Ahmed bin Salman bin Abdulaziz Al Saud

Businessman

Birthday November 17, 1958

Birth Sign Scorpio

Birthplace Riyadh, Saudi Arabia

DEATH DATE 2002-7-22, Riyadh, Saudi Arabia (43 years old)

Nationality Saudi Arabia

#59078 Most Popular

1958

Ahmed bin Salman Al Saud (أحمد بن سلمان بن عبد العزيز آل سعود; 17 November 1958 – 22 July 2002) was a Saudi royal and media executive who was also a major figure in international thoroughbred horse racing.

He was the third son of Salman bin Abdulaziz Al Saud, then governor of Riyadh and current king of Saudi Arabia.

Prince Ahmed was born in Riyadh on 17 November 1958.

He was the third son of Salman bin Abdulaziz and Sultana bint Turki Al Sudairi.

Ahmed bin Salman was the full brother of Prince Fahd, Prince Sultan, Prince Abdulaziz, Prince Faisal and Princess Hassa.

Prince Ahmed first studied at Colorado School of Mines.

He then graduated from Wentworth Military Academy in Lexington, Missouri.

Later, Ahmed bin Salman continued his studies in the USA and attended the University of California, Irvine.

1980

He studied comparative culture and graduated from the university in the early 1980s.

Ahmed bin Salman joined the Saudi armed forces before dealing in business.

1985

After leaving the Saudi armed forces in 1985 he established ASAS, a company which specialized in maintenance and contracting.

1986

They married in 1986 and had four daughters and a son.

1989

He became chairman of the Saudi Research and Marketing Group (SRMG) in 1989, a media company with offices in Riyadh and Jeddah as well as in London and Washington D.C. Prince Ahmed also bought 80 percent of the daily, Asharq Al Awsat, which is a publication of the SRMG.

The SRMG was reported to be the largest media company in the Arab world.

However, the business was worth $90 million when Prince Ahmed took over the company.

Its assets had grown to nearly $533 million at the point he died.

After his death, his full brother Prince Faisal became the chairman of SRMG.

Ahmed bin Salman began horseracing activity with his college friend Richard Mulhall as his horse trainer and eventually his manager of racing operations.

First he bought a gray stallion named Jumping Hill.

1994

Then, Prince Ahmed began racing under the name Universal Stable until 1994.

Later, he created the Thoroughbred Corporation and became the principal partner of this company.

In 1994 when the operation resurfaced as The Thoroughbred Corporation, with Mulhall retiring as a trainer and taking on the job of racing manager.

Mulhall is the president of the operation.

The pair would go on to racing greatness, both with sales purchases and homebreds.

1999

In 1999 Ahmed bin Salman won The Derby with Oath.

2001

He also won the Preakness and Belmont Stakes with the 2001 horse of the year, Point Given.

The Thoroughbred Corp.'s roster reads like a who's who of racing in the past decade, with such greats as Sharp Cat, Lear Fan, Jewel Princess, Windsharp, Military, Royal Anthem, Anees, Officer, Habibti, Spain, 2001 Horse of the Year Point Given, and this year's dual classic winner War Emblem.

Thoroughbred Corp. has approximately 60 horses in training mostly stabled with Bob Baffert, D. Wayne Lukas, and John Shireffs, along with 45 broodmares, mostly at Mill Ridge Farm in Lexington.

His name will always be associated with War Emblem, his one Kentucky Derby winner, which he quipped was "one of the best investments I ever made in my life, besides buying oil in Saudi Arabia," after he won the Preakness.

He bought a 90% share in the colt just three weeks before the Derby, and with the win, became the first Arab owner to capture the Roses.

Ahmed bin Salman was appointed secretary-general of the Prince Fahd bin Salman Charitable Association for Kidney Patients, and was a member of the charity’s board of directors following the death of his elder brother Fahd bin Salman in 2001.

Prince Ahmed was survived by his wife, Lamia bint Mishaal, daughter of Mishaal bin Saud Al Saud.

2002

He also achieved another dream by winning the Kentucky Derby with War Emblem in May 2002, making him the first Arab horse owner to win this race.

War Emblem was sold to Prince Ahmed just three weeks before the race after the horse won the Illinois Derby.

The price of the horse was $900,000.

Prince Faisal, his brother, succeeded him as the head of the Thoroughbred Corporation after his death in 2002.

Ahmed bin Salman also owned Spain, horse racing's all-time female money-winner.

He is one of only four men to have raced both a Kentucky Derby winner and an Epsom Derby winner.

The others are John W. Galbreath, Michael Tabor, and Paul Mellon.

With his college friend Richard Mulhall as trainer, he got into the racing business initially as Universal Stable.