that may not be repeated for 100 years", The Daily Telegraph, 25 August 2012. Retrieved 30 August 2012.
  35. 1 2 Riddle, Geoffrey. "Thorough care taken for the 'greatest' thoroughbred'", The National, 14 October 2011. Retrieved 11 October 2012.
  36. ↑ "Media Release: Frankel (GB) Factfile", Racenews, 29 September 2012. Retrieved 12 October 2012.
  37. ↑ "British Horseracing Fact Book 2011/12", British Horseracing Authority. Retrieved 12 October 2012.
  38. ↑ McGrath, Chris. "Henry Cecil: 'I don't like to be defeated'", The Independent, 25 July 2011. Retrieved 18 June 2012.
  39. ↑ Griffith, Richard. "Obituary: Humphrey Cottrill", The Independent, 15 September 1999. Retrieved 12 October 2012.
  40. ↑ "Family Tree of Khalid bin Abdallah bin Abdul Rahman Al Abdul Rahman", Datarabia. Retrieved 12 October 2012.
  41. ↑ "Death of a Generous man". The Telegraph. 25 July 2001. Retrieved 3 March 2013.
  42. ↑ Bradley, John R. (23 July 2002). "Prince Ahmed's cousin killed on way to funeral". USA Today. Retrieved 26 May 2012.
  43. ↑ Hotspur (McGrath, JA). "Death of a Generous man", The Daily Telegraph, 25 July 2001. Retrieved 12 October 2012.
  44. ↑ "Family Tree of Nuf bint Khalid bin Abdallah Al Abdul Rahman", Datarabia. Retrieved 12 October 2012.
  45. ↑ "About the Bin Laden family". PBS. Retrieved 26 February 2013.
  46. ↑ Britten, Nick. "'Little village bumpkins’ defeat Saudi prince in fight for Shipbourne footpath rights", The Daily Telegraph, 26 November 2011. Retrieved 11 October 2012.
  47. ↑ "Saud bin Khalid bin Abdullah bin Abdul Rahman". Arab Thought. 31 March 2011. Retrieved 23 December 2012.

External links

This article is issued from Wikipedia - version of the Friday, February 26, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.