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

Net Worth:$3.1 Billion
Gender:Male
Profession:Businessperson
Nationality:United States of America
Last Updated:2018
All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.
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