Ayman Asfari

Ayman Asfari

$1.10 B

Ranked #1795 in World

About Ayman Asfari

Ayman Asfari, a distinguished business leader with a net worth of $1.2 billion as reported by Forbes in February 2015, has made significant strides in the corporate and philanthropic realms. Born in Syria on 8 July 1958 and having acquired an MSc in Civil and Urban Engineering from the University of Pennsylvania, as well as an MBA from its Wharton School, Asfari took a pivotal role at Petrofac, a company he joined in 1991 and later became its CEO before stepping down on 31 December 2020. Under his leadership, Petrofac expanded its operations and went public on the London Stock Exchange in 2005. Beyond his business achievements, Asfari and his wife, Sawsan, founded the Asfari Foundation in 2006, focusing on civil society development, emergency humanitarian relief, and academic scholarships, demonstrating a strong commitment to philanthropy. Additionally, Asfari has contributed significantly to the British Conservative Party, highlighting his involvement in political spheres.

Born

July 08, 1958

Age

67 years

Source Of Wealth

Oil Services

Industries

Energy

Citizenship

United Kingdom

Residence

London

Education

Master of Business Administration, University of Pennsylvania Wharton School

Spouse

Sawsan Asfari

Children

4

Ayman Asfari was born on 8 July 1958 in Syria to a diplomat. He was raised outside Syria due to his father's diplomatic career.

Ayman Asfari: Family

Ayman Asfari is married to Sawsan Asfari, and together they established the Asfari Foundation in 2006.

Ayman Asfari: Career Highlights

Ayman Asfari's career journey includes the following notable milestones:

  • Served as the managing director of a major Oman-based civil and mechanical construction business before joining Petrofac.
  • Joined Petrofac in 1991 when it had one plant in Tyler, Texas.
  • Bought out the company in 2001 and took it public on the London Stock Exchange in 2005.
  • Stepped down as CEO on 31 December 2020 and became a non-executive director in January 2021.

Ayman Asfari: Companies

Ayman Asfari has been associated with the following companies:

  • Petrofac
  • Oman-based civil and mechanical construction business (name not specified)

Ayman Asfari: Major Achievements

Ayman Asfari's major achievements include:

  • Taking Petrofac public on the London Stock Exchange in 2005.
  • Growing Petrofac from a single plant in Tyler, Texas, to a global oil and gas services company.
  • Winning the UK category of the Ernst & Young Entrepreneur of the Year Awards in 2011.

Ayman Asfari: Awards & Achievements

Ayman Asfari has received the following awards and recognition:

  • Ernst & Young Entrepreneur of the Year Awards (UK category, 2011)

Ayman Asfari: Personal Life & Legacy

Ayman Asfari is known for his philanthropic efforts through the Asfari Foundation, which supports civil society development, emergency humanitarian relief, and academic scholarships. He has also made significant political donations to the British Conservative Party.

Ayman Asfari: Trivia

Ayman Asfari's net worth was estimated at $1.2 billion by Forbes in February 2015. His paycheck from Petrofac was cut by 45% to £980,000 in 2019.

Wealth History

Timeline

8 July 1958

Ayman Asfari was born in Syria to a diplomat.

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Ayman Asfari was raised outside Syria.

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Ayman Asfari's first job was in Oman as a consulting engineer.

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Ayman Asfari graduated from Villanova University in Pennsylvania, USA.

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Ayman Asfari holds an MSc in Civil and Urban Engineering from the University of Pennsylvania.

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Ayman Asfari attended the Wharton School of the University of Pennsylvania for his MBA.

N/A

Ayman Asfari served as the managing director of a major Oman-based civil and mechanical construction business before joining Petrofac.

1991

Ayman Asfari joined Petrofac when it had one plant in Tyler, Texas.

2001

Ayman Asfari bought out Petrofac and took it public on the London Stock Exchange in 2005.

February 2015

Ayman Asfari's net worth was estimated at $1.2 billion by Forbes.

2011

Ayman Asfari won the UK category of the Ernst & Young Entrepreneur of the Year Awards.

2019

Ayman Asfari's paycheck from Petrofac was cut by 45% to £980,000.

31 December 2020

Ayman Asfari stepped down as CEO of Petrofac.

January 2021

Ayman Asfari became a non-executive director of Petrofac.

2006

Ayman Asfari established the Asfari Foundation with his wife, Sawsan Asfari.

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The Asfari Foundation supports civil society development, emergency humanitarian relief, and academic scholarships.

May 2017

Ayman Asfari donated £100,000 to the British Conservative Party election campaign.

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Ayman Asfari's total donations to the Conservative Party between 2009 and 2017 amounted to £794,000.

Ayman Asfari : FAQs

What is Ayman Asfari's net worth?

As of 2017, Ayman Asfari's net worth was $1.10 billion.

What are Ayman Asfari's main sources of wealth?

Ayman Asfari's main source of income comes from Oil Services.

In which industry does Ayman Asfari primarily operate?

Ayman Asfari is primarily involved in the Energy industry.

What is Ayman Asfari educational background?

Ayman Asfari holds a Master of Business Administration from the University of Pennsylvania Wharton School.

How old is Ayman Asfari?

Ayman Asfari is 67 years old.

How many children does Ayman Asfari have?

Ayman Asfari has 4 children.

Who is Ayman Asfari and what is his background?

Ayman Asfari, born on July 8, 1958, in Syria to a diplomat, was raised outside Syria. He started his career in Oman as a consulting engineer and holds a BSc from Villanova University and an MSc in Civil and Urban Engineering from the University of Pennsylvania, where he also attended the Wharton School for his MBA.

How did Ayman Asfari contribute to Petrofac's growth?

Ayman Asfari joined Petrofac in 1991, bought out the company in 2001, and led it to go public on the London Stock Exchange in 2005, significantly contributing to its expansion and success in the global market.

Can you detail Ayman Asfari's transition in Petrofac and his current role?

Ayman Asfari served as CEO of Petrofac until 31 December 2020. Following his step down, he became a non-executive director in January 2021, continuing his association with the company in a different capacity.

What are Ayman Asfari's contributions to politics and charity?

Through the Asfari Foundation, which he established with his wife Sawsan in 2006, Ayman Asfari supports civil society development, emergency humanitarian relief, and academic scholarships. He also made significant donations to the British Conservative Party, including £100,000 in May 2017, with total donations amounting to £794,000 between 2009 and 2017.
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