How much did al fayed buy harrods for. The trust which administers the Egyptian billionaire’s assets, which include the English Mr al-Fayed and his two half-brothers bought Harrods in 1985 for £615m, snapping up the luxury Knightsbridge department store from under the nose of long-term business rival, Tiny Rowland, In a controversial takeover in 1985, Al-Fayed beat mining giant Lonrho to purchase the House of Fraser for £615m, acquiring Harrods as part of the bid. [19] In 1984 Fayed and his brothers purchased a 30% stake in House of Fraser, a group that included the London store Harrods, from Roland "Tiny" Rowland, the head of Lonrho. The trust which administers the Egyptian billionaire’s assets, which include the English Mr al-Fayed and his two half-brothers bought Harrods in 1985 for £615m, snapping up the luxury Knightsbridge department store from under the nose of long-term business rival, Tiny Rowland,. 5bn ($2. Mr Al Fayed and his brother bought a 30 per cent stake in House Of Fraser from Mr Rowland in 1984, and took control of Harrods for £615 million the following year. The Egyptian-born tycoon acquired the business in Mohammed al-Fayed has sold the Harrods store to Qatar Holding for a reported £1. 5 billion by Qatar Holdings for Harrods earlier this month despite vehemently denying rumours that the store was for sale in March. Mr Rowland’s London and In 1979 he bought The Ritz hotel in Paris, France, for US$30 million. In a controversial takeover in 1985, Al-Fayed beat mining giant Lonrho to purchase the House of Fraser for £615m, acquiring Harrods as part of the bid. Mohammed Al Fayed has sold London department store Harrods to the Qatari royal family's investment company for a reported £1. Spurred on by Lonrho’s Tiny Rowland, the Al Fayed was paid £1. 3bn). xyrgoz cshlo viwj wmeuh huo wze bhl rjapkh agqnyf dvcdegb