Mohamed Al-Fayed, Business Mogul Whose Son Died With Princess Diana, Passes Away At 94

Mohamed al-Fayed, the Egyptian tycoon known for his ownership of Harrods department store and the Fulham Football Club, passed away on August 30 at the age of 94.

What Happened: The death was announced by a family statement issued through the Fulham Football Club, a team previously owned by Al-Fayed. More details regarding his passing were not immediately available, The Washington Post reported.

Born in Egypt, Al-Fayed became a prominent figure in Britain, where he was seen as both an inspirational empire-builder and a controversial figure. His vast holdings included the iconic Harrods department store, and he was known for his belief in a conspiracy surrounding the death of his son Dodi and Princess Diana.

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Al-Fayed’s wealth was estimated at $2 billion by Forbes in 2022. Despite the controversies surrounding him, his influence on London’s life and economy, particularly through the influx of Arab money, was undeniable.

Al-Fayed’s life was marked by both his notable achievements and his eccentricities. His ownership of the Fulham Football Club was highlighted by his decision to erect a statue of his late friend Michael Jackson outside the stadium in 2011.

Despite his significant contributions and wealth, Al-Fayed’s attempts at gaining British citizenship were consistently denied, likely due to his public feuds and controversial statements.

Read Next: One company you can invest in is revolutionizing the $16.4 billion influencer marketing space. It allows anyone to make money by promoting businesses to their friends on social media.

Photo by Featureflash Photo Agency on Shutterstock


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