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BILLIONAIRE businessman and former Fulham FC owner Mohamed Al-Fayed has died aged 94.

The Egyptian, the dad of Princess Diana's lover Dodi, died on Wednesday, his family said.

Billionaire businessman and former Fulham FC owner Mohamed Al-Fayed has died aged 94
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Billionaire businessman and former Fulham FC owner Mohamed Al-Fayed has died aged 94Credit: PA:Press Association

Al-Fayed's son-in-law and business partner, Ashraf Haidar, announced the tycoon's death on Facebook.

He wrote: "Today, for the mercy of God Almighty, my wife's grandfather, Egyptian businessman Muhammad Al-Fayed, has passed away. "

Al-Fayed amassed a fortune running several high-profile businesses including Harrods and The Ritz Paris, but he is most famed for his colourful years at Craven Cottage.

When did Mohamed Al Fayed buy Fulham?

The tycoon bought West London's Fulham FC in 1997.

Read More on Al-Fayed

The most iconic moment of his ownership came when he erected a statue of Michael Jackson outside the club's ground Craven Cottage in 2011.

The 7.5 foot statue was a tribute to the King of Pop, who watched Fulham play Wigan Athletic with the tycoon at Craven Cottage in 1999.

New owner Shahid Khan tore down the statue in 2013.

Paying tribute on Friday, Fulham FC wrote on Twitter: "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."

When did Mohammed Al Fayed sell Fulham?

Pakistani-American billionaure Shahid Khan purchased the club from Al-Fayed in July 2013 for around £200 million.

Paying tribute to the former owner, Shahid Khan, said: "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 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.

"I always enjoyed my time with 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."

What other businesses did Mohamed Al Fayed own?

Al-Fayed owned department store Harrods which he snapped up in 1979.

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He sold the Knightsbridge department store to Qatar Holdings in May 2010.

The billionaire also owned the Ritz Paris up until his death.

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