Waleed Al Juffali

Waleed Al Juffali was a prominent Saudi businessman, known for his remarkable successes in various industries and extensive philanthropy. As Chairman of Ibrahim Al Juffali and Brothers, one of Saudi Arabia’s leading corporations, he significantly impacted the kingdom’s infrastructure and industrial sector. Beyond business, Al Juffali devoted much of his time and resources to charitable initiatives, supporting various social causes both domestically and internationally.

Waleed Al Juffali’s divorce from Christina Estrada marked one of Britain’s largest divorce settlements at $68 million.

At Arageek, we recognize that Waleed Al Juffali’s journey symbolizes a blend of impactful commercial endeavors and admirable philanthropy, setting an influential example of leadership driven by commitment, vision, and a responsibility towards society.

Born in Riyadh, Saudi Arabia on April 30, 1955, Waleed Ahmad Al Juffali belonged to a prominent family with a legacy in business and public services. His father, Ahmad Abdullah Al Juffali, was influential in Saudi Arabia’s commercial scene, while his mother, Dr. Souad Al Juffali, established the philanthropic Aoun Center for Disabled Children in Jeddah. Raised in a family renowned for entrepreneurship and philanthropy, Waleed Al Juffali studied abroad at the University of San Diego and Imperial College London, gaining the knowledge and international outlook he would later utilize in expanding his family’s business empire.

Waleed Al Juffali married Basma Sulaiman in 1980, with whom he had three children before divorcing in 2000. Tragically, his son Mohammed passed away at the age of 24, and his daughter Dina married a Saudi national. He later married American model Christina Estrada in 2001; the couple had one daughter before divorcing in 2014, in a heavily publicized legal battle that led to a record divorce settlement. In 2012, Al Juffali wed Lebanese media personality Loujain Adada in a lavish ceremony reportedly costing approximately $10 million. From this marriage, he had two children.

– His divorce from Christina Estrada was considered one of Britain’s largest-ever divorce settlements at around $68 million.

– His estate auctioned artworks and sculptures worth over £7 million in March 2018.

– His wedding to Loujain Adada featured a $30,000 wedding gown and jewelry worth almost $5 million.

– By June 2015, Al Juffali’s net worth was estimated at £4 billion.

On July 20, 2016, Waleed Al Juffali passed away at age 61 in a hospital in Zurich, Switzerland, fighting a prolonged battle with cancer. Funeral prayers were held at the Grand Mosque in Mecca, marking the end of a life deeply influential in business, society, and philanthropy.

Waleed Al Juffali played a pivotal role in Saudi Arabia’s economic progression through his multifaceted ventures, including:

– Serving as Chairman and executive leader of Ibrahim Al Juffali and Brothers, overseeing an economic empire that includes various enterprises encompassing numerous sectors.

– Developing critical infrastructure in Saudi Arabia by establishing electricity plants and networks in major cities, including Mecca, Jeddah, and Taif, as well as pioneering telecommunication networks nationwide.

– Establishing numerous successful subsidiaries, including Al Juffali Group for trade and industry, cement-production companies, and the Mercedes-BENZ truck assembly plant in Jeddah.

– Strengthening economic ties and partnerships between Saudi Arabia and several European nations, notably Germany.

– Actively participating as honorary ambassador and board member in several multinational companies, cementing the kingdom’s economic global connections.

– Significantly contributing to social welfare through ongoing charitable contributions and financing essential healthcare initiatives, orphanages, dialysis centers, and disability-treatment facilities across Saudi Arabia.

Beyond his wealth and enterprises, Waleed Al Juffali is remembered for his vision, negotiation skills, and determination to launch innovative projects. Through strategic thinking, creativity, and a remarkable understanding of the global economy, he built successful collaborations spanning industries and countries.