Name
Fayez Sarofim
Fayez Sarofim
Houston, Texas
Bachelor of Arts/Science, University of California, Berkeley | Master of Business Administration, Harvard University
United States
4
money management
$1,600,000,000
1605
#1605 Billionaires 2019
#372 Forbes 400 2015
Octogenarian investment manager Fayez Sarofim is chairman and Co-Chief Investment Officer of money management firm Fayez Sarofim & Co.Sarofim, nicknamed "The Sphinx," was one of the first investors in energy pipeline firm Kinder Morgan.He received an M.B.A. from Harvard Business School before starting his own investment firm in 1958.He sits on the board of the Memorial Sloan-Kettering Cancer Center as well as the Texas Heart Institute.
He is the son of a wealthy Egyptian cotton farmer.He made his fortune as a buy-and-hold specialist with long-term investments in Philip Morris, Coca-Cola, and Procter & Gamble.
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