Sharif lived in Egypt from his birth until he moved to Europe in 1965. He recounted that in 1932, his father "wasn't a wealthy man", but "earned quite a bit of money". Before the Egyptian Revolution of 1952, King Farouk frequented Sharif's family home, and became a friend and card-game partner of Sharif's mother. His mother was an elegant and charming hostess who was all too delighted with the association because it gave her the privilege of "consorting only with the elite" of Egyptian society. Sharif also recounted that his father's timber business was very successful during that time in ways that Sharif describes as dishonest or immoral. By contrast, after 1952, Sharif stated that wealth changed hands in Egypt under Nasser's nationalisation policies and his father's business "took a beating".