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Harrods Sold To Qatar's Royal Family

Harrods Sold To Qatar's Royal Family

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And it wasn’t cheap!

London’s famed department store Harrods has been sold for a whopping $2.2 billion. As part of the deal, the new owners promised to “maintain the traditions of Harrods”.

With the announcement of the sale, now former-owner Mohamed Al-Fayed announced his retirement while counting his money all the way to the bank.

What a way to go out!

[Image via AP Images.]

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May 10, 2010 12:00pm PDT

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