Harrods is currently owned by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. The store was sold to Qatar Holdings for £1.5 billion in May 2010, ending the ownership of the Fayed family, who had controlled it since 1985

. Mohamed Al-Fayed, the former owner, sold Harrods after difficulties with pension fund trustees and retired, with the sale finalized by Qatari officials in London. Since the acquisition, Qatar Investment Authority has maintained ownership and has been involved in addressing serious allegations related to the previous ownership period under Al-Fayed