Heirs of Egyptian billionaire Mohamed Al-Fayed at war over $2 billion fortune
The death of Al-Fayed has not only marked the end of an era but has also triggered a high-stakes battle among his heirs.
The death of Al-Fayed has not only marked the end of an era but has also triggered a high-stakes battle among his heirs.
Al-Fayed, the one-time owner of the Harrods department store, passed away on the 30th of August at the age of 94.
Al-Fayed was a former owner of Harrods department store and father of Dodi Fayed, who perished alongside Princess Diana in a 1997 car crash.
Al Fayed’s net worth has soared by $100 million, reaching $2.1 billion from $2 billion on April 10.
Al Fayed’s net worth has risen by $100 million since the start of 2023.
These billionaires hold 6.1 percent of the country’s total private wealth.
He is set for an entry into the region through his Swiss-based firm, Earth Space Technical Ecosystem Enterprises.
Al Fayed amassed the majority of his fortune from the sale of his shares in Harrod’s.
Despite the drop in his net worth, Al Fayed still ranks as one of Africa’s wealthiest billionaires.