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VOL. 130 | NO. 31 | Monday, February 16, 2015

Saudi Prince set to Visit Memphis Monday

By Andy Meek

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A member of the Saudi royal family, Prince Khaled bin Alwaleed, is scheduled to visit Memphis Monday, touring locations that include the Ronald McDonald House of Memphis.

The prince, who’s also the founder of private investment company KBW Investments, is set to tour the Ronald McDonald House facilities and have lunch with the organization’s staff, board members and founders. While there, he’ll also speak with families and learn about the organization’s history and mission, among other things.

As of Sunday afternoon, despite the threat of winter weather Monday, the prince's visit was still scheduled to take place. His visit also is set to include other historic locations in Memphis, according to the Ronald McDonald House.

The prince’s company has holdings across a variety of industries, including construction, engineering, mining and energy, with the companies spanning three continents.

According to a biography provided by the Memphis nonprofit, the prince is a technology enthusiast, animal rights advocate and a “passionate voice for the entrepreneurial energy” of the Middle East.

He was born in Stanford, Calif., in 1978 and spent his youth in Riyadh, where he lives today.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 437 16,061
MORTGAGES 76 508 18,556
FORECLOSURE NOTICES 8 56 2,461
BUILDING PERMITS 241 876 33,390
BANKRUPTCIES 64 301 10,314
BUSINESS LICENSES 15 125 5,303
UTILITY CONNECTIONS 0 108 6,256
MARRIAGE LICENSES 19 98 3,511