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Omar Fayed

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For the Egyptian footballer, see Omar Fayed (footballer).

Omar Fayed
عمر الفايد
Born
Omar Alexander Mohamed Al-Fayed

October 1987 (age 37)
London, England
CitizenshipFinnish[1]
EducationACS International Schools
Occupation(s)Environmentalist, publisher
Parents
Relatives5 siblings, including Dodi Fayed (half-brother)

Omar Alexander Mohamed Al-Fayed (Arabic: عمر اسكندر محمد الفايد; born October 1987)[2][3] is a British-born Finnish-Egyptian environmentalist and publisher.[4][5][6] He is CEO of ESTEE (Earth Space Technical Ecosystem Enterprises), based in Switzerland and Britain, that advocates human space exploration, space colonization, and sustainable human development within the biosphere.[7] He is co-founder and CEO of EarthX,[8] a data visualization and mapping company based on NASA’s World Wind Project.[9] He is chairman of Synergetic Press based in New Mexico, and a fellow of the Institute of Ecotechnics.[10]

Fayed was ranked 75 in Arabian Business magazine's "Power 100" list in 2009.[11]

Early life

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Omar Fayed was born in London, England, to Finnish model Heini Wathén and Egyptian businessman Mohamed Al-Fayed.[12][13] Egyptian film producer Dodi Fayed was his half-brother, who died in a car crash in Paris at the end of August 1997.[13]

Career

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Fayed started in business as a teenager trading commodities. In 2006, aged 19, he was appointed to the Harrods board and in ten subsidiary companies including Fulham F.C. and the Ritz Hotel in Paris, all companies owned by his father.[2] Fayed was expected to take over as chairman of Harrods,[14] however he resigned in 2009 to pursue his studies for an MBA.[15] He expressed a desire to focus on environmental entrepreneurship instead, commenting in an interview, "that consumerist culture wasn’t doing anything positive for the future of humanity."[16] His father Mohamed Al-Fayed, subsequently sold Harrods in 2010,[17] to Qatar Holdings, the sovereign wealth fund of the emirate of Qatar, for £1.5 billion ($2.3 billion).[18]

Fayed is chairman of Biotecture, a provider of modular green wall systems,[16] that built large-scale living walls for the Walkie Talkie skyscraper in the City of London, and the Veolia recycling and energy recovery facility in Leeds. In 2014, he founded Living City, an initiative to connect and consult green enterprises and government projects.[19] He was a director of the Ritz Hotel Paris.

Fayed was executive producer for the 2015 documentary film The Sunshine Makers, about the manufacture of the psychedelic compound LSD in the 1960s.[20]

Family feud

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Omar Fayed was fifth in line of succession in inheriting his father Mohamed Al-Fayed's £1.7 billion ($2 billion) fortune, who died 30 August 2023. His mother, a Finnish model, Heini Wathén, and two elder sisters and one older brother preceded him in the succession order.[21][22] However, at the time of his father's death he was engulfed in a brutish and high profile power struggle against his mother and siblings, in an attempt to take control of his deceased father's estate.[23][24]

A couple of years prior to his father's death, Omar Fayed brought charges against his elder sister Camilla Al-Fayed and her husband Mohamad Esreb, in Guildford Crown Court on 3 May 2021. Omar claimed his elder sister, brother-in-law and two of their bodyguards, including Matthew Littlewood a decorated Afghanistan war veteran, stole his mobile phone and assaulted him at his father's country mansion in Oxted, Surrey.[25]

Camilla Al-Fayed and all others accused pleaded not guilty to the charges.[26] In the high profile court case, Omar had claimed that he was physically attacked by his brother-in-law in the incident, while Camilla denying charges told the court Omar was intoxicated at the time and a "heavy drug user". Omar Fayed had claimed £100,000 in damages from his sister for the incident,[23] however in August, 2021, the case was adjourned by the judge, who instructed Omar Fayed to instead solve the dispute privately, in order to avoid an expensive and embarrassing High Court battle.[27]

In a 2022 interview in Tatler, re-published concurrently following his father's death, Omar had commented that "It’s sad and super silly what is going on with Camilla. A classic trustafarian tragedy,"[28] in regards to the incident in court and had further believed himself to be a victim of "a struggle of power between brothers."[21]

Omar Fayed had listed his home in London for sale in July 2022 for an asking price of £5 million.[29]

