Robert McNair – Billionaire

Robert “Bob” McNair is the man who brought football back to Houston. McNair is the principal owner of the Houston Texans. Since McNair cofounded the team in 1999, the value of the Texans has grown to $2.5 billion, thanks in part to increased revenues from stadium and broadcasting rights league-wide. His original fortune came from the 1999 sale of power generator Cogen Technologies to Enron for $1.5 billion. In 2015 McNair won his battle with two types of cancer, chronic lymphocytic leukemia and squamous cell carcinoma, thanks to early detection and cutting edge treatments including immunotherapy. In recent years, his family foundation has donated to a number of universities, including Columbia, Baylor, and his alma mater, the University of South Carolina.

Robert McNair net worth: Robert McNair is an American businessman who has a net worth of $2.4 billion dollars. Born in Tampa, Florida, Robert McNair grew up in Forest City, North Carolina. He went on to graduate from the University of South Carolina in the late 50s. He founded the energy company, Cogen Technologies, and then went on to sell it for $1.3 billion to CalPERS and Enron in the late 90s. He is the Chairman and CEO of The McNair Group, which is dedicated to real estate and financial sector ventures. He also oversees the Robert and Janice McNair Educational Foundation, which provides educational funding for North Carolina-based students. He is also the Chairman of Cogene Biotech Ventures. He is currently based in Houston, Texas, and formed Houston NFL Holdings in the late 90s. He went on to successfully bid for an NFL team, and he and his partners paid $700 million for the franchise. The Houston Texans began professional play in 2002.

Source:

1. forbes

2. celebritynetworth