Farouk Shami was born on the 15th December 1942, in Beit Ur al-Tahta, Ramallah, West Bank, Palestine and is an entrepreneur, best known as the founder and owner of the hair and skin care production company based in Texas, USA called Farouk Systems. Shami was also known through being a candidate for the Texas gubernatorial position in the elections held in 2010. Farouk has been active in the beauty industry since the early 1970s.
How much is the net worth of Farouk Shami? It has been estimated by authoritative sources that the outright size of his wealth is as much as $700 million, as of the data presented in early 2017. The beauty industry is the major source of Shami’s fortune.Farouk Shami Net Worth $700 Million.To begin with, Shami moved to the USA in 1965. He graduated from the University of Arkansas, and was then a student of the cosmetology school based in Arkansas.
Regarding his professional career, Shami has been working in the development of hair care products for many years. At the start, he even developed an allergy to ammonia substances and was recommended to leave this profession. Yet, Shami was so passionate about his work that he wouldn’t even consider leaving, and on the contrary, he invented hair colouring which is ammonia free. So successful was Farouk that not only is he the founder of the hair and skin care production company Farouk Systems, but it currently employs more than 600 people just in the US. Their production is known all over the world, and the brands such as Cationic Hydration Interlin, BioSilk and SunGlitz are really popular. They export their production to more than 106 countries all over the world. Farouk Systems is the major source of Farouk Shami net worth.
In 2009, Farouk Shami participated in the election for governor of Texas position, as a member of the Democratic Party, and became involved in several controversies concerning religious issues and the 11th September attacks. During the campaign he revealed that he does not belong to any religious organization but has a personal bond with God. Another controversy was the statement that Farouk was not sure if the government of the USA was involved in the attacks of 11th September. Probably due to these controversies he lost the election to the politician Bill White.
In 2010, Farouk Shami served on the board of the American Task Force on Palestine.Moreover, Shami was friends with the current President of the USA Donald Trump. Together they have participated in the Miss Universe and Miss USA pageants as well as in the reality television show “Celebrity Apprentice”, with Farouk providing sponsorship, but things changed after Trump’s anti-Hispanic remarks. However, Trump is believed to be using the CHI Helmet Head product made by Farouk System’s.
Finally, in the personal life of Farouk Shami, he has been married to Izziah Shami since 1961. They have an only child Basim Shami, who is also known for his work in the beauty industry. Currently, he is the President and CEO of the Beauty Elite Group.
We had the pleasure of interviewing Dr Farouk Shami, Chairman and Founder Farouk Systems Inc, at the International Beauty Show in New York , Feb 2023.
See More about the International Beauty Show 2023, in our World Liberty TV, Health and Beauty Channels by clicking here.
IBS New York is the east coast’s leading event for beauty professionals. Each year, the show draws press coverage from hundreds of top tier media outlets. Past media coverage includes, ABC, CNN, NBC, COSMOPOLITAN, UNIVISION, TODAY, MASHABLE, MODERN SALON and many more!
Take a look at the links below to see why beauty professionals consider IBS New York the beauty authority.
The International Beauty Show is the top trade show for members of the professional beauty industry. The show is for beauty professionals only and is not open to the general public.
The show’s main objective is to educate, in effect opening new doors for beauty professionals.
Over 66,500 beauty professionals attend IBS New York.
Included with your one day ticket are nail, hair, makeup, product focused and business classes, taught by well-known, industry professionals.
The show offers presentations by renowned artists on 2 Stages: The Main Stage, featuring hair techniques and trends and The Barbershop Stage, featuring men’s grooming and barbering techniques.
All companies exhibiting at IBS New York either sell or distribute products related to the beauty industry. The show offers exhibitors from top beauty brands!
See more about International Beauty Show (IBS),in our World Liberty TV Health, Beauty and makeup channels and blogs by clicking here.
IBS New York is your kind of crowd. It’s the longest-running professionals-only event in beauty and draws almost 63,300 of your kindred spirits each year. These salon owners, managers and stylists love what they do, are passionate about the beauty industry, are eager to learn and want to shop great deals at professionals-only pricing!
