Christopher Cline net worth: Christopher Cline is an American businessman who has a net worth of $1.2 billion dollars. Born in Beckley, West Virginia, Christopher Cline grew up in a coal mining family. His grandfather had his own coal mining operation in West Virginia, and Mr. Cline was paid a penny a bag, for every bag he filled with dirt. The bags were then used for mine blasting. Later, his father gave him part of the family business. He left Marshall University to focus on the family business when he was 21, and grew it into one of the most successful coal mining companies in the world. His company, now called Foresight Energy, produces 20 million tons of coal a year. He is credited with reviving the coal mining industry in Illinois, and is often referred to as, "The New King of Coal". One of his company's primary investors is the Carlyle Group, and Foresight plans to go public in 2013, even as other energy companies are faltering.
Christopher "Chris" Cline is an American mining entrepreneur and philanthropist. As of March 2013, he is the majority owner of privately held Foresight Reserves LP, headquartered in Palm Beach, Florida. Regarded by Bloomberg as the New King Coal, Cline is considered responsi...
Date of Birth
- July 5, 1958
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