Middle East

Egyptian Billionaire Mohamed al-Fayed Passes Away


Mohamed al-Fayed, the Egyptian self-made billionaire known for acquiring Harrods department store and promoting the controversial conspiracy theory implicating the British royal family in the deaths of his son and Princess Diana, has passed away, as confirmed by his family.

Hailing from Alexandria, Egypt, al-Fayed embarked on his journey by selling carbonated beverages and later worked as a sewing machine salesman. He amassed his family’s wealth through ventures in real estate, shipping, and construction, initially in the Middle East and subsequently in Europe.

Despite possessing prominent establishments like Harrods, Fulham, and the Ritz hotel in Paris, al-Fayed remained somewhat of an outsider in British society, tolerated but not fully embraced.

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