Current:Home > StocksIndexbit-Businessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94 -VitalWealth Strategies
Indexbit-Businessman Mohamed Al Fayed, father of Dodi Al Fayed, dead at 94
Indexbit Exchange View
Date:2025-04-10 14:13:06
Mohamed Al Fayed,Indexbit 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! (3)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Ultramarathon runner took third place – then revealed she had taken a car during the race
- TikTok bans misgendering, deadnaming from its content
- Kendall Jenner Reflects on Being a Baby at Start of Modeling Career
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- China approves coal power surge, risking climate disasters, Greenpeace says
- 15 Baking Essentials for National Pi Day That Are Good Enough To Eat
- Stylist Law Roach Calls Out Lies and False Narratives in Apparent Retirement Announcement
- Current, future North Carolina governor’s challenge of power
- Zaya Wade Shares How Her Family's Support Impacted Her Journey of Self-Discovery
Ranking
- B.A. Parker is learning the banjo
- Facebook suspends Marjorie Taylor Greene's account over COVID misinformation
- Transcript: Former Vice President Mike Pence on Face the Nation, April 23, 2023
- Hackers disrupt payroll for thousands of employers — including hospitals
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Amazon raises price of annual Prime membership to $139
- 'Halo Infinite' wows on both single and multiplayer — but needs more legacy features
- Russia admits its own warplane accidentally bombed Russian city of Belgorod, near Ukraine border
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Why Curly Girls Everywhere Love Tracee Ellis Ross' Pattern Hair Care
2023 Coachella & Stagecoach Packing Guide: Necklaces, Rings, Body Chains, & More to Complete Your Outfit
An undersea cable fault could cut Tonga from the rest of the world for weeks
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Next Bachelorette Revealed: Find Out the Leading Lady From Zach Shallcross' Bachelor Season
Everything We Know About The Last of Us Season 2
Kronos hack will likely affect how employers issue paychecks and track hours