27.01.

Billionaire Mohamed Al-Fayed, unconquered father-in-law of Princess Diana

Billionaire Mohamed Al-Fayed, unconquered father-in-law of Princess Diana

Among the businesses of Al-Fayed and his brothers were shipping and oil, and in the 1980s they bought a stake in the British grocery chain House of Fraser, thereby owning the famous Harrods department store.

On January 27, 1929, Mohammed Al-Fayed, the unmarried father-in-law of the former British Princess Diana, was born. He was born in the Egyptian city of Alexandria and his father was a school teacher. Muhammad’s marriage to Samir Kashoggi, the sister of billionaire Adnan Khashoggi (especially known for his arms trade), was important to the rise of Mohammed Al-Fayed. Samira and Adnan were children of the personal physician of Saudi King Ibn Saud (founder of Saudi Arabia). Al-Fayed got Samir’s son Dodi, who later died tragically with Princess Diana. Mohammed Al-Fayed engaged in a number of entrepreneurial activities in his native Egypt, along with his brothers, and moved to London in the mid-1960s. Among the businesses of Al-Fayed and his brothers were shipping and oil, and in the 1980s they bought a stake in the British grocery chain House of Fraser, thereby owning the famous Harrods department store. Mohamed also bought the famous Parisian Ritz Hotel in 1979. In Scotland he acquired the Balnagown Castle, located in the Highlands of Scotland, and for 50 years rented the famous Windsor Villa in Paris, the last residence of former King Edward VIII of Britain. (after an abdication known as the Duke of Windsor).

Mohammed Al-Fayed’s wealth is estimated at more than $ 1 billion today.

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