Mohamed Al Fayed Net Worth 2017: Short Bio & Wiki

How rich is Mohamed Al Fayed?

Mohamed Al Fayed net worth is
$2 Billion

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Mohamed Al Fayed Net Worth, Biography & Wiki 2017

Mohamed Al-Fayed was born on 27 January 1929, in Bakos, Alexandria, Egypt, and is a business magnate, best known for having interests including ownership of Hotel Ritz Paris, and being the former owner of Harrods Department Store, Knightsbridge London. All of his efforts have helped put his net worth to where it is today.

How rich is Mohamed Al-Fayed? As of mid-2017, sources estimate a net worth that is at $2 billion, earned through success in numerous business endeavors. He is one of the richest people in the world, but is also known for his philanthropic work. He is a previous owner of English Premier League soccer club Fulham F.C. and all of these achievements have ensured the position of his wealth.

Mohamed Al Fayed Net Worth $2 billion

Mohamed started from the bottom – his father was a teacher. His career really began in the 1950s, working for Saudi Arabian arms dealer and businessman Adnan Khashoggi ,who was his brother in law at that time. Eventually, he founded a shipping company in Egypt, before moving to Italy. He then became interested in the construction of an oil refinery in Haiti, after establishing a relationship with leader Francois “Papa Doc” Duvalier. He then moved to England in the mid-1960s and was tasked with helping Dubai. He introduced various companies such as Taylor Woodrow, Costain Group, and Bernard Sunley & Sons to the country, meantime also becoming the financial advisor to the then Sultan of Brunei Omar Ali Saifuddien III. His net worth was starting to increase significantly. In 1968, he then established International Marine Services (IMS) in Dubai.

In 1975, Fayed joined the board of the mining conglomerate Lonrho, but would leave due to disagreements. Four years later, he would buy The Ritz hotel in Paris for $30 million, then in 1984, he along with his brothers purchased a stake in the House of Fraser, a group which included the famous London store Harrods – he bought his brothers remaining shares the following year. In 1994, the company would go public but Fayed retained private ownership of Harrods, and his net worth built up steadily thanks to these investments. Harrods was eventually sold to Qatar Holdings in 2010 for a valued 1.5 billion pounds. Other investments he has include the Balnagown estate in Northern Scotland, and he also purchased the professional soccer club Fulham F.C. He held the club until 2013, when it was sold to businessman Shahid Khan.

For his personal life, it is known that Mohamed was married to Samira Khashoggi from 1954 to 1956. In 1985, he married Heini Wathen. His son Dodi is well-known for a romance with Lady Diana Spencer after her divorce from Charles, Prince of Wales. Both of them were killed in a car crash, with numerous conspiracy theories surrounding their death. Mohamed also does charity work, setting up the Al Fayed Charitable Foundation., which helps children in poverty or life limiting conditions. They are usually seen working with children from the UK, Mongolia, and Thailand.

Mohamad was also part of the cash-for-questions affair in the mid-90s, in which he paid MPs to ask questions in parliament on his behalf, which led to the resignation of Neil Hamilton and Tim Smith. Hamilton filed for a lawsuit but he lost.

Quick Facts

Birth date: January 27, 1929
Birth place: El-Gomorok, Alexandria
Profession:Business magnate
Nationality:Egyptian
Spouse:Samira Khashoggi (m. 1954–1956)
Children:Dodi Fayed, Camilla al-Fayed, Omar Al-Fayed, Karim Al-Fayed, Jasmine Al-Fayed
Parents:Ali Ali Al-Fayed
Siblings:Ali Al-Fayed, Salah Al-Fayed, Soaad Al-Fayed, Safia Al-Fayed
imdb.com/name/nm0015701/
en.wikipedia.org/wiki/Mohamed_Al-Fa


Interesting Facts

#Fact
1Although claiming British citizenship for decades, his applications have been rejected by both Labour and Conservative Home Secretaries. He now is thought to have UAE citizenship.
2Has claimed that the death of his son and Princess Diana was a conspiracy involving Diana's former father-in-law Prince Philip.
3Daughter Camilla, with wife Heini, is a friend of Paris Hilton.
4His second wife Heini, Miss Finland in 1977, worked as a model.
5Shares a birthday with Mimi Rogers, Rosamund Pike, Alan Cumming, James Cromwell and Bridget Fonda.
6Has been Chairman of Fulham Football Club since 1997.
7Owner of the famous Harrods department store in London and Hotel Ritz in Paris.
8His son Dodi Fayed died in the car accident that also killed Princess Diana.


Quotes

#Quote
1"I know what happened, I know who has executed this crime - the British Intelligence" - on his belief about the accident that killed his son Dodi Fayed and Princess Diana.


Filmography

Actor

Actor

TitleYearStatusCharacter
Mad Cows1999Harrods Doorman

Producer

Producer

TitleYearStatusCharacter
Peter Pan2003executive producer

Thanks

Thanks

TitleYearStatusCharacter
Conspiracy2015TV Series documentary with thanks to - 1 episode
W.E.2011many thanks

Self

Self

TitleYearStatusCharacter
Celebrity Big Brother2011TV SeriesHimself
Unlawful Killing2011DocumentaryHimself
Breakfast2011TV SeriesHimself - Chairman, Fulham FC
My Friend Michael Jackson: Uri's Story2009TV Movie documentaryHimself
The Xtra Factor2008TV SeriesHimself
Quantum of Solace: Royal World Premiere Special2008TV MovieHimself
Diana: Last Days of a Princess2007TV Movie documentaryHimself / Dodi's Father (as Mohamed Al Fayed)
Tycoon2007TV SeriesHimself
ITV Lunchtime News2007TV SeriesHimself
One O'Clock News2007TV SeriesHimself
Six O'Clock News2007TV SeriesHimself
Howard Stern on Demand2007TV SeriesHimself
The Hour2007TV SeriesHimself
Las mañanas de Cuatro2007TV SeriesHimself
¿Dónde estás, corazón?2006TV SeriesHimself
Match of the Day 22006TV SeriesHimself
Britain's Next Top Model2005TV SeriesHimself
You're Fayed2005TV Movie documentaryHimself
The Apprentice2005TV SeriesHimself
Tabloid Tales2004TV Series documentaryHimself
Football: Against the Wall2002TV Movie documentaryHimself
You Only Live Once2000TV SeriesHimself - Guest
Tout le monde en parle2000TV SeriesHimself
Da Ali G Show2000TV SeriesHimself
The River1999TV Series documentaryHimself
Extra Rosa1998TV SeriesHimself
Diana: The Nation's Farewell1997TV MovieHimself
The Face of Tutankhamun1992TV Mini-Series documentaryHimself - Chairman, Harrods

Archive Footage

Archive Footage

TitleYearStatusCharacter
Conspiracy2015TV Series documentaryHimself
Howard Stern on Demand2007TV SeriesHimself
The Queen2006Himself (uncredited)
Conspiracy?2004TV Series documentaryHimself - Father of Dodi Fayed
The Big Story1997TV Series documentaryHimself

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