Current:Home > ContactMohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94 -FutureWise Finance
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
View
Date:2025-04-17 05:42:17
LONDON — Mohamed Al Fayed, 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! (21)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Sister Wives Season 19 Trailer Shows Kody Brown's Relationships Unravel After Marrying Wrong Person
- Ryan Reynolds Details How His Late Father’s Health Battle Affected Their Relationship
- ‘Lab-grown’ meat maker files lawsuit against Florida ban
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Paris gymnastics scoring saga and the fate of Jordan Chiles' bronze medal: What we know
- People's Choice Country Awards 2024 Nominees: See the Complete List
- Kaley Cuoco Engaged to Tom Pelphrey After More Than 2 Years of Dating
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Developers of stalled Minnesota copper-nickel mine plan studies that may lead to significant changes
Ranking
- Intel's stock did something it hasn't done since 2022
- Firefighters gain 40% containment of California’s fourth-largest wildfire on record
- Agents seize nearly 3,000 pounds of meth hidden in celery at Georgia farmers market
- Suburban New York county bans masks meant to hide people’s identities
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Commanders sign WR Martavis Bryant, giving him a chance to play in NFL for 1st time since 2018
- Jim Harbaugh won't serve as honorary captain for Michigan football season opener after all
- Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Wisconsin primary voters oust more than a half-dozen legislators, setting stage for Dem push in fall
NBC reveals Peacock broadcast team for NFL's first regular season game in Brazil
Trump-backed US Rep. Celeste Maloy wins Republican primary in Utah after recount, court case
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Olympic Breakdancer Raygun's Teammate Jeff “J Attack” Dunne Reacts to Her Controversial Debut
Firefighters gain 40% containment of California’s fourth-largest wildfire on record
Turnout in Wisconsin election tops 26%, highest in 60 years for fall primary in presidential year