Ray Davis Net Worth

How much is Ray Davis Worth?

in Richest BusinessmenRichest Billionaires
Ray Davis net worth:
$3.1 Billion

Ray Davis Net Worth: Ray Davis is an American businessman who has a net worth of $3.1 billion. A low-profile pipeline mogul, Ray Davis is now best known as the co-owner of the Texas Rangers baseball team. It was in 2010 that he teamed up with the founder of XTO Energy, Bob Simpson, to buy the team for $593 million. Prior to becoming baseball team co-owner, Davis united with fellow billionaire Kelcy Warren to acquire the gas pipeline company Cornerstone in 1993. The two bought a small net of pipelines that was consolidated into an efficient network. In 1999, Davis and Warren transferred the pipeline network to El Paso, where they created a natural gas retailer, distributor and pipeline company called Energy Transfer Equity. Even though Davis abandoned his position of Co-Chief Executive in 2007 and stepped down from the board in February 2013, he still has a 6% share in the company.

Ray Davis Net Worth

Ray Davis

Businessperson
Nationality
United States of America
Nicknames
Ray C Davis
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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