Current:Home > MarketsBusinessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94 -Streamline Finance
Businessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94
View
Date:2025-04-17 20:30:55
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! (4)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Who's facing the most pressure in the NHL? Bruins, Jeremy Swayman at impasse
- Britney Spears Shares She Burned Off Hair, Eyelashes and Eyebrows in Really Bad Fire Accident
- No arrests in South Africa mass shootings as death toll rises to 18
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Alabama takes No. 1 spot in college football's NCAA Re-Rank 1-134 after toppling Georgia
- Did 'SNL' mock Chappell Roan for harassment concerns? Controversial sketch sparks debate
- How to get your share of Oracle's $115 million class-action settlement; deadline is coming
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Katie Meyer's family 'extremely disappointed' Stanford didn't honor ex-goalie last week
Ranking
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Wisconsin prisons agree to help hearing-impaired inmates under settlement
- Giants name former catcher Buster Posey new President of Baseball Operations, replacing Farhan Zaidi
- Harris, Trump shift plans after Hurricane Helene’s destruction
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- West Virginia lawmakers delay taking up income tax cut and approve brain research funds
- Biden administration doubles down on tough asylum restrictions at border
- North Carolina town bands together after Helene wreaked havoc: 'That's what we do'
Recommendation
Chief beer officer for Yard House: A side gig that comes with a daily swig.
Helene's brutal toll: At least 100 dead; states struggling to recover. Live updates
2024 NBA Media Day: Live updates, highlights and how to watch
Martin Short Details Nervous First Day on Only Murders Set with Meryl Streep
Olympic men's basketball bracket: Results of the 5x5 tournament
Cutting food waste would lower emissions, but so far only one state has done it
2 ex-officers did not testify at their trial in Tyre Nichols’ death. 1 still could
Measure to expand medical marijuana in Arkansas won’t qualify for the ballot