de Savary | Sadat | oil ventures | West Africa | oil refineries
The People’s Perfectionist
by
Pamela Robin Brandt
While none of the jobs de Savary worked for the first eight years
of his career might appear to have much to do with his present
life, de Savary feels they're why he's such a hands-on employer
today. "I may not be able to do everyone's jobs as well as they do,
but if I had to cook in the kitchen, or make your bed, I could do
it - because I've certainly had a go at it. I had to. My father
died penniless; I've never inherited a penny. I've always had to
work with my hands as well as with my brain. It's probably why I
don't ask my staff now to do anything I can't do myself." Which in
turn explains why much of de Savary's staff has been with him for
decades, despite the long days and exacting standards he
demands.
None of these jobs made him rich, either. But in 1969, says de
Savary, "I met somebody who said there were great opportunities in
West Africa. At the time, I had a wife and daughter to support, and
no money. So I borrowed money and went there." Within five years,
de Savary had built a solid import/export business from that
calculated risk, and he then parlayed it into wildly successful
shipping and
oil ventures that made millions over some 20-odd
years. He had three oil refineries and 16 shipyards across the
world. "And along the way, through my involvement in the Egyptian
oil business," he says, "I got involved in interesting real estate,
building my first five-star hotel
in Cairo."
That sounds like a major career change, but de Savary says no. The
common thread: people skills. "I built that hotel because I'd
gotten friendly with
Egypt's
President [Anwar] Sadat and he asked
me to." Sadat then jump-started de Savary's new business by opening
the hotel with the high-profile, historic 1976 summit between
himself and
Israel's prime minister [Menachem] Begin.
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