Iran Press/ Europe: His death comes almost 26 years to the day after the car crash in Paris that killed his eldest son, Dodi, and Diana, Princess of Wales, on 31 August 1997.
In a statement released by Fulham FC, his family said: “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 30 August 2023.
“He enjoyed a long and fulfilled retirement surrounded by his loved ones. The family have asked for their privacy to be respected at this time.”
Fayed was born in Alexandria and was the son of a schoolteacher.
He moved to Britain in the 1970s and in 1979, with his brother Ali, he bought the Paris Ritz Hotel.
The Fayeds’ next target was Harrods and in 1985, after a long and bitter battle with British businessman Roland “Tiny” Rowland, the brothers succeeded in clinching a £615m takeover bid for the Knightsbridge store.
Fayed sold Harrods in 2010 to the investment arm of Qatar’s sovereign wealth fund for a reported £1.5bn, although it was once reported he wanted to remain there even in death.
According to Forbes’ list of the world’s billionaires, Fayed was worth $1.9bn in November 2022.
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