Fayez Sarofim, Houston investor, philanthropist, has died at age 93 - KPRC2 hounews HTX Texas
Honorees Fayez Sarofim and Susan Sarofim attend the Fifth Annual UNICEF Gala Houston 2018 at The Post Oak Houston on May 4, 2018 in Houston. – Investor and philanthropist Fayez Shalaby Sarofim has died at the age of 93, a representative from Museum of Fine Arts, Houston confirmed to KPRC 2.“It is difficult to overstate the impact of Fayez Sarofim on the city of Houston and its institutions over his long life.
Fayez Sarofim & Co., with headquarters at 2 Houston Center, grew to be the largest investment advisory firm in the Southwest, according to the obituary. Early clients included the Rice University Endowment, The Brown Foundation, Inc., Texas Children’s Hospital, the Cullen Foundation, and Ford Motor Company, along with numerous other pension plans, endowments, foundations, and individuals.
In addition to his work with organizations, the obituary adds: “Fayez had impeccable taste that was on display at his homes, in his Savile Row tailored suits, and, most predominantly, in his art collection. The walls of his homes and the offices of Fayez Sarofim & Co. show his passion for artists such as Winslow Homer, Childe Hassam, John Singer Sargent, Willem de Kooning, Mark Rothko, Hans Hofmann, and beyond.
Fayez, the obituary notes, is survived by his wife, Susan, his son Christopher and wife, Courtney, his daughter, Allison, and husband, Patrick Seabase, his son Andrew and wife, Mona, and his son Phillip, along with his grandchildren Gillian, Louisa, Fayez, Claire, Henry, Angelique, and Serenella, and his step-granddaughter Lily. He is preceded in death by his son Max.
The obituary says a funeral service will be conducted by Daniel Cardinal DiNardo at 10 a.m. on Thursday in the Co-Cathedral of the Sacred Heart, 1111 St. Joseph Parkway in Houston.In lieu of flowers, the family asks that contributions be directed to CHI St. Luke’s Health Baylor College of Medicine or the Museum of Fine Arts, Houston.