As of 2019, which entity owns Harrod's Department Store in London?
Harrod's is a department store located on Brompton Road in Knightsbridge, London, England. It is owned by the state of Qatar via its sovereign wealth fund, the Qatar Investment Authority.
In 1824, at age 25, Charles Henry Harrod established business and ran this business, variously listed as a draper, mercer, and a haberdasher, until at least 1831.
During 1825, the business was listed as 'Harrod and Wicking, Linen Drapers, Retail', In 1883, the building burnt to the ground.
A chance meeting in London with businessman Edgar Cohen eventually led to Charles Harrod selling his interest in the store via a stock market flotation in 1889. The new company was called Harrod's Stores Limited.
The large department store was acquired by House of Fraser in 1959, which in turn was purchased by the Fayed brothers in 1985. Harrods was sold to Qatar Holdings, the sovereign wealth fund of the State of Qatar in 2010.
A fortnight previously, chairman of Harrods since 1985, Mohamed Al-Fayed, had stated that "People approach us from Kuwait, Saudi Arabia, Qatar".
Up to 300,000 customers visit the shop on peak days, comprising the highest proportion of customers from non-English speaking countries of any department store in London.
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