Studies have found that around 68% of those with a net worth of $30 million or more made it themselves. Investing sounds impressive and like a career field reserved for the privileged. Investing can teach you skills you need to help yourself and those you love to live better, more fulfilled, and more secure lives.
Investments could open a world of possibilities for you and those you care about. This is why we present to you a profile of one of the most significant investors of our time: Christopher Binyon Sarofim. Read on to learn more!
Early Life and Family
Christopher Binyon Sarofim was born on June 5, 1961, in Houston, Texas.
He is the son of Fayez Sarofim, an Egyptian-American businessman, and Louisa Stude Sarofim. Sarofim has two sisters, Farah and Pia. His paternal grandfather, Binyon Sarofim, was an Egyptian diplomat.
He began his career working for his father’s investment firm, Fayez Sarofim & Co.
In 1988, Sarofim married Valerie Biggs, with whom he has two sons, Benjamin and Alexander. The couple divorced in 2000. Sarofim has been in a relationship with Courtney Lanier since 2004.
Education and Career
Sarofim began his career as an analyst at White Weld & Co., an investment banking firm. He later worked at Chemical Bank and Drexel Burnham Lambert. In 1981, he founded Fir Tree Partners, a private equity firm.
He is the co-chairman and CEO of Sarofim Fayez & Co., Ltd., an investment management firm. He is also the chairman of the board of directors of the Sarofim School of Fine Arts at the University of Texas at Austin.
He attended The Kinkaid School and graduated from St. George’s School in 1982. He received a Bachelor of Arts degree in history from Princeton University in 1986.
Philanthropy
He serves on the boards of directors of several nonprofits, including the Houston Symphony, the Museum of Fine Arts, Houston, and the Houston Zoo. He and his wife are also active supporters of the Anthony Nolan charity.
He is the chairman and CEO of Fir Tree Partners, a private equity firm. He is also the chairman of the board of directors of the Metropolitan Museum of Art.
Net Worth
Christopher Sarofim has an estimated net worth of $2.7 billion.
He has made his fortune through his successful investment career. He is a graduate of Harvard Business School and began his career working for his father’s investment firm. He later started his own firm and has been extremely successful.
Inspiration Through Christopher Binyon Sarofim
In conclusion, Christopher Binyon Sarofim is an accomplished American businessman and philanthropist. He is the chairman and CEO of Sarofim Realty Advisors, which he founded in 1982.
He is also the chairman of the board of directors of the Texas Medical Center. Sarofim is involved in many charitable organizations, including the Boys & Girls Clubs of America and the Houston Symphony.
If you want to learn more about Christopher Binyon Sarofim, there are plenty of resources online.