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Subject Item
dbr:Refaat_El-Sayed
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Refaat El-Sayed Refaat El-Sayed Refaat El-Sayed
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Refaat El-Sayed (born 11 February 1946 in Egypt) is a businessman of Egyptian and Swedish nationality, and convicted criminal. At the beginning of the 1980s, he took command of a small biotech company, Fermenta, which he quickly turned into one of the success stories of the Stockholm stock exchange. El-Sayed soon became Sweden's richest man, and made the fortune of his employees and shareholders. A charismatic leader, he was a favourite of the media, and in December 1985 he was named "Swede of the year" by the TV news program Rapport. The following month, Fermenta announced a partnership with Swedish industrial giant Volvo. El-Sayed was at the peak of his fame. Refaat El-Sayed (alternativt Rifaat Mohamad El-Sayed), född 11 februari 1946 i Egypten, är en finansman och VD, bosatt i Sverige från slutet av 1960-talet. Han blev 1985 utnämnd till årets svensk. Refaat El-Sayed, né le 11 février 1946 en Égypte, est un homme d'affaires de nationalité égyptienne et suédoise. Résident en Suède, il prend au début des années 1980 les commandes d'une petite société de biotechnologie, Fermenta, qui sous sa direction devient rapidement un titre porteur de la bourse de Stockholm.
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Refaat El-Sayed (alternativt Rifaat Mohamad El-Sayed), född 11 februari 1946 i Egypten, är en finansman och VD, bosatt i Sverige från slutet av 1960-talet. Han blev 1985 utnämnd till årets svensk. Refaat El-Sayed (born 11 February 1946 in Egypt) is a businessman of Egyptian and Swedish nationality, and convicted criminal. At the beginning of the 1980s, he took command of a small biotech company, Fermenta, which he quickly turned into one of the success stories of the Stockholm stock exchange. El-Sayed soon became Sweden's richest man, and made the fortune of his employees and shareholders. A charismatic leader, he was a favourite of the media, and in December 1985 he was named "Swede of the year" by the TV news program Rapport. The following month, Fermenta announced a partnership with Swedish industrial giant Volvo. El-Sayed was at the peak of his fame. The fall from grace was brutal: just one month later, El-Sayed was accused of lying about his academic qualifications, as he had falsely asserted he was a Doctor of Science. The partnership with Volvo was broken. He was later sentenced to six years in prison for fraud. In 1992, El-Sayed became the CEO of another biotech company, Hebi Health Care. Refaat El-Sayed, né le 11 février 1946 en Égypte, est un homme d'affaires de nationalité égyptienne et suédoise. Résident en Suède, il prend au début des années 1980 les commandes d'une petite société de biotechnologie, Fermenta, qui sous sa direction devient rapidement un titre porteur de la bourse de Stockholm. On apprend par la suite qu'il a menti sur ses qualifications, ayant prétendu à tort être titulaire d'un doctorat. Le partenariat avec Volvo est rompu, et la bourse de Stockholm commence à enquêter sur d'éventuelles malversations. El-Sayed est définitivement écarté de la direction de Fermenta fin 1986, avant d'être déclaré en faillite personnelle, et d'être condamné à six ans de prison pour fraude et délit d'initié. Libéré en 1992, El-Sayed prend la tête d'une autre société du secteur des biotechnologies, Hebi Health Care, qui fait faillite en 2011. En 2012, il est recherché par Interpol pour fraude.
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