Ahmed Juffali was the main founder of the Saudi central bank, the Saudi Arabian Monetary Authority, and a member of the international advisory board of Chase Bank, and a board member of companies including Wells Fargo, and the International Business Machines Corporation.
16 Facts About Ahmed Juffali
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The Al-Ahmed 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.
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Ahmed Juffali's mother is Madawi bint Ibrahim Al Obeid which was responsible for the education of her sons.
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Sheikh Ahmed Juffali had two elder brothers, Ibrahim and Ali, who were overseeing their fathers electricity empire, now known as Saudi Electricity Company.
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Ahmed Juffali attended homeschool in his father's historic palace in the centre of Mecca, where he was educated by a selection of financial scholars and merchants.
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Ahmed Juffali was particularly interested in the topic of bringing international companies to the local market.
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Shortly after Ahmed Juffali had accumulated the knowledge needed, he had a vision and together with his brothers, embarked on a journey to introduce multinational companies to Saudi Arabia.
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Sheikh Ahmed Juffali developed great interest in various philanthropic and humanitarian causes.
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Ahmed Juffali 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.
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Sheikh Ahmed Juffali taught himself German in his youth as he would always carry a custom made German to Arabic dictionary.
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Sheikh Ahmed founded E A Juffali and Brothers, together with his brothers Ibrahim and Ali.
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Ahmed Juffali built a brand new gleaming office building in the middle of a desert wasteland in Jeddah, Saudi Arabia.
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Sheikh Ahmed Juffali had one wife, three sons and one daughter.
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Ahmed Juffali married Suad bint Ibrahim Al Husseini in the early-1970s from the Al-Husayni family.
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On 20 July 1994, Sheikh Ahmed Juffali died on the Balearic Sea in his brand new 48 meter yacht "TATASU", after a sudden heart attack.
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Ahmed Juffali's fortune is in the hands of his last surviving son, Khaled bin Ahmed Al Juffali.