Salem Andrew Abraham | |
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Born | 1966 Canadian, Texas, U.S. |
Alma mater | University of Notre Dame |
Occupation | Investor, hedge fund manager, and philanthropist |
Known for | Founding Abraham Trading Company |
Political party | Republican |
Spouse(s) | Ruth Ann Dennis Abraham |
Children | 8 |
Parent(s) | Malouf Abraham, Jr. & Therese Browne Abraham |
Relatives |
Malouf Abraham, Sr. (grandfather) Tom Abraham (great-uncle) Nahim Abraham (great-grandfather) |
Salem Andrew Abraham (born 1966) is an American investor, hedge fund manager, and philanthropist. He is the president and founder of Abraham Trading Company, a futures investment firm based in Canadian, Texas.
A member of a fourth-generation Irish-Lebanese Hemphill County family, Abraham is the second of three sons born to the retired physician, Malouf Abraham, Jr., and Therese Browne Abraham, a native of Mount Airy, North Carolina. Abraham's mother served as mayor of Canadian from 1981 to 1991. His grandfather, Malouf Abraham, Sr., known as "Oofie" Abraham, served as mayor from 1953 to 1957. Oofie was also an oil and natural gas entrepreneur and served as a Republican member of the Texas House of Representatives from 1967 to 1971. He has two brothers, Eddie (born 1965) and Jason (born 1969), who are engaged in cattle and horse ranching in Hemphill County.
Abraham's great-grandfather, Nahim Abraham, and his great-uncle, Tom Abraham, were merchants and community builders of Canadian. Nahim immigrated to the US from Lebanon and arrived in Canadian in 1913. Upon arriving, he launched The Fair Store, a department store known regionally for its high-quality dry goods merchandise, particularly clothing. After Nahim's retirement in 1955, Tom Abraham and his wife, Helen Ferguson Abraham, became the owners of the store.