Khalid bin Abdullah Al Saud (1937–2021)

Khalid bin Abdullah Al Saud (Arabic: خالد بن عبدالله آل سعود Khalid bin ʿAbdullāh Āl Suʿūd; 1937 – January 2021) was a member of the House of Saud. He had extensive business interests, run through Mawarid Holding, but is probably best known as the owner of Juddmonte Farms. As such, he was one of the leading figures in the world of thoroughbred horseracing and the list of outstanding horses to have competed in his racing colours includes Arrogate, Dancing Brave, Enable, and Frankel.

Prince Khalid was one of the sons of Abdullah bin Abdul Rahman, a younger half-brother of King Abdulaziz, the founder of Saudi Arabia. His mother was Noura bint Fahd Al Muhanna Aba Al Khail.

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

In October 1980 Khalid bin Abdullah and Suleiman Olayan bought stocks from First Chicago Corporation. They also had stocks of various American banks, including Mellon Bank, Pittsburgh; Western Bancorp, Los Angeles; Valley National Bank, Phoenix; Hawaii Bancorp, Honolulu; Southeast Bancorp, Miami; National City Bank, Cleveland and First Bank Systems, Minneapolis.

The main business vehicle of Khalid bin Abdullah was 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. 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. He was the owner of Orbit Communications Company, a privately owned Pay TV network operating in Bahrain. 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.

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

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

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