Al-Fayed, the one-time owner of the Harrods department store, passed away on the 30th of August at the age of 94.
Mohamed Al Fayed
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Al-Fayed was a former owner of Harrods department store and father of Dodi Fayed, who perished alongside Princess Diana in a 1997 …
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Al Fayed’s net worth has soared by $100 million, reaching $2.1 billion from $2 billion on April 10.
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Al Fayed’s net worth has risen by $100 million since the start of 2023.
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These billionaires hold 6.1 percent of the country’s total private wealth.
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35-year-old son of Egyptian billionaire Mohamed Al Fayed plans to launch UAE space business
He is set for an entry into the region through his Swiss-based firm, Earth Space Technical Ecosystem Enterprises.
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Al Fayed amassed the majority of his fortune from the sale of his shares in Harrod’s.
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Despite the drop in his net worth, Al Fayed still ranks as one of Africa’s wealthiest billionaires.