Fayez Sarofim Net Worth is$2 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 3.5/5 (2 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 1.0/5 (1 vote cast)
Nationality: United States of America
Date of Birth: 1929
Place of Birth: Egypt
Fayez Sarofim Net Worth: Fayez Sarofim is an Egyptian-American billionaire who has a net worth of $2 billion. Apart from being an heir to the Safrofim family fortune, Fayez Sarofim is also a fund manager for some of the Dreyfus family stock funds, as well as an original and second largest shareholder of Kinder Morgan (NYSE: KMI) and part owner of the NFL team Houston Texans. Nicknamed "The Sphinx", Fayez also served as a director of the company in the period from 2007 until its February 2011 IPO. Today, he still has his post as a director. Furthermore, he has upped his stake in Kinder constantly, i.e., the initially owned 2% went up by 17% since its public listing. Fayez made his career beginnings shortly after he took an M.B.A. from Harvard Business School with the foundation of his own investment firm, Fayez Sarofim & Co. in 1958. He made his initial fortune as a buy-and-hold specialist with long-term investments in Philip Morris, Coca-Cola, Procter & Gamble. Currently, Fayez Sarofim & Co. has $30 billion in assets under management. Thanks to his wise business investments, he was inducted into the Texas Business Hall of Fame in 1997. Also an active donator, he has supported numerous causes including hospitals, schools, and the arts. Plus, he is a board member of the Memorial Sloan-Kettering Cancer Center as well as the Texas Heart Institute.
Fayez Sarofim (Arabic: ???????? ?????????????????) is a Coptic Egyptian American heir to the Sarofim family fortune, fund manager for a number of Dreyfus family stock funds, an original and second largest shareholder of Kinder Morgan (NYSE: KMI) and part owner of the NFL team Houston Texans; ranked 6th Most Valuable NFL team worth $1.2 billion. He is divorced with five children, and lives in Houston, Texas. With an estimated current[update] net worth of $2 billion, Sarofim is ranked by Forbes as the 273-richest person in the world, in 2013. His investment firms oversees over $30 billion in assets.

Fayez Shalaby Sarofim was born in 1929 in Cairo, into Egyptian nobility. As the son of an Egyptian aristocrat and agricultural magnate, Sarofim lived a life among Egypt's political and wealthy elite, in modern Heliopolis. As a Bey equivalent to European peerage title Marquess, Sarofim's father held large feudal and Egyptian cotton estates throughout North Africa. Sarofim came to the United States in 1946 and became a naturalized American citizen in 1961. Earning degrees from the University of California Berkeley, and Harvard Business School. Sarofim founded Fayez Sarofim & Company, a Houston investment firm, in August 1958. In 1997, he was inducted into the Texas Business Hall of Fame. Sarofim is ranked third on the most influential Egyptian Americans. The Sarofim family is recorded in Burke's Peerage and the 'Imperial and Asiatic quarterly review and oriental and colonial record'.
His philanthropic efforts provide vital assistance to critical institutions and programs in a number of fields. Sarofim is a major contributor to the Houston Ballet and the Museum of Fine Arts, a favorite of his daughter Allison. He has provided support to Memorial Sloan???Kettering Cancer Center, the Texas Children???s Hospital and the University of Texas Health Science Center at Houston for construction of the $120 Million environment friendly, Fayez S. Sarofim Research Building.

Fayez Sarofim Net Worth, 3.5 out of 5 based on 2 ratings
(Visited 31 times, 1 visits today)

Fayez Sarofim Latest News

Tennis Channel to supply daily coverage of Clay Court Championships

The Tennis Channel is ramping up its presence at the Fayez Sarofim & Co. U.S. Men's Clay Court Championships this week with daily coverage. The Tennis Channel is ramping up its presence at the Fayez ...
Posted: April 8, 2018, 4:13 pm

Garin lifts first ATP Tour title in Houston

After 10 years of waiting, Chile has an ATP Tour singles champion. Christian Garin dug deep on Sunday in the final of the Fayez Sarofim & Co. U.S. Men’s Clay Court Championship in Houston, weathering ...
Posted: April 15, 2019, 11:31 pm

U.S. players struggle during U.S. Men’s Clay Court Championship

The Fayez Sarofim & Co. U.S. Men’s Clay Court Championship wasn’t kind to the large American contingent in the singles draw Tuesday. U.S. players lost five of six singles matches with the sixth-seeded ...
Posted: April 9, 2019, 9:42 pm
Related Topics:
Fayez Sarofim, Fayez Sarofim & Co, Fayez Sarofim & Co Careers, Fayez Sarofim & Company, Fayez Sarofim A Lion In Winter Barron's, Fayez Sarofim Age, Fayez Sarofim And Susan Krohn, Fayez Sarofim Art, Fayez Sarofim Art Collection, Fayez Sarofim Aum, Fayez Sarofim Barron's, Fayez Sarofim Bio, Fayez Sarofim Careers, Fayez Sarofim Clay, Fayez Sarofim Date Of Birth, Fayez Sarofim Divorce, Fayez Sarofim Engaged, Fayez Sarofim Engagement, Fayez Sarofim Ethnicity, Fayez Sarofim Family, Fayez Sarofim Forbes, Fayez Sarofim Foundation, Fayez Sarofim Fund, Fayez Sarofim Funds, Fayez Sarofim Hawaii, Fayez Sarofim Height, Fayez Sarofim Holdings, Fayez Sarofim House, Fayez Sarofim Houston, Fayez Sarofim Houston Tx, Fayez Sarofim Images, Fayez Sarofim Income, Fayez Sarofim Job, Fayez Sarofim Jobs, Fayez Sarofim Kinder Morgan, Fayez Sarofim Krohn, Fayez Sarofim Large Cap, Fayez Sarofim Large Cap Core, Fayez Sarofim Linkedin, Fayez Sarofim Lion In Winter, Fayez Sarofim Marriage, Fayez Sarofim Married, Fayez Sarofim Mutual Fund, Fayez Sarofim Net Worth, Fayez Sarofim Networth, Fayez Sarofim News, Fayez Sarofim Performance, Fayez Sarofim Philanthropy, Fayez Sarofim Portfolio, Fayez Sarofim Residence, Fayez Sarofim Salary, Fayez Sarofim Sons, Fayez Sarofim Susan Krohn, Fayez Sarofim Tennis, Fayez Sarofim Tennis Tournament, Fayez Sarofim Videos, Fayez Sarofim Wedding, Fayez Sarofim Weight, Fayez Sarofim Wife, Fayez Sarofim Wiki, How Much Is Fayez Sarofim Income, How Much Is Fayez Sarofim Net Worth, How Much Is Fayez Sarofim Salary, How Much Is Fayez Sarofim Worth, Who Is Fayez Sarofim,