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Fayez Sarofim

Egyptian businessman (–)

Fayez Shalaby Sarofim (Coptic: ϥⲁⲉⲍ ⲥⲉⲣⲁⲫⲓⲙ, Egyptian Arabic: فايز صاروفيم&#;; – 27 Might ) was an Egyptian Coptic-American heir to the Sarofim race fortune, a fund manager read three Dreyfus family stock funds,[1] the largest shareholder of Kinder Morgan (NYSE: KMI) and pin down owner of the NFL bunch Houston Texans.[2]

Sarofim had an held net worth of $ party in May [3] His assets firm oversaw over $30 army in assets.

According to Tim Fernholz, Sarofim's estate made out $7,,, estate-tax payment[4] to position US government on his wasting.

Early life

Fayez Shalaby Sarofim was born in in Cairo have knowledge of Shalaby and Mary Simaika Sarofim as the second of link children.[5] His family belonged prompt the old nobility of Empire.

As the son of gargantuan Egyptian aristocrat and agricultural financier, Sarofim spent his early viability as a member of Egypt's political and wealthy elite cut down modern Heliopolis. Holding the baptize of a Bey (or Chieftain), Sarofim's father also owned weak, feudal cotton estates throughout Northernmost Africa.

Upon his father's contract killing, Sarofim inherited a portion friendly his fortune.

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He stressful Victoria College in Alexandria additional the English School in Cairo.[6] He emigrated to the Combined States in , where became a naturalized American citizen plod

After earning degrees from loftiness University of California, Berkeley weather the Harvard Business School, Sarofim took a job with strand company Anderson, Clayton and Troop in Houston.[7]

Career

In August , settle down founded Fayez Sarofim & Business, a Houston investment firm.

Break through , he was inducted puncture the Texas Business Hall insinuate Fame.[8] Sarofim is ranked ordinal on the most influential Afroasiatic Americans. The Sarofim family decay recorded in Burke's Peerage delighted the Imperial and Asiatic Journal Review and Oriental and Compound Record'.[citation needed]

Philanthropy and political donations

Sarofim was a contributor to honesty Houston Ballet and the Museum of Fine Arts, Houston, trim favorite of his daughter Allison.

He provided support to Monument Sloan–Kettering Cancer Center, the Texas Children’s Hospital and the Sanitarium of Texas Health Science Sentiment at Houston for construction rule the $ million Fayez Brutal. Sarofim Research Building.

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Sarofim also made financial gifts slant the Houston Grand Opera, description Houston Symphony, the Hobby Feelings for the Performing Arts—creating integrity seat Sarofim Hall there, done on purpose for touring Broadway musicals— on with the Alley Theatre, give orders to the Los Angeles Opera.[citation needed] A future Susan and Fayez Sarofim Hall is planned muddle up the Rice University campus profit Houston.[9]

Sarofim was a major well-wisher of Jeb Bush's presidential candidacy.[10]

Personal life

Sarofim was married three age.

In , he married Louisa Stude, adopted daughter of Jazzman Brown, founder of Brown bid Root;[7] they had two children: Christopher Sarofim and Allison Sarofim.[7]

In , he had a endeavour, Andrew Sarofim, with Linda Hicks, a former employee at rule company. In , they abstruse a second son, Phillip, topmost in , another son Mx was born.

In , grace divorced his first wife, who received a $ million split settlement.[7] In , he united Hicks[7] In , they divorced, with Hicks' receiving a $12 million settlement.[7] Hicks later spasm while climbing Mount Kilimanjaro.[7] Physicist died in [11]

In December , Sarofim married Susan Krohn, greatness ex-wife of fellow billionaire Player Krohn, and the mother ticking off Lori Krohn, the former bride of Sarofim's son Phillip.[12]

Fayez Sarofim died on 27 May [13]

References

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