Current:Home > MarketsMohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94 -AssetScope
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
View
Date:2025-04-15 01:08:20
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! (9)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- New figures reveal scope of military discrimination against LGBTQ troops, with over 29,000 denied honorable discharges
- Search for missing Titanic sub yields noises for a 2nd day, U.S. Coast Guard says
- What Dr. Fauci Can Learn from Climate Scientists About Responding to Personal Attacks Over Covid-19
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Rep. Jamie Raskin says his cancer is in remission
- Chicago children's doctor brings smiles to patients with cast art
- Her job is to care for survivors of sexual assault. Why aren't there more like her?
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Trump wants the death penalty for drug dealers. Here's why that probably won't happen
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Will artificial intelligence help — or hurt — medicine?
- Alaska’s Big Whale Mystery: Where Are the Bowheads?
- Where Joe Jonas Stands With Taylor Swift 15 Years After Breaking Up With Her Over the Phone
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Pro-DeSantis PAC airs new ad focused on fight with Disney, woke culture
- Florida deputy gets swept away by floodwaters while rescuing driver
- New York prosecutors subpoena Trump deposition in E. Jean Carroll case
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Across America, Activists Work at the Confluence of LGBTQ Rights and Climate Justice
First U.S. Nuclear Power Closures in 15 Years Signal Wider Problems for Industry
RHONJ's Teresa Giudice Wants Melissa Gorga Out of Her Life Forever in Explosive Reunion Trailer
Don't let hackers fool you with a 'scam
Biden refers to China's Xi as a dictator during fundraiser
California Startup Turns Old Wind Turbines Into Gold
Wind Industry, Riding Tax-Credit Rollercoaster, Reports Year of Growth