Mohamed Al Fayed Net Worth
Mohamed Al Fayed net worth: Mohamed Al Fayed is an Egyptian business magnate who has a net worth of $2 billion. Mohamed Al Fayed is a world-renowned businessman and philanthropist. Mohamed Al Fayed heads the AlFayed Foundation, the English Premiership football team Fulham and, until 2010, he controlled one of the world's largest department stores, Harrods Department Store, Knightsbridge. He sold Harrods to Qatar Holding for a reported $2.4 billion. Hence, he turned his attention to online retail, purchasing UK-based discount fashion website, Cocosa, in 2011. The same year, he acquired a controlling stake in Princess Kate Middleton's favorite designer brand, Issa, for his daughter Camilla. The London-based Egyptian is also the owner of famed Hotel Ritz in Paris, which was closed in August 2012 due to reconstruction. Reportedly, it is the biggest redo of the hotel, ever since it was built in 1898, and it is expected to last for more than two years. Furthermore, he has a castle in Scotland and ground lease on 75 Rockefeller Plaza in New York. As for his family, he is married with the former Finnish model Heini Wathen, with whom he has four children: Jasmine, Karim, Camilla and Omar. Fayed's first son, Dodi, from his marriage to his first wife Samira Khashoggi, died in a car accident in Paris along with Princess Diana.