Company: Petrofac International
Syria’s Ayman Asfari is a long overdue addition to the Power 100. The boss of oil services giant Petrofac, he sits at the helm of one of the fastest growing FTSE 100 businesses that earlier this month reported a whopping 33 percent rise in full-year profit.
By any measure, Asfari is a success story. He took his first role in construction in Oman in his early twenties in a bid to fund an MBA at Wharton. It turned out to be unnecessary — less than a decade later, he was a millionaire with his own firm. Since buying out Petrofac in 2001, Asfari has turned it into one of the leading players in the Arab oil market. It listed in 2005 and today employs more than 11,000 people worldwide, with bases spanning London, Russia, Algeria and Sudan. If it’s big in oil, Petrofac has a presence there.
The group took more than $7.3bn worth of new orders in 2009. At the close of the year, its order book stood at around $8.1bn — double the total seen at the end of 2008.
These days, Asfari counts a London mansion, a private jet and a 99ft Sunseeker yacht among his treasures. Not bad for a man who dropped out of business school.