References

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  1. ^ Aaltonen, Juha (28 November 2023). "Puolisuomalaiset miljardiperijät! Tällaisia ovat prinsessa Dianan kanssa kuolleen Dodi al-Fayedin sisarukset". Seiska (in Finnish). Retrieved 19 February 2024.
  2. ^ a b Robinson, James (19 November 2006). "Omar, 19, joins Harrods board". The Guardian. Retrieved 5 November 2018.
  3. ^ "Omar Alexander Mohamed Al-Fayed personal appointments - Find and update company information - GOV.UK". Companies House. Retrieved 8 June 2024.
  4. ^ "Fayed and Harrods: keep it in the family?". The Guardian. 3 December 2006.
  5. ^ "Untold stories in the death of a princess". camdennewjournal.com. Camden New Journal. 31 August 2017.
  6. ^ Isaac, Anna (3 April 2017). "Omar Fayed: Environmental impact as important as the bottom line". The Telegraph. The Daily Telegraph.
  7. ^ "ABOUT – ESTEE". est2e.com. Retrieved 5 November 2018.
  8. ^ "Team". earthx.com. Retrieved 5 November 2018.
  9. ^ "Our-History". earthx.com. Retrieved 5 November 2018.
  10. ^ "Our Team - Synergetic Press | Regenerating People and the Planet". Synergetic Press | Regenerating People and the Planet. Retrieved 5 November 2018.
  11. ^ "Power 100 - Omar Al Fayed". ArabianBusiness.com. Retrieved 5 November 2018.
  12. ^ Bradley, Faye (8 September 2023). "Meet Mohamed Al-Fayed's environmentalist son, Omar Fayed: he admires Elon Musk and King Charles, remembers Princes William and Harry as 'delightful' – and 'never wanted to be Mr. Harrods'". South China Morning Post. Archived from the original on 7 September 2023. Retrieved 9 September 2024.
  13. ^ a b Kuuskoski, Kaisla (13 November 2022). "Suomalainen Heini päätyi keskelle uskomattoman rikkaan egyptiläissuvun elämää – tällaista salaperäisen Al-Fayedin perheen luksusarki on". Ilta-Sanomat (in Finnish). Retrieved 27 March 2023.
  14. ^ "30 Under 30 - Omar Al Fayed". ArabianBusiness.com. Retrieved 5 November 2018.
  15. ^ Sibun, Jonathan (27 June 2009). "Omar Fayed leaves Harrods". ISSN 0307-1235. Retrieved 9 November 2018.
  16. ^ a b Isaac, Anna (3 April 2017). "Omar Fayed: 'I didn't want to become Mr Harrods'". The Telegraph. ISSN 0307-1235. Retrieved 5 November 2018.
  17. ^ "Farewell Fayed". Financial Times. Retrieved 9 November 2018.
  18. ^ "Al Fayed sells off Harrods store". 8 May 2010. Retrieved 9 November 2018.
  19. ^ "Biotecture reports "huge" expansion in the Middle East". Retrieved 5 November 2018.
  20. ^ Omar Fayed at IMDb
  21. ^ a b Miguel, Rafa de (26 September 2023). "The battle for Mohamed Al-Fayed's inheritance begins". EL PAÍS English. Retrieved 16 June 2024.
  22. ^ Peters, Maxine. "Mohamed al-Fayed's warring kids to battle it out over his billions". You. Retrieved 16 June 2024.
  23. ^ a b Strick, Katie (6 September 2023). "Inside the 'Succession-style' bitter battle for Mohamed Al-Fayed's billions". Evening Standard. Retrieved 16 June 2024.
  24. ^ Keogh, Robert Watts, Glen (16 June 2024). "What will happen to Mohamed Al Fayed's £1.7bn fortune?". www.thetimes.com. Retrieved 16 June 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  25. ^ "Mohamed al Fayed's daughter pleads not guilty to robbing her brother's phone at family home gym". Sky News. Retrieved 15 June 2024.
  26. ^ "Late Harrods owner's daughter pleads not guilty to robbery charge". BBC Website. 3 May 2024. Retrieved 15 June 2024.
  27. ^ Kirk, Tristan (4 August 2021). "Sort your family row out privately, judge tells feuding Fayeds". Evening Standard. Retrieved 16 June 2024.
  28. ^ Lawler, Danielle (14 November 2022). "When Omar Fayed – son of the late Mohamed Al Fayed – spoke to Tatler about royalty, family and his stratospheric ambitions". Tatler. Retrieved 16 June 2024.
  29. ^ Jessel, Ella (27 July 2022). "Omar Fayed selling £5m Primrose Hill home with secret entrance to famous square". Evening Standard. Retrieved 16 June 2024.
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