Mohamed Al-Fayed: A Life of Controversy
Mohamed Al-Fayed, the Egyptian-born tycoon who made his fortune in the United Kingdom, passed away on August 31, 2023 at the age of 94. Al-Fayed was a controversial figure who had a long-running feud with the British royal family.
Early Life and Business Ventures
Al-Fayed was born in Alexandria, Egypt in 1929. He was the son of a wealthy cotton merchant and was educated in Switzerland. After completing his studies, Al-Fayed returned to Egypt and began working in his father’s business.
In the late 1950s, Al-Fayed moved to London and began investing in real estate. He quickly made a name for himself as a shrewd businessman and was able to acquire a number of high-profile properties, including the Ritz Hotel in Paris.
Feud with the Royal Family
Al-Fayed’s feud with the British royal family began in the late 1980s when he purchased the Harrods department store in London. Al-Fayed was a vocal critic of the royal family and often made public statements that were critical of them.
This feud reached its peak in 1997 when Al-Fayed’s son, Dodi, was killed in a car crash alongside Princess Diana. Al-Fayed was convinced that the crash was a result of a conspiracy by the royal family and he spent the rest of his life trying to prove it.
Philanthropy and Legacy
Despite his controversial reputation, Al-Fayed was also known for his philanthropy. He was a major donor to a number of charities, including the Great Ormond Street Hospital in London.
Al-Fayed was also a passionate supporter of the Egyptian national football team and was a major sponsor of the team for many years.
Al-Fayed’s legacy will be remembered for his business acumen and his long-running feud with the British royal family. He was a controversial figure who was never afraid to speak his mind and challenge the status quo.