Wassim is a longtime investor in global biotechnology and medical device companies, as well as an avid and widely acknowledged collector of international contemporary art.  He was instrumental in organizing the Syri-Arts auction in 2013 that benefitted Syrian refugee children.

He is a major benefactor of a large orphanage center in Lebanon, and has established and provides ongoing funding for twelve high school and college scholarships for Lebanese students every year.

In addition, he is a benefactor of Ain owe Zein Hospital, where he has enabled new construction, and where he has also established scholarships for students in the nursing school.

He is a graduate of New York University.