He founded Farouk Systems in 1986 and has since grown it into a multi-million dollar business.
Farouk Shami is a Palestinian-American businessman with a net worth of $700 million. He is the founder of Farouk Systems, a hair-care and spa products company, which he started in 1986. Shami is a dropout from the University of Arkansas, where he studied cosmetology, but he has been able to use his knowledge and experience in the field of hair-care product development to build a successful business.
Farouk Shami is a member of CEOs
💰Farouk Shami Net worth: $700 Million
Actually, he was the one to invent the first ammonia- free hair color. Today, his Houston-based Farouk Systems, has 2,000 employees and exports its line of hair and skin care products under the following brands: BioSilk, SunGlitz and Cationic Hydration Interlink (CHI). They are transported to more than 106 countries in the world. Aside from setting up a successful cosmetics business, Shami entered politics in 2009 when he ran in the 2010 Texas gubernatorial election. Unfortunately, he lost in the Democratic primary.
