Profile
Fayez Sarofim () 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 As of|2013|alt=current net worth of $1.4 billion, Sarofim is ranked by Forbes as the 344-richest person in the world, in 2013. His investment firms oversees over $30 billion in assets.
Biography
Fayez Shalaby Sarofim was born 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'.
Philanthropy
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. Sarofim also has made financial gifts to the Houston Grand Opera, the Houston Symphony, donating high seven figures to the Hobby Center for the Performing Arts, creating the 2600 seat, Sarofim Hall, designed for touring Broadway shows, the Alley Theatre, and the Los Angeles Opera.
Party Affiliation
*Republican/Democratic
*Has funded both parties over the years.
Source @ Wikipedia
Latest news about Fayez Sarofim
Former positions of Fayez Sarofim
| Companies | Position | End |
|---|---|---|
Fayez Sarofim & Co. LLC
Fayez Sarofim & Co. LLC Investment ManagersFinance FSC is a long-term investor which seeks to generate sustainable earnings growth by dominantly investing in large-cap companies. The firm employs a predominantly bottom-up investment decision-making process managed by the Investment Committee. The committee formulates a macroeconomic and capital market outlook and evaluates the attractiveness of the various economic sectors and industries. | Founder | 2022-05-27 |
Memorial Sloan Kettering Cancer Center
Memorial Sloan Kettering Cancer Center Hospital/Nursing ManagementHealth Services Operates cancer hospital | Director/Board Member | 2022-05-27 |
Sarofim International Management Co.
Sarofim International Management Co. Investment ManagersFinance SIMCO manages separate portfolios for clients on an account-by-account basis, taking into consideration each client’s financial resources, investment objectives, and risk tolerance. The firm addresses individual requirements for such items as current income, cash flow, and taxes. Their investment strategies include: Large-Cap Equity, Global Equity and Core Fixed Income and Balanced. Their portfolio managers operate within the guidelines set by the Investment Committee. SIMCO employs a bottom-up investment process managed by the investment committee to shape the portfolios. Drawing on the fundamental research of the firm’s in-house analysts and select external resources, the committee formulates a macroeconomic and capital market outlook and evaluates the attractiveness of the various economic sectors and industries. | Founder | 2022-05-27 |
Kinder Morgan Production Co. LLC
Kinder Morgan Production Co. LLC Oil & Gas PipelinesIndustrial Services Provides natural gas transmission services | Director/Board Member | 2022-05-27 |
| KINDER MORGAN, INC. | Director/Board Member | 2020-12-30 |
Training of Fayez Sarofim
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 17 |
|---|---|
Argonaut Group, Inc.
Argonaut Group, Inc. Insurance Brokers/ServicesFinance Provides insurance services | Finance |
Imperial Sugar Co.
Imperial Sugar Co. Agricultural Commodities/MillingProcess Industries Manufactures, packages and distributes sugar products | Process Industries |
Kemper Corp.
Kemper Corp. Property/Casualty InsuranceFinance Provides life and health insurance services | Finance |
Kinder Morgan Kansas, Inc.
Kinder Morgan Kansas, Inc. Oil & Gas PipelinesIndustrial Services Owns and operates natural gas and petroleum pipelines | Industrial Services |
Fayez Sarofim & Co. LLC
Fayez Sarofim & Co. LLC Investment ManagersFinance FSC is a long-term investor which seeks to generate sustainable earnings growth by dominantly investing in large-cap companies. The firm employs a predominantly bottom-up investment decision-making process managed by the Investment Committee. The committee formulates a macroeconomic and capital market outlook and evaluates the attractiveness of the various economic sectors and industries. | Finance |
Artisan Network Services, Inc.
Artisan Network Services, Inc. Internet Software/ServicesTechnology Services Provides art-related commerce, content, and community on-line | Technology Services |
Memorial Sloan Kettering Cancer Center
Memorial Sloan Kettering Cancer Center Hospital/Nursing ManagementHealth Services Operates cancer hospital | Health Services |
The Rockefeller University
The Rockefeller University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Alley Theatre
Alley Theatre Media ConglomeratesConsumer Services Operates as a theatre company | Consumer Services |
The Museum of Fine Arts, Houston
The Museum of Fine Arts, Houston Other Consumer ServicesConsumer Services Owns and operates Museum | Consumer Services |
Kinder Morgan, Inc.
Kinder Morgan, Inc. Oil & Gas PipelinesIndustrial Services Operates pipelines for natural gas, refined petroleum products, crude oil, CO2, renewable fuels and other products | Industrial Services |
Sarofim International Management Co.
Sarofim International Management Co. Investment ManagersFinance SIMCO manages separate portfolios for clients on an account-by-account basis, taking into consideration each client’s financial resources, investment objectives, and risk tolerance. The firm addresses individual requirements for such items as current income, cash flow, and taxes. Their investment strategies include: Large-Cap Equity, Global Equity and Core Fixed Income and Balanced. Their portfolio managers operate within the guidelines set by the Investment Committee. SIMCO employs a bottom-up investment process managed by the investment committee to shape the portfolios. Drawing on the fundamental research of the firm’s in-house analysts and select external resources, the committee formulates a macroeconomic and capital market outlook and evaluates the attractiveness of the various economic sectors and industries. | Finance |
Argo Group International Holdings, Inc.
Argo Group International Holdings, Inc. Insurance Brokers/ServicesFinance Provides insurance brokerage and agency services | Finance |
Houston Ballet Foundation
Houston Ballet Foundation Miscellaneous Commercial ServicesCommercial Services Produces ballet recitals for a cause | Commercial Services |
University of California
University of California Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Harvard Business School
Harvard Business School Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Kinder Morgan Production Co. LLC
Kinder Morgan Production Co. LLC Oil & Gas PipelinesIndustrial Services Provides natural gas transmission services | Industrial Services |
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