Born into nobility in Egypt in 1929, Fayez Sarofim enjoyed a youth of wealth and privilege. Despite this, he chose to move away from his homeland and come to America in 1946 when he was only 17. It was there that he would earn degrees at Berkeley and Harvard Business School. Eventually, he would take a job with the cotton company Anderson, Clayton in Houston, Texas.
In 1958, he would found an investment firm called Fayez Sarofim and Company, and three years later he would become an American citizen. His company would grow and his investment firms would eventually oversee $30 billion in assets total.
All of this has allowed him to amass a huge fortune, making him one of the richest men in the world with a net worth of $1.91 billion in total.
Today, he is also part-owner of the Houston Texas of the NFL, the fifth most valuable NFL team.
In 1997, Fayez was inducted into the Texas Business Hall of Fame, and is ranked third on the list of most-influential Egyptian Americans.
Over the course of his life, after achieving the American dream, Fayez has worked to help others including contributing to the Museum of Fine Arts, the Houston Ballet, towards cancer research, children’s hospitals and even donating immensely to create the Hobby Center for the Performing Arts.
[Image Credit: Culture Map]