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Fayez Sarofim, Buffett-Style Investor and Art Collector, Dies at 93

Fayez Sarofim, an Egyptian immigrant who built a successful investment firm with an approach similar to Warren Buffett’s, died in Houston on Saturday at age 93.

Sarofim, who became a billionaire, had as good an eye for art as he did for stocks. Over nearly 60 years, he amassed a large, museum-quality collection including works by John Singer Sargent, Winslow Homer, Edward Hopper, and a variety of abstract expressionists such as Robert Motherwell and Willem de Kooning. It is one of the finest privately held collections in the…

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