Fayez Sarofim Biography: Age, Net Worth, Wife, Children, Parents, Career, Death

May 26, 2024 0 Posted By Haruna Ayuba

Fayez Shalaby Sarofim, an Egyptian-American investment manager, founded Fayez Sarofim & Co., a prominent money management firm based in Houston, Texas.

Known as “The Sphinx,” Sarofim maintained a reserved demeanor, focusing on ethical financial practices and a deep belief in American enterprise.

Profile

  • Full Name: Fayez Shalaby Sarofim
  • Date of Birth: December 19, 1928
  • Age: 93 years old (at the time of passing in 2022)
  • Gender: Male
  • Place of Birth: Cairo, Egypt
  • Nationality: Egyptian-American
  • Profession: Investor, Financier
  • Parents: Shalaby Sarofim
  • Siblings: N/A
  • Spouse: Susan Krohn (m. 2014)
  • Children: Christopher Sarofim, Andrew Sarofim, Allison Sarofim
  • Relationship Status: Married (until his passing in 2022)
  • Net Worth: Estimated at $1.6 billion

Early Life and Education

Fayez Sarofim was born on December 19, 1928, in Cairo, Egypt, to a prominent family. His father, Shalaby Sarofim, was a Bey and owned extensive cotton estates across 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 later attended Harvard Business School.

Personal Life

Sarofim had three marriages. His first marriage was to Louisa Stude, with whom he had two children. Following their divorce, he married Linda Hicks, with whom he had two sons.

He later married Susan Krohn in 2014. Sarofim’s personal life was marked by significant philanthropic endeavors and contributions to various cultural institutions.

Career

In August 1958, Sarofim founded Fayez Sarofim & Company, establishing himself as a respected figure in the investment world.

His firm became known for its conservative investment approach and long-term success. Sarofim was also noted for his philanthropic contributions, supporting causes such as cancer research and the arts.

Net Worth

Fayez Sarofim’s net worth was 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: N/A
  • Twitter: N/A



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