Kelcy Warren | |
|---|---|
 Warren in 2017 | |
| Born | Kelcy Lee Warren November 5, 1955 Gladewater, Texas, US |
| Education | White Oak High School |
| Alma mater | University of Texas at Arlington |
| Occupation | Chairman & CEO of Energy Transfer Partners |
Kelcy Lee Warren (born November 9, 1955) [1] is an American billionaire and the chairman and chief executive officer of Energy Transfer Partners. [2] [3] [4] [5] [6]
Born in Gladewater, Texas, Warren grew up in White Oak, Texas, the youngest of four sons of Hugh Brinson Warren and Bertie Lee Kirby. [1] His father worked as a field hand for Sun Pipeline, a company now owned by Warren. [7] Warren went to White Oak High School.
He received a bachelor's degree in civil engineering from the University of Texas at Arlington in 1978. [8] [3] [6]
He started his career working for the Lone Star Gas Company. [2] [3] [6] From 1981 to 1992, he worked for Endevco. [2] [6] He served as executive vice-president Cornerstone Natural Gas from 1989 to 1990, and as president and CEO from 1993 to 1996. [2] [3] [4] [6] He has been the co-chairman and co-CEO of Energy Transfer Partners since 2007. [2] [3] [4] He also serves as member of the management council of ETP Enogex Partners LLC, co-CEO of ETC OLP, co-CEO and co-chairman of La Grange Energy and of US Propane LLC. [2] He is a former co-chairman of Le Gp, OEC Compression.
From 1996 to 2000, he sat on the board of directors of Crosstex Energy. [2] [3] He serves on the advisory board of his alma mater, the University of Texas at Arlington. [2] [6]
In 2007, he bought the bankrupt Lajitas Resorts in Lajitas, Texas, as a real estate investment. [6]
Warren purchased the Roatan Electric Company (RECO) in 2008, where he serves as president and chairman of the board. [9] RECO invested $7 million on a wind farm that was scheduled for completion in 2017. [10]
Warren is chief executive officer and chairman of Energy Transfer Partners. Warren also serves as chairman of the general partner of Energy Transfer Equity. Prior to the combination of the operations of ETP and Heritage Propane in 2004, Warren co-founded the entities that acquired and operated the midstream natural gas pipelines that were contributed in the merger. From 1996 to 2000, Warren served as a director of Crosstex Energy, Inc. and from 1993 to 1996, he served as president, chief operating officer and a director of Cornerstone Natural Gas, Inc. Warren has more than 25 years of business experience in the energy industry.
In 2015, Governor Greg Abbott of Texas appointed Warren to the Texas Parks and Wildlife Commission. [11]
In 2022, he ranked No. 289 on the Forbes 400 list of the richest people in America, with an estimated net worth of $3.8 billion. [12] Warren received a COVID stimulus check in 2020 as he had reported large losses previously. [13]
In 2007, he co-founded an independent record label, Music Road Records, with Jimmy LaFave and Fred Remmert. [5] He collects music memorabilia, and has a collection that includes autographs of Jackson Browne and drumsticks signed by the Eagles. [5]
In 2020, Forbes gave Warren its lowest score for philanthropy, a "1." This indicates he was in the lowest 20% of billionaires rated. [14]
Warren has hosted the Cherokee Music Festival since it began in 2007. It is a nonprofit event to raise money for children's charities and local public service organizations. [15] [16]
In 2012, Warren donated $10 million to help build Klyde Warren Park in downtown Dallas. It is named for his son. As part of the contract, his son cleans up trash from the park once a month. [7] The construction of the park cost about $90 million. Warren's gift was the largest, giving him naming rights. [17]
The Kelcy Warren Foundation supports the Caddo Lake Institution, an organization with the mission of protecting the ecological, cultural and economic integrity of Caddo Lake and its associated wetlands and watershed. [18]
Warren donated $6 million to Governor Rick Perry's 2016 presidential campaign. [19] He also donated $103,000 to President Donald Trump's 2016 presidential campaign. [20] Together with his spouse Amy, Warren contributed $1.8 million to President Donald Trump's 2020 presidential campaign. [21] He gave $1 million to Greg Abbott after Texas's 2021 legislative session. [22]
Warren married the former Sherry Johnson on May 18, 1980, in Dallas, and they divorced in 1991. He married Amy Hudson on June 3, 2010, in Dallas. He has one son, Klyde Warren. [8]
He lives in Preston Hollow, Dallas [5] on an 8+ acre estate on Park Lane valued at more than $30 million. [23] In 2012, press reports indicated he owned an estate on an island off the coast of Honduras. [24]
In 2010, he bought the 3,500-acre BootJack Ranch near Pagosa Springs, Colorado, for $46.5 million. [5] [25] He also owns an 8,000-acre ranch near Cherokee, Texas, [5] the 20,000-acre Lajitas Golf Resort and Spa in Lajitas, Texas, [26] and a private island near Roatán, Honduras. [5]
In 2020 Warren acquired Castletown Cox house and estate in County Kilkenny, Ireland for €12.6m. [27] [28]
White Oak is a city in Gregg County, Texas, United States. It was incorporated in 1960. The population was 6,225 as of 2020.
