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The Richest in Real Estate Top 100

#80 Kelcy Warren

The Basics

Location: Dallas/Fort Worth | Net Worth: $1.74 B

Location: Dallas/Fort Worth | Net Worth: $1.74 B

Kelcy Warren

Kelcy Warren has made a fortune in the oil and gas industry off of the Barnett Shale formation in North Texas, which has produced trillions of cubic feet of natural gas.

Energy Transfer Equity, the pipeline company Warren co-founded, has remained successful in the face of plummeting oil prices—in September 2015, it announced its intention to buy Williams Co. for $37.7B (the merger is still under review). The acquisition would put Warren at the helm of more than 100,000 miles of oil and natural gas pipelines across the US.

In 2007, he branched out to co-found his own recording studio, Music Road Records, based in his 27k SF mansion in the ritzy Preston Hollow neighborhood of Austin, TX.

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