Fayez Sarofim is a Coptic-American heir to the Sarofim family fortune. Further, he is a fund manager for several Dreyfus family stock funds and the largest shareholder of Kinder Morgan (NYSE: KMI). Apart from that, he is also a part-owner of the Houston Texans of the National Football League.
Moreover, the businessman who had earned billions has an estimated net worth of $1.9 billion. Also, he has an investment firm that oversees over $30 billion in assets. Further, he is a philanthropist and has been a major contributor to different institutes including Memorial Sloan–Kettering Cancer Center. Wanna know more information on him while reading his career and net worth.
Caption: The billionaire businessman, Fayez Sarofim.
Fayez Sarofim: Bio, Family, Career
The businessman was born in the year 1929 as Fayez Shalaby Sarofim in Cairo, Egypt. As mentioned earlier belong to the old nobility of the Egyptian family and belongs to members of Egypt’s ancient royalty ancestors. As the son of an Egyptian aristocrat and agricultural mogul, he grew up in a wealthy family. Further, he inherited a portion of his father’s fortune following his death in large and feudal cotton estates throughout North America.
In 1946, he traveled to the United States of America and became a citizen in 1961. Sarofim worked for cotton manufacturer Anderson, Clayton, and Company in Houston after earning degrees from the University of California, Berkeley, and Harvard Business School. Following that, he had founded a Houston investment firm, Fayez Sarofim & Company in August 1958.
Fayez Sarofim: Personal Life & Wife
The heir has been married three times and divorced twice. He first had married his ex-wife Louisa Stude in 1962. Stude is an adopted daughter of Herman Brown, founder of Brown and Root. The ex-couple had produced two children: Christopher Sarofim and Allison Sarofim.
After the separation from Louisa, he had married his second wife, Linda Hicks who was a former employee at his company in 1990. In the same year, his first wife received a $250 million divorce settlement. They had welcomed two son together born Andrew Sarofim in 1984 and another in 1986. Further, Fayex also adopted a child in 1989 that his second wife had with a previous relationship.
However, his and Hicks’s married life didn’t work last, and divorced in 1996, receiving a $12 million settlement. Unfortunately, Linda passed away while climbing Mount Kilimanjaro. Again for the third time, he married his third wife Susan Krohn in December 2014 who is decades younger than him. Additionally, his third wife is the ex-wife of fellow billionaire Tracy Krohn and the mother of Lori Krohn who had married Fayez’s son Phillip.
Caption: Fayez photographed with Susan during the Memorial Hermann’s new Susan & Fayes Sarofim Pavilion.
Fayez Sarofim: Net Worth & Social Media Profiles
He has an estimated net worth of $1.9 billion as of 2021, according to Forbes. Besides being an heir to the Sarofim family fortune, he has also invested in several business endeavors and second-largest shareholder of Kinder Morgan (NYSE: KMI). Additionally, he is also a fund manager for some of the Dreyfus family stock funds, as well as a part-owner of the NFL team Houston Texans.
It seems that he is not available on different social media networking platforms like Facebook and Twitter.
Fayez Sarofim: Body Measurements
The businessman is in his early 90s and has an average body structure with unknown body measurements of waist and chest. His body stands to a height of 5 feet 10 inches or 1.77 meters with unknown body weight. He has silver hair color with dark-colored eyes.