Attend IBS New York to learn new techniques and trends from industry icons, refine your skills, and stock up on all your salon and professional needs. Filled with top-notch education, excitement and inspiration, IBS New York can elevate your career to new heights!
More than 150 educational classes FREE with admission ticket
The largest exhibit hall in the Northeast, packed with 500 top exhibitors
Show-stopping Main Stage performances from the industry’s best artists
The chance to watch beauty’s top talent in competitions, such as the Major League Barber Competitions Products and tools at professionals-only pricing & FREE admission to the largest spa show in New York, IECSC.
IBS attendees are: Eager and driven salon owners & beauty professionals
Ready to purchase products and meet with new companies
Serious beauty professionals looking to acquire new skills
WORKSHOPS AND CLASSES FOR ALL LEVELS: IBS New York offers more than 150 educational classes taught by industry heavy hitters, providing the latest education in hair, nails, makeup and business FREE with your paid exhibit hall ticket! We are excited to announce even more Product Focused classes than ever before in 2016, along with 11 other education tracks, including: Techniques & Trends, Color, Texture & Natural, Men’s Grooming, Barber, Makeup: Artistry & Income, Nail Techniques &Trends and The Business Side of Beauty. As always, the Main Stage hosts performances from some of the hottest artists in the industry. Special classes for students and instructors are also available on Student Day, Tuesday, March 8. Each track provides attendees with exciting and beneficial education that can be used immediately to increase profits and stand out from the competition!
And, don’t miss invaluable the Hands-On Workshops and Master Classes. These comprehensive sessions led by industry icons are tactile and in-depth. Each Hands-on Workshop and Master Class requires a fee, and a one-day exhibit hall ticket is included in the fee! Check out the Hands-On Workshop and Master Class schedule here!
TWO SHOWS FOR THE PRICE OF ONE: The International Esthetics, Cosmetics & Spa Conference New York co-locates with IBS New York and features an extensive exhibit hall with leading companies and experts in the field of dermatology, spa services, equipment and massage techniques. IBS New York attendees get the opportunity to attend the IECSC show floor for FREE with their IBS admission ticket!
World Liberty TV, Health and Beauty Channel team was on hand at the 99th Annual IBS ,See some of the movers and shakers of this Business and new product debuts, by the World’s leading companies right here in our World Liberty TV ,Health and Beauty Channels.
The Following Iron and Accessories were reviewed from the International Beauty Show (IBS),in our World Liberty TV, Health and Beauty Channel:
BabyBliss Pro Nano Titanium Professional Ceramic Iron
CHI 1 ¼ Titanium Curling Iron Confidently Beautiful (Miss Universe Collection)
Crisace Tourmaline Ceramic ION Flat Iron with New Rubber Finish
Turbo Power Nano Ceramic Iron
FHI Heat Platform 1’Tourmaline Ceramic Professional Hair Styling Iron
I S O Limited Edition Diamond Collection Iron
CHI Kardashian Beauty 3 in 1Ceramic Hairstyling Iron Smooth ,Curl or Wave
Olivia Garden Hair Brushes
Pibbs Universal Hairdryer Holder
Salon Tech Silicone 450 Xtreme Professional Styling Iron
Salon Tech Spin Style Automatic Curling Iron (Innovation in Curling Technology)
Sam Villa Razor Trio
Sam Villa 8 Piece Comb Set with organizer case
Sam Villa SLEEKR Iron
Sam Villa Textur Iron
Switch Luscious Curlers
The Following Blower and Hair Dryers were reviewed from the International Beauty Show (IBS),in our World Liberty TV, Health and Beauty Channel:
Crisace Professional Tourmaline Ceramic ION Dryer
FHI Heat Platform , Nano Salon Pro 2000 Tourmaline Ceramic Hair Dryer .
Kardashian Beauty Premium Finished Hair Dryer
Salon Tech Feather Light 380G Professional Hair Dryer
Twin Turbo 3800 Ionic and Ceramic Echo Product Hair Dryer/Blower
