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Egyptian businessman Mohamed Al Fayed has passed away in London. The 94-year-old was a self-made billionaire.

He owned Harrods, the exclusive and luxurious department store in London as well as Fulham FC.

The news broke when the football club released a statement:

“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 died almost 26 years to the day that his eldest son, Dodi died in a car crash alongside Diana, Princess of Wales. The pair died on 31 August 1997 in Paris after being chased by paparazzi.

The Guardian reports that Fayed was born in Alexandria and was the son of a schoolteacher. His break in business came after he met his first wife, Samira Khashoggi, who employed him in his Saudi Arabian import business.

At the time of his death, he also owned the Paris Ritz Hotel with his brother Ali.

Image credit: NBC News

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