Fayez sarofim bio

  • fayez sarofim bio

    • Fayez Sarofim

    Egyptian businessman (1929–2022)

    Fayez Shalaby Sarofim (Coptic: ϥⲁⲉⲍ ⲥⲉⲣⲁⲫⲓⲙ, Egyptian Arabic: فايز صاروفيم‎; 1929 – 27 May 2022) was an Egyptian Coptic-American heir to the Sarofim family fortune, a fund manager for three Dreyfus family stock funds,[1] the largest shareholder of Kinder Morgan (NYSE: KMI) and part owner of the NFL team Houston Texans.[2]

    Sarofim had an estimated net worth of $1.6 billion in May 2022.[3] His investment firm oversaw over $30 billion in assets. According to Tim Fernholz, Sarofim's estate made a $7,000,000,000 estate-tax payment[4] to the US government on his death.

    Early life

    Fayez Shalaby Sarofim was born in 1929 in Cairo to Shalaby and Mary Simaika Sarofim as the second of three children.[5] His family belonged to the old nobility of Egypt. As the son of an Egyptian aristocrat and agricultural magnate, Sarofim spent his early life as a member of Egypt's political