Did you know? In 2002 he had his first big score when he and billionaire friend See Kelcy Warren above, with whom Davis first teamed in 1993 to build Cornerstone Natural Gas, which they sold to El Paso Natural Gas in 1996 before launching Energy Transfer. bobcooltx/Shutterstock A dozen Houstonians landed on the 2016 Forbes 400 list of the richest Americans, and most managed to maintain or increase their net worth. From Michael Dell to Alice Walton, here's a look at the 25 richest people in Texas. It’s now worth $4.2 billion — and has ranked as the most valuable NFL team for the past 11 years. In 2004 Rowling bought Gold's Gym, which With his three brothers, Robert Bass inherited a small fortune from their oil tycoon uncle In 1984 bankruptcy attorney Trevor Rees-Jones decided that he wanted to be the guy making the deals, not the schlub cleaning up after them. SERVES: 48. It features a 100,000 gallon cistern to collect stormwater for irrigation. In 1964 Jones was co-captain of the University of Arkansas team that won the national championship. This year he teamed with Carlyle Group to buy ConocoPhillips Colorado gas fields for $3 billion. Another conspicuous absence from this Texas rich list is Charles Butt, the scion of the family behind the beloved HEB supermarket chain. While the local area ranked fairly high the top spot belongs to a beloved Hill Country retreat. Wikimedia Commons He has since redeployed capital in the Haynesville shale natural gas play in Louisiana. Last year Dell managed a coup when he merged his privately-held Denali with publicly-traded EMC Storage in an estimated $60 billion deal. 1,290 in the world, each with a net worth of $1.6 billion.Several members of the Bass family also made the list, led by We can transcend the script of a pre-defined story, and pave the way for the future that we design. When it’s hot outside and turning on the oven is not an option, they’re essential. AP Images The Forbes World’s Billionaires list is a snapshot of wealth using stock prices and exchange rates from March 18, 2020. Bert "Tito" Beveridge founded Tito's Vodka in 1997. Very private.McLane started work at age nine sweeping floors on at his family’s grocery distribution company. Texas ranks as the second most populous state in the U.S., so it would stand to reason that the Lone Star State also would be second in terms of the number of millionaire households. sales) car distributor built by his father, Thomas (d. 2017) that enjoys exclusive rights to sell Toyotas in Texas, Arkansas, Louisiana, Mississippi and Oklahoma.

The Forbes 400 net worth cut off this year was a record-high $2 billion. Thomson Reuters READY IN: 1hr. . Since then he has more than doubled the chain to 60 locations and 21,000 rooms. He also invests in oil and real estate and collects art, such as his prized “Coin Toss” by Thanks to a temporary repeal of the death tax, when pipeline tycoon In 1996 Robert Rowling recycled $500 million of proceeds from the sale of family oil and gas fields into the purchase of the Omni Hotels chain. Get a daily personalized selection of our top stories.

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