Fayez Sarofim
Encyclopedia
Fayez Sarofim is a Copt
ic Egyptian American
fund manager for a number of Dreyfus family stock funds. He is divorced with five children, and lives in Houston, Texas
. With an estimated net worth of between $1.8 billion to $4 billion, Sarofim was ranked by Forbes
as the 428-richest person in the world. His investment firms oversees over $34 billion in assets.
, Berkeley, and the Harvard Business School
, Sarofim founded Fayez Sarofim & Company, a Houston investment firm, in August of 1958. In 1997, he was inducted into the Texas Business Hall of Fame. Sarofim is ranked number 3 on the most influential Arab Americans.
, a school in which his nephew Reece Sarofim (stage name Robby Gavriel Herron) attended and Museum of Fine Arts, a favorite of his daughter Allison. He has provided support to Sloan–Kettering Cancer Center, the Texas Children’s Hospital and the University of Texas Health Science Center at Houston for construction of the Fayez S. Sarofim Research Building. Sarofim also has made financial gifts to the Houston Grand Opera
, the Houston Symphony, the Hobby Center for the Performing Arts, the Sarofim Hall, the Alley Theatre, and the Los Angeles Opera
.
Copt
The Copts are the native Egyptian Christians , a major ethnoreligious group in Egypt....
ic Egyptian American
Egyptian American
Egyptian Americans are Americans of Egyptian ancestry, first-generation Egyptian immigrants, or descendants of Egyptians who immigrated to the United States. In the 2007 U.S. census, the number of people with Egyptian ancestry was estimated at 195,000, although some estimates range from several...
fund manager for a number of Dreyfus family stock funds. He is divorced with five children, and lives in Houston, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
. With an estimated net worth of between $1.8 billion to $4 billion, Sarofim was ranked by Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
as the 428-richest person in the world. His investment firms oversees over $34 billion in assets.
Biography
Fayez Shalaby Sarofim was born in Egypt. The son a wealthy Egyptian agriculturist, he came to the United States in 1946. He became a naturalized American citizen in 1961. Earning degrees from the University of CaliforniaUniversity of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...
, Berkeley, and the Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, Sarofim founded Fayez Sarofim & Company, a Houston investment firm, in August of 1958. In 1997, he was inducted into the Texas Business Hall of Fame. Sarofim is ranked number 3 on the most influential Arab Americans.
Philanthrophy
His philanthropic efforts provide vital assistance to critical institutions and programs in a number of fields. Sarofim is a major contributor to the Houston BalletHouston Ballet
The Houston Ballet, operated by the Houston Ballet Foundation, is the fourth-largest professional ballet company in the United States, based in Houston, Texas. The foundation also maintains a ballet academy, the Ben Stevenson Academy, which trains more than half of the company's dancers...
, a school in which his nephew Reece Sarofim (stage name Robby Gavriel Herron) attended and Museum of Fine Arts, a favorite of his daughter Allison. He has provided support to Sloan–Kettering Cancer Center, the Texas Children’s Hospital and the University of Texas Health Science Center at Houston for construction of the Fayez S. Sarofim Research Building. Sarofim also has made financial gifts to the Houston Grand Opera
Houston Grand Opera
Houston Grand Opera Houston Grand Opera was founded in 1955 through the joint efforts of Maestro Walter Herbert and cultural leaders Mrs. Louis G. Lobit, Edward Bing and Charles Cockrell...
, the Houston Symphony, the Hobby Center for the Performing Arts, the Sarofim Hall, the Alley Theatre, and the Los Angeles Opera
Los Angeles Opera
The Los Angeles Opera is an opera company in Los Angeles, California. It is the fourth largest opera company in the United States. The company's home base is the Dorothy Chandler Pavilion, part of the Los Angeles Music Center.-Current leadership:...
.
External links
- Fayez entry on Forbes 2006 list
- http://www.southwestern.edu/magazine/back-issues/16_2/fine-arts_fayez-sarofim.html
- http://southwestern.edu/newsroom/story.php?id=865
- http://www.arabianbusiness.com/rich-list-fayez-sarofim-88730.html
- http://www.tukmol.net/?p=772