November 4, 2009 1:02 PM

Texas Hair Care CEO Vows $10M Run for Gov.

By
CBSNews
(AP)  A wealthy Houston businessman says he will use $10 million of his own money in his Democratic primary bid for governor.

Hair care executive Farouk Shami says he plans a formal campaign announcement Nov. 19.

Shami, the founder and chairman of Farouk Systems Inc., also says he would waive the governor's $150,000 annual salary and accept just $1 to serve Texas.

The Austin American-Statesman reports the 66-year-old political novice said Tuesday that he is "100 percent sure" that he will be the next governor of Texas.

Gov. Rick Perry and U.S. Sen. Kay Bailey Hutchison are expected to face off in the Republican primary in March.

Others seeking the Democratic nomination include former U.S. ambassador Tom Schieffer, humorist Kinky Friedman and rancher Hank Gilbert. Therapist Mark Thompson recently said he has dropped his bid for governor.




AP
Add a Comment
by Lola_SM_ November 10, 2009 7:01 AM EST
Farouk Shami is a very Kind and respectable person; he didn?t run for the election seeking for wealth or fame. He is a successful, wealthy and famous business man , he run for the election for the sake of Texas and its people . Farouk Shami is an honest and a very loyal man he had lived in Texas and he achieved all his dreams there and now it?s time for him to pay back for his beloved state, he will create jobs to every Texan , We pure citizens of Texas we do believe in you and we will vote for you and you will be the next governor of Texas !!!!Good Luck
Reply to this comment
by Lola_SM_ November 10, 2009 6:58 AM EST
Farouk Shami is a very Kind and respectable person; he didn?t run for the election seeking for wealth or fame. He is a successful, wealthy and famous business man , he run for the election for the sake of Texas and its people . Farouk Shami is an honest and a very loyal man he had lived in Texas and he achieved all his dreams there and now it?s time for him to pay back for his beloved state, he will create jobs to every Texan , We pure citizens of Texas we do believe in you and we will vote for you and you will be the next governor of Texas !!!!Good Luck
Reply to this comment
by Lola_SM_ November 10, 2009 6:57 AM EST
Farouk Shami is a very Kind and respectable person; he didn?t run for the election seeking for wealth or fame. He is a successful, wealthy and famous business man , he run for the election for the sake of Texas and its people . Farouk Shami is an honest and a very loyal man he had lived in Texas and he achieved all his dreams there and now it?s time for him to pay back for his beloved state, he will create jobs to every Texan , We pure citizens of Texas we do believe in you and we will vote for you and you will be the next governor of Texas !!!!Good Luck
Reply to this comment
by Lola_SM_ November 10, 2009 6:56 AM EST
Farouk Shami is a very Kind and respectable person; he didn?t run for the election seeking for wealth or fame. He is a successful, wealthy and famous business man , he run for the election for the sake of Texas and its people . Farouk Shami is an honest and a very loyal man he had lived in Texas and he achieved all his dreams there and now it?s time for him to pay back for his beloved state, he will create jobs to every Texan , We pure citizens of Texas we do believe in you and we will vote for you and you will be the next governor of Texas !!!!Good Luck
Reply to this comment
by aldon61 November 4, 2009 1:44 PM EST
Sadly, this guy doesn't have a chance in Texas, just based on his name. If his name was Bubba Wilson, or something like that, maybe, but not Farouk Shami. I'm not saying it's right, but that's the way it is down here in Texas. You can't imagine how much hate was openly displayed with Barack Obama's name on the ballott last year. This guy has better use for his 10 million, I'm sure of it!
Reply to this comment
by I_am_me1953 November 4, 2009 1:56 PM EST
Oh he11, let him go broke.
by Lola_SM_ November 10, 2009 7:01 AM EST
Farouk Shami is a very Kind and respectable person; he didn?t run for the election seeking for wealth or fame. He is a successful, wealthy and famous business man , he run for the election for the sake of Texas and its people . Farouk Shami is an honest and a very loyal man he had lived in Texas and he achieved all his dreams there and now it?s time for him to pay back for his beloved state, he will create jobs to every Texan , We pure citizens of Texas we do believe in you and we will vote for you and you will be the next governor of Texas !!!!Good Luck
.
Scroll Left
Scroll Right More »
CBS News on Facebook