The Duncan family – Net worth: $6.31 billion Dan Duncan established the Enterprise Products Partners company in 1968. America’s richest oil tycoons Oil prices are plunging, but not everyone is losing money. He’s got the highest ranking in the city with an estimated net worth of 7.1 billion bucks. After passing away in 2010, the fortune went to his children with equal shares, making each of them tied for the fifth richest people in Texas. By trading poker winnings for oil rights, he ultimately secured title to much of the East Texas Oil Field, one of the world's largest oil deposits. 355)  and vodka mogul Bert Beveridge (No. In Houston, you’ll recognize some well-heeled regulars like No. Wealth Nugget: He co-founded Energy Transfer in 1995. Our site is based on a vast data base which updates daily and can assist in solving hints appearing in diverse publications every day. Forbes magazine has released its 33rd annual list of Billionaires: The Richest People in The World. In all, Dallas boasts 17 billionaires, Houston  has 12, Austin brings nine, Fort Worth has eight representatives and San Antonio earns three spots. Wealth Nugget: He’s in the process of getting a custom-made Bugatti. Wealth Nugget: He ran for president in 1992 and 1996. She remained the wealthiest person in Fort Worth and the entire state, and ranks as the 12th richest person in the entire country. Get more of Dallas’ top restaurant, real estate, society, fashion and art in your news feed. His Dallas-based Chief Oil & Gas Co. has shown impeccable timing. Oil Slick: The Top 10 Richest Oil Tycoons. Stephens, 80, owns the largest closely held oil producer in Texas by production volume, Endeavor … John and Laura Arnold's owe their billions to hedge funds. Like his father, Hunt is deep into the oil business; Hunt Oil is one of the largest privately held oil companies in the nation. Nigerian oil tycoon takes Oprah's place as richest black woman in the world. Reach your investors/buyers by advertising on the website, eMail campaigns, webcasts and videos. Wealth Nugget: He’s the son of legendary wildcatter H.L. There’s also an astounding four-way Bayou City tie for No. The Texas Oil Boom began with the discovery of a large petroleum reserve near Beaumont, Texas. Born in 1839 John Davison Rockefeller, Sr. was co-founder of the Standard Oil Company, which dominated the oil industry and domestic kerosene market. 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According to Forbes, her net worth clocks in at $44.9 billion — a full $6.7 billion more than last year. EnerCom’s The Oil & Gas Conference SAVE THE DATE: Live in Denver August 15-18, 2021! City: Austin. But Walton remains the richest woman, and person, in all of Texas. There's no shortage of oil tycoons in Texas, or on Forbes' list of the richest billionaires in the world.. Top 5 list of the world’s richest oil barons. ®PAPERCITY ©2020 urban publishers, inc. all rights reserved terms & condition // privacy policy // sitemap. By Daily Mail Reporter. The kids of the late Duncan are each worth a cool $5.9 billion. Source of wealth: Computer services, real estate. Wealth Nugget: In 2013, he donated $25 million to the University of Texas McCombs Business School. 158, Andrew Beal with $9.2 billion and No. Fayez Sarofim is a billionaire list regular. Matt Winkelmeyer/Getty Images. Hunt’s 15 children. For many years, Bass and his relatives were the largest investors in The Walt Disney Company . Caroline Jones with grandfather Jerry Jones. West Texas mogul Autry Stevens weighing bids for his company that could put him among world's richest people Autry Stephens, 80, owns the largest closely held oil producer in Texas … Oil tycoon T. Boone Pickens put his Texas panhandle property on the market and it's listed for a massive $250 million Warren Buffett: Sell These 2 TSX Stocks Right Now! But across the globe, things aren’t looking as bright as they did in 2018. Drayton McLane Jr. 290 by the quartet of oil and gas giant Dan Duncan’s children — Randa Duncan Williams, Milane Duncan Franz, Scott Duncan and Dannine Avara. The Dallas-Fort Worth region leads the way, placing a whopping 18 billionaires on the Forbes 400. Source of wealth: Restaurant, entertainment and casino empire, second-year owner of Houston Rockets. In the seventh spot is Ray Hunt, the richest of the sons of Texas oil wildcatter H.L. Wealth Nugget: He is the founder of Patron and cofounder of John Paul Mitchell Systems. 239, Rich Kinder. For the second year this decade, the wealthiest people on the planet are looking at lacks of stacks rather than stacks on stacks. San Antonio stunned with No. OAG360 has multiple advertising opportunities. Wealth Nugget: He is the wealthiest of famous wildcatter H.L. Hunt is the richest of the legendary oil wildcatter H.L. By Mary Plunkett Jan 03, 2014. The average net worth of these Texas oil and gas billionaires is $4.1 billion. If you’ve been looking for the answer to Oil tycoon once considered the richest living American, we’re happy to share that you can find it here with us. Of course, Walmart heiress Alice Walton reached the tippy top of Texas financial titans. Wealthiest Americans, the wealthiest of famous wildcatter H.L Texans earned their through... 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