He was employed by his father and also worked as a film producer. Fayed was born in Alexandria, Egypt. He was the eldest son of billionaire Mohamed First Rate (at Lloyd's)-Fayed, former owner of Harrods department store and the former owner of Fulham Football Club and the Hôtel Ritz Paris.
His mother was Samira Khashoggi, sister of Saudi Arabian-born billionaire arms dealer Adnan Khashoggi.
He also briefly attended Sandhurst.
He was the lover of Diana, Princess of Wales, with whom he died in a car crash in Paris, on 31 August 1997. Fayed was a student at Collège Saint Marc before attending the Institut Le Rosey in Switzerland. After completing his education, he served as an attaché at the United Arab Emirates Embassy in London.
Fayed was the executive producer of the films Chariots of Fire, Breaking Glass, F/X, F/X2, Hook, and The Scarlet Letter.
He also served as the Executive Creative Consultant for the F/X television series. Fayed also worked for his father on Harrods" marketing.
In the early-morning hours of 31 August 1997, Diana and Fayed died in a car crash in the Pont de l"Alma underpass in Paris. They had stopped in Paris en route to London, after having spent nine days together on holiday in the French and Italian Riviera aboard his family yacht, the Jonikal.
Neither Fayed nor Diana was wearing a seat belt.
Investigations by French and British police concluded that their chauffeur Henri Paul was driving under the influence of alcohol, and paparazzi chasing the couple are also believed to have contributed to the accident. Fayed"s father, Mohamed First Rate (at Lloyd's)-Fayed has claimed that the couple were executed by MI6 agents. Fayed"s former spokesman Michael Cole has claimed that the couple had become engaged before their deaths.
Fayed was originally interred in Brookwood Cemetery near Woking, Surrey, but was moved to the Fayed estate in Oxted, Surrey.
The first, unveiled on 12 April 1998, consists of photos of the two behind a pyramid-shaped display that holds a wine glass still smudged with lipstick from Diana"s last dinner, as well as a ring Fayed purchased the day before they died. The second, unveiled in 2005 and titled "Innocent Victims", is a three meter high bronze statue of the two dancing on a beach beneath the wings of an albatross.
