Farris Wilks Net Worth
Farris Wilks Net Worth: Farris Wilks is an American businessman who has a net worth of $1.5 billion. Farris Wilks rose to riches along with his brother Dan, with whom he co-founded and co-owns Wilks Masonry, Inc., a family-held company that offers high-quality craftsmanship to its clients. With manufacturing plants in North Texas, West Texas and Oklahoma, Wilks Masonry has established as a leading masonry company able to execute various projects ranging from minor renovation jobs to building from scratch multi-million-dollar construction complexes. Born to a mason father, Farris and Dan followed in their father's footsteps and they eventually set up their own company. In 1995 the siblings set the foundation of Wilks Masonry, Inc. Farris was appointed President, while Dan held the position of Vice President and estimator in the company. Some seven years later, Farris and Dan detected the need of branching out into the hydraulic fracturing and oil field service industry and thus they founded Frac Tech. In 2011, they sold their combined interest of almost 70% at Frac Tech (now FTS International Services, LLC) to a partnership lead by Temasek Holdings of Singapore for $3.5 billion. Since, they have been shedding the money by buying ranches across the west. In 2011, the sibling duo bought Tom Siebel's 62,000-acre N Bar Ranch in Montana for $45 million, as well as they acquired almost 300,000 acres in Montana and 36,000 acres in Idaho. In addition to the above, Farris Wilks has been a pastor of the Assembly of Yahweh 7th Day Church near Cisco.