Current:Home > FinanceMohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94 -Secure Horizon Growth
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
View
Date:2025-04-24 05:44:53
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! (37)
Related
- A South Texas lawmaker’s 15
- Israel moving thousands of troops out of Gaza, but expects prolonged fighting with Hamas
- Bachelor Nation's Kaitlyn Bristowe Denies Cheating on Jason Tartick After Being Spotted With Zac Clark
- Missing Chinese exchange student found safe in Utah following cyber kidnapping scheme, police say
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Last-of-its-kind College Football Playoff arrives with murky future on horizon
- North Korea to launch 3 more spy satellites, Kim Jong Un says
- Powerful earthquakes leave at least four dead, destroy buildings along Japan’s western coast
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Owen the Owl was stranded in the middle the road. A Georgia police officer rescued him.
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Rohingya refugees in Sri Lanka protest planned closure of U.N. office, fearing abandonment
- It keeps people with schizophrenia in school and on the job. Why won't insurance pay?
- First chance to see meteors in 2024: How to view Quadrantids when meteor showers peak
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Access to busy NYC airport’s international terminal restricted due to pro-Palestinian protest
- A Colorado mother suspected of killing 2 of her children makes court appearance in London
- Basdeo Panday, Trinidad and Tobago’s first prime minister of Indian descent, dies
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Missing Chinese exchange student found safe in Utah following cyber kidnapping scheme, police say
A crash on a New York City parkway leaves 5 dead
Christian McCaffrey won't play in 49ers' finale: Will he finish as NFL leader in yards, TDs?
Retirement planning: 3 crucial moves everyone should make before 2025
What's open New Year's Eve 2023? What to know about Walmart, Starbucks, stores, restaurants
How Dominican women fight child marriage and teen pregnancy while facing total abortion bans
Hail and Farewell: A tribute to those we lost in 2023