Mohamed Al Fayed
London, United Kingdom
Egypt
retail, investments, Self Made
$1,500,000,000
1511
#1511 Billionaires 2019
Mohamed Al Fayed was born in Alexandria, Egypt and moved in the mid-1960s to the U.K., where he made his fortune. He's best known for being the one-time owner of London department store Harrod's, which he sold to Qatar for a reported $2.4 billion in 2010.He owns the storied Ritz Paris hotel. After a four-year renovation, it reopened in 2016. Suites are named after illustrious guests, like Coco Chanel.In 2013, Al Fayed sold Fulham Football Club to U.S. auto parts billionaire Shahid Khan for a reported $300 million.
Al Fayed's son Dodi died in a car crash with Princess Diana in 1997.He owns a Scottish castle and a sprawling estate called Balnagown near Inverness, where guests can rent out cottages.
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