The former owner of Fulham Football Club, Mohammed Al-Fayed, was reported dead a few moments ago. We explore the cause of his death and net worth.
Mr Al-Fayed purchased Fulham FC in 1997 and served as the chairman of the club until 2013 when he sold the club to Shahid Khan, a Pakistani-American businessman.
Al-Fayed was best known as a former owner of the Harrods department store and Fulham football club in London.
The sad news of his demise has hit the world this evening as family, friends and sympathizers mourn his death. Following the sad incident, many are also interested in the exact cause of his death and his net worth.
What was the cause of the death of Mohammed Al-Fayed?
Mohammed Al-Fayed, an Egyptian businessman and former Fulham FC owner, died in a fatal car crash that has stunned the world.
His family released an official statement to confirm the death of the Egyptian businessman. The statement reads, “Mrs. Mohamed Al Fayed, her children and grandchildren wish to confirm that her beloved husband, their father and their grandfather, Mohamed, has passed away peacefully of old age on Wednesday, August 30, 2023”
“He enjoyed a long and fulfilled retirement surrounded by his loved ones. The family have asked for their privacy to be respected at this time.”
The Egyptian businessman died at the age of 94. His death was also confirmed by his former football club, Fulham.
In a post shared on the Instagram page of Fulham FC paid tribute to their former owner, it read, “Everyone at Fulham was incredibly saddened to learn of the death of our former Owner and Chairman, Mohamed Al Fayed.”
“We owe Mohamed a debt of gratitude for what he did for our Club, and our thoughts now are with his family and friends at this sombre time.”
Mr. Shahid Khan, the Pakistani-American businessman who bought the Fulham club in 2013 paid tribute to Mohammed Al-Fayed.
In his statement, he wrote, “On behalf of everyone at Fulham Football Club, I send my sincere condolences to the family and friends of Mohamed Al Fayed upon the news of his passing at age 94.”
“The story of Fulham cannot be told without a chapter on the positive impact of Mr Al Fayed as Chairman.”
“His legacy will be remembered for our promotion to the Premier League, a Europa League Final, and moments of magic by players and teams alike.
He added: “I always enjoyed my time with Mr Al Fayed, who was wise, colourful and committed to Fulham, and I am forever grateful for his trust in me to succeed him as Chairman in 2013.
“I join our supporters around the world in celebrating the memory of Mohamed Al Fayed, whose legacy will always be at the heart of our tradition at Fulham Football Club.”
Also, British broadcaster Piers Morgan paid tribute to Mohammed Al-Fayed. He said “RIP Mohamed Al-Fayed, 94. An extraordinary tour de force of a man who never got over the death of his beloved son Dodi in the crash that also killed Diana.”
“Mohamed wasn’t everyone’s cup of tea and he was a flawed, complex character, but I liked him.”
The burial of Mohammed Al-Fayed was done today at Regent’s Park Mosque. Before the burial, his coffin wasdriven to Barrow Green Court in Oxted, Surrey.
According to reports, he was buried next to his son Dodi at the family mausoleum on the 226-acre estate.
What was the net worth of Mohammed Al-Fayed?
According to Forbes, Mohammed Al-Fayed has an estimated net worth of $2 billion. He is ranked 1,516th in the world.
Mohammed Al-Fayed had a lot of properties spread throughout Europe, from Paris to London and many other cities.
He has a plethora of businesses that reached from the Persian Gulf to North Africa, Europe and the Americas.