LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Former Harrods owner Mohamed Al Fayed dies aged 94

Philip Roth by Philip Roth
September 1, 2023
in UK
Former Harrods owner Mohamed Al Fayed dies aged 94
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



F

ormer Harrods owner Mohamed Al Fayed has died at the age of 94, his family have announced.

In a statement released by Fulham FC, his family said: “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.

“He enjoyed a long and fulfilled retirement surrounded by his loved ones. The family have asked for their privacy to be respected at this time.”

Sky News reported a funeral was held for Mr Al Fayed after Friday prayers at London Central Mosque in Regent’s Park.

You might also like

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet

Four people hospitalised after gas leak in Kilburn

FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils $50bn US spending

Read More

In the years after the death of his son Dodi Fayed, an Egyptian film producer, alongside Diana, Princess of Wales in a car crash in Paris in 1997, Mr Al Fayed repeatedly claimed they were murdered in a plot by the British establishment.

The billionaire’s relationship with the royal family was recently depicted in season five of The Crown, where Mr Al Fayed, played by Salim Daw, was seen getting to know Diana.

The businessman was born in Alexandria in Egypt and came to London in the 1960s where he set about building his empire.

Mr Al Fayed had taken control of Harrods in 1985 and he had also purchased the Ritz hotel in Paris in 1979; and was known for being the owner of Fulham FC between 1997 and 2013.

In 2010, he decided to sell Harrods to Qatar’s royal family for a reported £1.5 billion and three years later he sold Fulham FC, to Shahid Khan, owner of American football team Jacksonville Jaguars, who has now owned the club for 10 years.

Mr Al Fayed had once shown the “King of Pop” Michael Jackson around Fulham FC’s Craven Cottage in 1999 and in 2011 he installed a statue in honour of the singer outside Fulham’s ground, which was later taken down in 2013.

In the 1990s, Mr Al Fayed tried to become a British citizen and failed in his attempts.

He made his first application for British citizenship in 1993 and in 1999, weeks after his brother Ali was granted British citizenship, he was declared unfit to hold a British passport by then-home secretary Jack Straw.

Mr Al Fayed appealed against the decision and Lords Justice Nourse, Kennedy and Rix dismissed Mr Al Fayed’s appeal that Mr Straw had been biased when he refused the citizenship application.

The business man also lost a High Court Battle against John Prescott allowing him to be able to land his helicopter on the roof of Harrods.

At the time, a spokesman for the Harrods owner said that the decision was “backward-looking.”

Mr Al Fayed was one of the most famous business tycoons in the world and the Sunday Times Rich List from 2021 reported that Mohamed Al-Fayed and family were worth around £1.7 billion.



Source link

Share30Tweet19
Previous Post

Man Utd confirm Sofyan Amrabat transfer to bolster midfield on deadline day

Next Post

Billionaire who bought Harrods and fell out with royals after son’s death

Philip Roth

Philip Roth

Recommended For You

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet
UK

Trump’s first six months fuels 15,000 new Bitcoin millionaires – London Business News | London Wallet

July 22, 2025
Four people hospitalised after gas leak in Kilburn
UK

Four people hospitalised after gas leak in Kilburn

July 22, 2025
FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils bn US spending
UK

FTSE 100 Live: Centrica nuclear stake, AstraZeneca unveils $50bn US spending

July 22, 2025
Arsenal vs AC Milan: Prediction, kick-off time, team news, odds, h2h
UK

Arsenal vs AC Milan: Prediction, kick-off time, team news, odds, h2h

July 22, 2025
Next Post
Billionaire who bought Harrods and fell out with royals after son’s death

Billionaire who bought Harrods and fell out with royals after son’s death

Related News

Stormzy responds to ‘twisted narrative’ over McDonald’s collaboration

Stormzy responds to ‘twisted narrative’ over McDonald’s collaboration

February 21, 2025
Rayner pledges to kickstart ‘devolution revolution’ to support housing and planning | Property Week

Rayner pledges to kickstart ‘devolution revolution’ to support housing and planning | Property Week

July 16, 2024
Shaping the future of Web3 employment: Intropia joins Cointelegraph Accelerator

Shaping the future of Web3 employment: Intropia joins Cointelegraph Accelerator

May 24, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?