Fayez Shalaby Sarofim, an Egyptian-American investment manager, founded Fayez Sarofim & Co., a prominent money management firm headquartered in Houston, Texas.
Known as “The Sphinx,” Sarofim maintains a conservative attitude, a focus on ethical financial practices and a deep faith in American business.
File
- Full name: Fayez Shalaby Sarofim
- Date of birth: December 19, 1928
- Age: 93 years old (time of death is 2022)
- male
- Place of birth: Cairo, Egypt
- Nationality: Egyptian-American
- Occupation: Investor, Financial expert
- Parents: Shalaby Sarofim
- Siblings: Not applicable
- Spouse: Susan Krohn (d. 2014)
- Children: Christopher Sarofim, Andrew Sarofim, Allison Sarofim
- Relationship status: Married (until his death in 2022)
- Net worth: Estimated about $1.6 billion
Early life and education
Fayez Sarofim was born on December 19, 1928 in Cairo, Egypt, into a prominent family. His father, Shalaby Sarofim, was a Bey and owned many cotton farms throughout North Africa.
Sarofim immigrated to the United States in 1946, becoming a naturalized citizen in 1961. He studied at the University of California, Berkeley and then attended Harvard Business School.
Personal life
Sarofim has had three marriages. His first marriage was to Louisa Stude, with whom he had two children. After their divorce, he married Linda Hicks and they had two sons.
He later married Susan Krohn in 2014. Sarofim’s personal life was marked by philanthropic efforts and significant contributions to various cultural organizations.
Career
In August 1958, Sarofim founded Fayez Sarofim & Company, establishing himself as a respected figure in the investment world.
His company is known for its conservative investment approach and long-term success. Sarofim is also recognized for his charitable contributions, supporting causes such as cancer research and the arts.
Net value
Fayez Sarofim’s net worth is estimated at $1.6 billion, reflecting his successful career and astute financial management.
Death
Fayez Sarofim passed away on May 27, 2022, at the age of 93.
Social Media
- Instagram: Not applicable
- Twitter: Not applicable