Donald Leroy Bren is an American billionaire businessman. He is the chairman and owner of the Irvine Company, a U.S. real estate development corporation. With a net worth of $16.2 billion, he ranks number 112 on the 2022 Forbes Billionaires List.
Ray Lee Hunt is an American billionaire heir and businessman.
Dan L. Duncan was an American born in Center, Texas. He was the co-founder, chairman and majority shareholder of Enterprise Products.
Thomas Boone Pickens Jr. was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of November 2016, Pickens had a net worth of $500 million.
Henry Ross Perot Jr. is an American businessman and real estate developer who is best known for his development of Alliance, Texas, an inland port near Dallas–Fort Worth, and making the first circumnavigation of the world in a helicopter at the age of 23.
Energy Transfer LP is an American company engaged in the pipeline transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1996 by Ray Davis and Kelcy Warren, who remains Executive Chairman.
Robert Muse Bass is an American billionaire businessman and philanthropist. He was the chairman of Aerion Corporation, an American aerospace firm in Reno, Nevada. In 2018, he had a net worth of $5 billion. Bass has served on the Texas Highway & Public Transportation Commission.
Richard Kinder is an American businessman. He is the co-founder and executive chairman of Kinder Morgan Inc., an energy and pipeline corporation.
The Confederate War Memorial was a 65 foot (20 m)-high monument that pays tribute to soldiers and sailors from Texas who served with the Confederate States of America (CSA) during the American Civil War. The monument was dedicated in 1897, following the laying of its cornerstone the previous year. Originally located in Sullivan Park near downtown Dallas, Texas, United States, the monument was relocated in 1961 to the nearby Pioneer Park Cemetery in the Convention Center District, next to the Dallas Convention Center and Pioneer Plaza.
Samuel Evans Wyly is an American businessman. He first appeared on Forbes's list of richest Americans in 2000 with a net worth of $750 million, and he remained on that list throughout 2010 with a net worth of $1 billion. His initial wealth was acquired following the public offering of University Computing Company.
Timur Askaruly Kulibayev is a Kazakh business oligarch and son-in-law of former Kazakh president Nursultan Nazarbayev.
Lajitas is an unincorporated community in Brewster County, Texas, United States, near the Big Bend National Park. According to the Handbook of Texas, the community had a population of 75 in 2010.
Tilman Joseph Fertitta is an American billionaire businessman and television personality. He is the chairman, CEO, and owner of Landry's, Inc. He also owns the National Basketball Association (NBA)'s Houston Rockets. Fertitta is chairman of the board of regents of the University of Houston System.
Trevor D. Rees-Jones is an American attorney, billionaire businessman, and philanthropist from Texas. He is the founder and chairman of Chief Oil and Gas. He has a net worth of approximately $4.4 billion.
Thomas Fahr Steyer is an American climate investor, businessman, hedge fund manager, philanthropist, environmentalist, and liberal activist. Steyer is the co-founder and co-chair of Galvanize Climate Solutions, founder and former co-senior-managing-partner of Farallon Capital and the co-founder of OneCalifornia Bank, which became Beneficial State Bank, an Oakland-based community development bank. Farallon Capital manages $20 billion in capital for institutions and high-net-worth individuals. The firm's institutional investors include college endowments and foundations. Steyer served on the board of trustees at Stanford University from 2007 to 2017. Since 1986, he has been a partner and member of the executive committee at Hellman & Friedman, a San Francisco–based private equity firm.
Kenneth A. Hersh is an American businessman and financier. He is the former chairman and CEO of NGP Energy Capital Management (NGP), a private equity firm based in Texas. He is the CEO of the George W. Bush Presidential Center in Dallas.
Jeffery Hildebrand is an American billionaire businessman. He is the founder, chairman, and chief executive officer (CEO) of Hilcorp Energy Company.
Klyde Warren Park is a 5.2-acre (2.1 ha) public park in Downtown Dallas, Texas. The park is over the Woodall Rodgers Freeway, and opened in 2012. It is named for Klyde Warren, the young son of billionaire Kelcy Warren who donated $10 million to the development of the park.
{{cite web}}: CS1 maint: numeric names: authors list (link)