The Farsi family office, Corniche, was created to manage the family’s investment and philanthropic activities. The name refers to the “corniches,” or those roadways that hug coastlines, reflecting the family office’s attention to the careful navigation required to conduct a wide range of business and cultural interests. The name also serves as a tribute to Dr. Mohammed Said Farsi, a former mayor of Jeddah and a pivotal figure in the modern development of that city.
Dr. Mohammed Said Farsi served as the mayor of Jeddah from 1972 until 1986. During that time, he initiated various urban planning projects, one being the Corniche in Jeddah, a coastal boulevard intended for use by the public. The beautification of this area was enhanced by sculptures commissioned by artists on the international stage, including a cultural dimension to the space. In other words, the work of Dr Farsi at Corniche wasn’t more than only a part of reaching the goal of making public areas accessible in the town.
Transition to the Next Generation
The son of Dr Farsi, Hani Farsi, did not give up on the traditional involvement of his family in both cultural and business ventures. He moved to London in 1993 and ever since then he had been involved with theatre and the entertainment industries, where he supported the Donmar Warehouse Theatre along with investments in London’s restaurant industry. Along with all his businesses, Hani Farsi took part in some philanthropic activities and also established the M S Farsi Foundation back in 2009. It sponsors projects related to health care, education, cultural awareness, and environmental protection in various areas. Corniche proceeds by managing the family’s investments and supporting cultural projects and charities, in tune with the interests initiated by Dr. Farsi and carried forward by his son.
The Frasi family office is part of our UK single family office list as well as our list of top family offices in Europe.
Picture source: Suhrid
Last Updated on November 14, 2024
