Muhammad Al Fayed Passed Away
Prominent Businessman and Former Owner of Herd's Company, Mohammed Al-Fayed
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Prominent businessman and
former owner of Herd's Company, Mohammed Al-Fayed, died on Wednesday at the age
of 94. He made headlines when his son Dodi
Al-Fayed was killed in a car accident with British Princess Diana. Al-Fayed
was born in Egypt and built a business empire in the Middle East before moving
to Britain in the 1970s. However, his desire to obtain a passport to his new
country never wavered.
Dodi's Father
Dodi's father, who was
never granted British citizenship, died in a car accident with Diana. Later in
life, he questioned the circumstances surrounding Diana's and Dodi's deaths. Mr
Al Fayed has remained out of the public eye for most of the past decade, living
with his wife Heaney in his mansion in Surrey. The family released a statement
on Friday stating that Mrs. Mohammed
Al Fayed, his children, and grandchildren would like to confirm that their
beloved husband, father, and grandfather Muhammad Al Fayed peacefully passed
into eternal sleep on Wednesday, August 30, 2023. He enjoyed a long and
fulfilling retirement with his loved ones.
Football Club Owner
Fulham Football Club said
it was "incredibly saddened to learn of his death". It should be
noted that Al Fayed was the owner of this football club for many years. The
football club said in a statement: "We are grateful to Mohammad for the
many things
he has done for our club, and our best wishes are now with his family and
friends at this time of grief. His successor at the club is Shahid Khan.
"Fulham's story cannot be told without the positive impact of Mr Al Fayed
as chairman. His legacy is the Premier League, and Europa League final, And the
magical moments of players and teams will be remembered for our promotion.
Dodi And Princess Diana
Journalist Piers Morgan
described Al-Fayed as "a force" who "couldn't get over the death
of his beloved son Dodi in the crash that also
killed Princess Diana." He added that he had a complex personality. But we
loved him. Al-Fayed became a big name in business in Egypt, selling fizzy
drinks on the streets of his native Alexandria. All his connections turned out
to be true. He got his big break
when he met his first wife, Samira Khashoggi, the sister of Saudi millionaire
and arms dealer Adnan Khashoggi. And Adnan Khashoggi involved Al Fayed in his
Saudi Arabian import business.
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Own Shipping Business
This role helped him
develop new contacts in Egypt. Although the marriage lasted little more than
two years, Al Fayed had already
started his own shipping business in the meantime.
One of the richest men in the world, the Sultan of Brunei, appointed him
adviser in 1966. He moved to Britain in 1974 and five years later bought the
Ritz Hotel in Paris with his brother Ali for £20m. I bought the Herds for £615
million. Under his ownership, Fulham Football Club rose from the third tier to
the Premier League. He donated generously to charities including Great Ormond
Street Hospital and was a father of five children. As a child, he showed a
special interest in helping poor or sick children.
Al Fayed Charitable Foundation
He founded the Al Fayed Charitable Foundation in 1987 to improve the
lives of destitute, traumatized, and seriously ill young people. They had left
before the accident. After that, both of them were killed in 1997. Dodi was a
film producer. Al-Fayed never recovered from
the shock of the accident and was left with speculation surrounding the
accident. His evidence at the inquest in February 2008 included claims that the
deaths were caused by the prince. On Philip's orders and with the connivance of
MI6. His ideas were considered a "conspiracy theory" and were
rejected by the jury.
British Citizenship
The application for
British citizenship by Al Fayed failed twice. In 1995, upset that his passport
application was rejected for the second time, he told reporters
that he had approached two Conservative ministers, Neil Hamilton and Tim Smith,
about his interests in the House of Commons. They both left the government. Mr
Hamilton denied the allegation but lost the defamation case against Al Fayed.
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Ritz Hotel in Paris
A third politician,
Jonathan Aitken, then a cabinet minister, also resigned after Al Fayed revealed
that he had been staying for free at the Ritz Hotel in Paris with a group of
Saudi arms dealers. In 2010, it sold Herds to Qatar's sovereign wealth fund.
About half of the purchase price was used to pay off the company's debts.