Ray Davis (2024)

Table of Contents
Forbes Lists More on Forbes ‘Gran Turismo’ 4K Blu-Ray Announced - Including Promising Set Of Extra Features ‘Macross Zero’ Is Getting A Gorgeous Blu-Ray Remaster With English Subtitles ‘Oppenheimer’ 4K Blu-Ray Announced - And The Extras Are Even Longer Than The Film ‘Willow’ Star Warwick Davis Strikes Back At Disney: ‘Embarrassing’ Sony PlayStation Surprisingly Completes Its Journey From 4K Blu-Ray Zero To Hero ‘Indiana Jones And The Dial Of Destiny’ 4K Blu-Ray Announced - Including More Than Two Hours Of Bonus Features Director Garth Davis On Foe And How Sci-Fi Questions Our Existence Poor Play And Questionable Decisions Doom Tampa Bay Rays And Toronto Blue Jays OKC Thunder: Despite Large Contract, Davis Bertans Could Prove To Be Valuable Piece This Season NXP’s SVP Ray Cornyn On The Automotive Revolution: The Future Of Vehicles As Software-Defined Data Centers Rays Overcome Injuries, Adversity Once Again To Make It To October Marisha Ray And Brennan Lee Mulligan Discuss Candela Obscura Chapter 2 Duane Davis Charged With Murder Of Tupac Shakur Following Decades Of Investigations 2023 Forbes 400: The Richest Newcomers 2023 Forbes 400: 10 Youngest NeuraViPeR: A Ray Of Hope For The Visually Impaired

About Ray Davis

  • Ray Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer in 1995 and built it into a giant.
  • Davis stepped down as co-CEO in 2007 but still owns 2.4% of the publicly traded company.
  • In 2017, despite protests by the Standing Rock Sioux tribe, Energy Transfer finished building the $3.8 billion Dakota Access Pipeline.
  • Energy Transfer operates over 125,000 miles of pipeline that move approximately 30% of America's oil and natural gas.
  • Davis and a group of investors bought the Texas Rangers baseball team for about $600 million in 2010; it's now worth $1.5 billion net of debt.

Wealth History

HOVER TO REVEAL NET WORTH BY YEAR

Personal Stats

Age
81
Source of Wealth
Pipelines, Self Made
Self-Made Score
8
Philanthropy Score
2
Residence
Dallas, Texas
Citizenship
United States
Marital Status
Married
Children
3
Education
Master of Business Administration, LeTourneau University's School of Business

Did you know

In 1991, Davis tried his luck as CEO of publicly-traded dental supplies distributor Healthco, but the company filed for bankruptcy in 1993.

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