Mohamed Al Fayed, the flamboyant Egypt-born businessman whose son was killed in a car crash with Princess Diana, died this week at 94.
LONDON – Mohamed Al Fayed, the flamboyant Egypt-born businessman whose son was killed in a car crash with Princess Diana, died this week, his family said Friday. He was 94.
In 2008, Al Fayed told an inquest the list of alleged conspirators included Philip, two former London police chiefs and the CIA. The son of a school inspector, Al Fayad was born on Jan. 27, 1929, in Alexandria, Egypt. After early investments in shipping in Italy and the Middle East, he moved to Britain in the 1960s and started building an empire.
Al Fayed and his brother bought a 30% stake in House of Fraser for 130 million pounds in 1985. They paid an additional 615 million pounds to take full control the following year.
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