Current:Home > InvestMohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94 -AssetBase
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
View
Date:2025-04-14 19:03:58
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! (41345)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- NASA telescope reveals 7 new planets orbiting distant star hotter than the sun
- Tensions spike in Rio de Janeiro ahead of Copa Libertadores soccer final and after Copacabana brawl
- Ben Simmons - yes, that Ben Simmons - is back. What that means for Nets
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- German club Mainz terminates Anwar El Ghazi’s contract over social media posts on Israel-Hamas war
- Inside Anna Wintour's Mysterious Private World
- Meg Ryan on what romance means to her — and why her new movie isn't really a rom-com
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- The humanitarian crisis in Gaza is growing as Blinken seeks support for a temporary cease-fire
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- 2 killed as flooding hits Kenya, sweeping away homes and destroying roads, officials say
- Third suspect surrenders over Massachusetts shooting blamed for newborn baby’s death
- Judge says ex-UCLA gynecologist can be retried on charges of sexually abusing female patients
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- NASA telescope reveals 7 new planets orbiting distant star hotter than the sun
- Why Hilarie Burton's Kids Call Her a Nobody Compared to Famous Dad Jeffrey Dean Morgan
- A Florida boy called 911 without an emergency. Instead, he just wanted to hug an officer
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Arkansas sheriff arrested on charge of obstruction of justice
Vanessa Hudgens Reveals Why She's So Overwhelmed Planning Her Wedding to Cole Tucker
Russia steps up its aerial barrage of Ukraine as Kyiv officials brace for attacks on infrastructure
Federal hiring is about to get the Trump treatment
If you think you are hidden on the internet, think again! Stalk yourself to find out
Massive storm in Europe drops record-breaking rain and continues deadly trek across Italy
Ohio will vote on marijuana legalization. Advocates say there’s a lot at stake