Current:Home > ScamsSurpassing Quant Think Tank Center|Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94 -Wealth Empowerment Zone
Surpassing Quant Think Tank Center|Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
Poinbank Exchange View
Date:2025-04-08 22:06:44
LONDON — Mohamed Al Fayed,Surpassing Quant Think Tank Center former owner of the famed Harrods department store in London whose son was killed in a car crash with Princess Diana, has died, his family said Friday. He was 94.
Al Fayed, a self-made Egyptian businessman who also once owned the Fulham Football Club, was devastated by the death of son Dodi Fayed in the car crash in Paris with Princess Diana 26 years ago. He spent the rest of his life mourning the loss and fighting the British establishment he blamed for their deaths.
"Mrs Mohamed Al Fayed, her children and grandchildren wish to confirm that her beloved husband, their father and their grandfather, Mohamed, has passed away peacefully of old age on Wednesday August 30, 2023," his family said in a statement released by the Fulham club. "He enjoyed a long and fulfilled retirement surrounded by his loved ones."
Al Fayed was convinced that Dodi and Diana were killed in a conspiracy masterminded by Prince Philip, the husband of Queen Elizabeth II. He maintained the royal family arranged the accident because they did not like Diana dating an Egyptian.
Al Fayed claimed that Diana was pregnant and planning to marry Dodi and that the royal family could not countenance the princess marrying a Muslim.
In 2008, Al Fayed told an inquest the list of alleged conspirators included Philip, then Prince Charles, former Prime Minister Tony Blair, Diana's sister Sarah McCorquodale, two former London police chiefs and the CIA. The inquest concluded that Diana and Dodi died because of the reckless actions of their driver and paparazzi chasing the couple.
Mohamed Al Fayed was the former owner of the major department store Harrods
Born on Jan. 27, 1929, in Alexandria, Egypt, Al Fayed was the son of a school inspector who began his business career with interests in shipping. He moved to Britain in the 1960s to set about building an empire.
He seemed to thrive on the limelight. Al Fayed hit the headlines in the 1980s as he battled with rival tycoon "Tiny" Rowland over control of the House of Fraser group, which included Harrods.
Al Fayed and his brother bought a 30% stake in House Of Fraser from Rowland in 1984, and took control of Harrods for 615 million pounds the following year. That transaction put him in conflict with British authorities. The Department of Trade and Industry investigation into the purchase found that the brothers had "dishonestly misrepresented their origins, their wealth, their business interests and their resources.''
Al Fayed applied for British citizenship, but his application was rejected in both 1995 and 1998.
The Sunday Times Rich List, which documents the fortunes of Britain's wealthiest people, put the family's fortune at 1.7 billion pounds ($2.1 billion) this year, making Al Fayed the 104th richest person in Britain.
'The Crown' Season 5 fact check:Historian explains what really happened with Diana and Charles
veryGood! (9172)
Related
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- Find Out Who Was Hiding Under An Umbrella at the 2024 Met Gala
- Bridgerton's Phoebe Dynevor Engaged to Cameron Fuller: See Her Debut Ring at Met Gala
- Why Rihanna Skipped Met Gala 2024 At the Last Minute
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Jenny arrives on the Met Gala block: See JLo's dazzling Schiaparelli look
- Pro-Palestinian protesters retake MIT encampment, occupy building at Rhode Island School of Design
- Gov. Kristi Noem suggests Biden's dog should be shot too: Commander, say hello to Cricket
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Doja Cat Stuns in See-Through Wet T-Shirt Dress at 2024 Met Gala
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Nosebleeds are common but can be a sign of something serious. Here's when to see a doctor.
- Sleeping Beauties, Reawaken Your Hair with These Products That Work While You Sleep
- Russia critic Kara-Murza wins Pulitzer for passionate columns written from prison cell
- Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
- WWE King and Queen of the Ring 2024 bracket: Schedule, results of tournament
- Bear dragged crash victim's body from car in woods off Massachusetts highway, police say
- Timberwolves center Rudy Gobert misses Game 2 in Denver after flying home for birth of his son
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Nicole Kidman Unveils Her Most Dramatic Dress Yet at 2024 Met Gala With Keith Urban
Parents need help regulating their children's social media. A government ban would help.
Snoop Dogg gets his own bowl game with Arizona Bowl presented by Gin & Juice
Olympic men's basketball bracket: Results of the 5x5 tournament
Dua Lipa's Confusing 2024 Met Gala Look Will Leave Your Head Spinning
Doja Cat Stuns in See-Through Wet T-Shirt Dress at 2024 Met Gala
University of Kentucky faculty issue no-confidence vote in school president over policy change