Mohamed Al-Fayed net worth at death
He was an Egyptian businessman who, starting in the middle of the 1960s, made his primary residence and commercial interests in the United Kingdom. His financial activities included holding ownership of the London-based Fulham Football Club, the Harrods department store, and the Hôtel Ritz Paris. A shipping business that Fayed and his brothers started in…
He was an Egyptian businessman who, starting in the middle of the 1960s, made his primary residence and commercial interests in the United Kingdom.
His financial activities included holding ownership of the London-based Fulham Football Club, the Harrods department store, and the Hôtel Ritz Paris.
A shipping business that Fayed and his brothers started in Egypt later relocated to Genoa, Italy, with further offices in London.
Around 1964, Fayed grew close to François Duvalier, a.k.a. “Papa Doc,” the president of Haiti, and expressed interest in establishing a Fayed-Duvalier oil refinery there. Additionally, he was friends with geologist George de Mohrenschildt.
When a sample of “crude oil” offered by Haitian associates turned out to be low-grade molasses, Fayed ended his stay there six months later.
Mohamed Al-Fayed net worth at death
His financial activities included holding ownership of the London-based Fulham Football Club, the Harrods department store, and the Hôtel Ritz Paris.
Fayed’s wealth was projected to be over $2 billion when he passed away in 2023, ranking him as the 1,493rd richest person in the world.
