The Egyptian Billionaire Mohamed Al Fayed He died at the age of 94 last Wednesday surrounded by his loved ones, his family reported in a statement reproduced this Friday by British media.
The businessman was born in Alexandria (Egypt) and moved to the United Kingdom in the 1960s, where he and his brothers acquired the House of Fraser firm, owner of harrodsand the Ritz Hotel in Paris.
Al Fayed gained worldwide notoriety when his eldest son, Dodi, died in a car accident in Paris along with Princess Diana of Wales on August 31, 1997.
“Ms. Mohamed Al Fayed, her children and grandchildren wish to confirm that her beloved husband, father and grandfather, Mohamed, passed away peacefully of old age on Wednesday, August 30, 2023,” the family said in a statement published by the British newspaper. Guardian.
“He enjoyed a long and full retirement surrounded by his loved ones. The family has asked that their privacy be respected at this time,” the statement added.
In addition to investing in hotel, mining and shipping companies, Al Fayed also ventured into the world of sports by purchasing the English football club Fulham.
The death of Dodi and Lady Di
Al Fayed assured for years that the death of his son Dodi and the princess Diana of Wales was not accidental during the pursuit of a group of paparazzi through the streets of Paris and said that the British security services were behind what happened.
However, the French Police concluded that it was an accident caused by the excess speed of the vehicle in which Diana and Dodi Al Fayed. In addition, it was established that the driver of the car had drunk alcohol that night.