Mohamed Al Fayed Net Worth is$1.4 Billion
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Profession: Businessperson | Film Producer | Actor
Date of Birth: Jan 27, 1929
Nicknames: Mohamed Abdel Moneim Fayed, Mohamed Al Fayed, Mohamed Fayed
Ethnicity: Arab diaspora
Country: Egypt
Mohamed Al Fayed net worth: Mohamed Al Fayed is an Egyptian business magnate who has a net worth of $1.4 billion. Mohamed Al Fayed is a world-renowned businessman and philanthropist. Mohamed Al Fayed heads the AlFayed Foundation, the English Premiership football team Fulham and, until 2010, he controlled one of the world's largest department stores, Harrods Department Store, Knightsbridge. He sold Harrods to Qatar Holding for a reported $2.4 billion. Hence, he turned his attention to online retail, purchasing UK-based discount fashion website, Cocosa, in 2011. The same year, he acquired a controlling stake in Princess Kate Middleton's favorite designer brand, Issa, for his daughter Camilla. The London-based Egyptian is also the owner of famed Hotel Ritz in Paris, which was closed in August 2012 due to reconstruction. Reportedly, it is the biggest redo of the hotel, ever since it was built in 1898, and it is expected to last for more than two years. Furthermore, he has a castle in Scotland and ground lease on 75 Rockefeller Plaza in New York. As for his family, he is married with the former Finnish model Heini Wathen, with whom he has four children: Jasmine, Karim, Camilla and Omar. Fayed's first son, Dodi, from his marriage to his first wife Samira Khashoggi, died in a car accident in Paris along with Princess Diana.
Mohamed Abdel Moneim Al-Fayed (Arabic: U??-U??? ?????? ??U?U?U???U? ??U?U???U???a?? Mua,?ammad E?Abd al-MunE?im al-FA?yid, IPA: [mA?E?A?A?mmA?d E?A?bdelE?menE?em elE?fA?E?jed]; born 27 January 1929) is an Egyptian business magnate. Amongst Fayed's business interests are ownership of the English Premiership football team Fulham Football Club, HA?tel Ritz Paris and formerly Harrods Department Store, Knightsbridge. Fayed has four siblings: Ali, Salah, Soaad and Safia. Fayed's first son, Dodi, from his first marriage to Samira Khashoggi, died in a car crash in Paris along with Diana, Princess of Wales and driver Henri Paul on 31 August 1997. Fayed married Finnish socialite and former model Heini WathA(C)n in 1985, with whom he had four children: Jasmine, Karim, Camilla and Omar. Fayed's wealth is estimated at $1.2 billion, making him the 993rd-richest person in the world.
Born in Bakos, Alexandria, Egypt, as the eldest son of an Egyptian primary school teacher, Fayed's first entrepreneurial venture began at school where he sold homemade lemonade. He was married for two years, from 1954 to 1956, to Samira Kashoggi. Fayed worked for his wife's brother, Saudi Arabian arms-dealer and businessman, Adnan Khashoggi.
Fayed and his brothers founded a shipping company in Egypt before moving its headquarters to Genoa, Italy with additional offices in London. Around 1964 Fayed entered a close relationship with Francois Duvalier and became interested in the construction of a Fayed-Duvalier oil refinery in Haiti. He also associated with the geologist George de Mohrenschildt. Fayed terminated his stay in Haiti six months later when a sample of "crude oil" provided by Haitian associates proved to be low-grade molasses. It was then that Fayed moved to England where he lived in central London. In the mid 1960s, Fayed met the ruler of Dubai, Sheikh Rashid al Makhtoum who entrusted Fayed with helping transform Dubai. Fayed introduced British companies like the Costain Group (of which

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Mohamed Al Fayed Latest News

That Maradona statue is not the only questionable statue in sport

It’s hard to believe that it actually happened now, isn’t it? Did former Fulham owner Mohamed Al Fayed really install a 7ft 6in statue of Michael Jackson outside of Craven Cottage in 2011? Mr Al Fayed insisted that the pop legend was a Fulham fan and ...
Posted: December 14, 2017, 5:26 am

British celebrity publicist Max Clifford dies while imprisoned for sexual assault

His clients included TV mogul Simon Cowell and former Harrods owner Mohamed al-Fayed, as well as dozens of ordinary people who found themselves in the news vortex and sought to sell their stories to the press — a common practice in Britain. The public ...
Posted: December 10, 2017, 2:40 pm

The rise and fall of a mining company that tried to buy Harrods

Later, Rowland led a high-profile, bitter and ultimately unsuccessful scrap with Mohamed al-Fayed for control of London department store Harrods. It involved Rowland reporting to police that al-Fayed had broken into his deposit box at the store.
Posted: December 15, 2017, 2:41 pm
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