Current:Home > MarketsBusinessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94 -Blueprint Money Mastery
Businessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94
View
Date:2025-04-11 19:57:10
Mohamed Al Fayed, the wealthy Egyptian businessman whose son, Dodi, was killed in a car crash with Princess Diana 26 years ago, passed away at the age of 94.
The British soccer club Fulham FC, which Al Fayed owned from 1997 to 2013, announced his passing on its website by the team's current owner, Shahid Khan.
"I always enjoyed my time with Mr. Al Fayed, who was wise, colourful and committed to Fulham, and I am forever grateful for his trust in me to succeed him as Chairman in 2013," Khan said in a statement.
Born in Alexandria, Al Fayed worked in several businesses, including a Saudi Arabian import company, and quickly gained prominence in the international business world. In the 1970s he moved to the London and in 1979 he bought the Ritz Hotel in Paris.
Six years later, he and his brothers bought House of Fraser, the parent company of Harrods department store.
Al Fayed would sell Harrods in 2010.
Al Fayed also owned real estate in Scotland and New York.
Following the death of his 42-year-old son in 1997, Al Fayed openly questioned the circumstances and promoted conspiracies that the British government and royal family were responsible. Investigations into the crash refuted his conspiracies.
He continued to speak out against the royal family and the paparazzi for the fatal crash.
veryGood! (4486)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Colorado police shot, kill mountain lion after animal roamed on school's campus
- Insurance magnate pleads guilty as government describes $2B scheme
- Inflation ticked up in October, CPI report shows. What happens next with interest rates?
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
- RHOP's Candiace Dillard Bassett Gives Birth, Shares First Photos of Baby Boy
- 3 Iraqis tortured at Abu Ghraib win $42M judgement against defense contractor
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Get $103 Worth of Tatcha Skincare for $43.98 + 70% Off Flash Deals on Elemis, Josie Maran & More
- US Congress hopes to 'pull back the curtain' on UFOs in latest hearing: How to watch
- Hurricane forecasters on alert: November storm could head for Florida
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- LSU student arrested over threats to governor who wanted a tiger at college football games
- Alexandra Daddario shares first postpartum photo of baby: 'Women's bodies are amazing'
- Gun groups sue to overturn Maine’s new three-day waiting period to buy firearms
Recommendation
Travis Hunter, the 2
Georgia State University is planning a $107M remake of downtown Atlanta
Wildfires burn on both coasts. Is climate change to blame?
Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Investigation into Chinese hacking reveals ‘broad and significant’ spying effort, FBI says
Stock market today: Asian shares meander, tracking Wall Street’s mixed finish as dollar surges
Philadelphia mass transit users face fare hikes of more than 20% and possible service cuts