Ray Davis Rangers Age, Biography, Career, Wiki: Ray Davis is a fellow from the United States. He served as his co-CEO and Chairman and Chairman of Energy Store Estates. He has persevered. Its co-chairman and owner. Ray Davis and fellow billionaire Kelsey Warren launched Energy Transfer, a natural gas distributor and pipeline firm, in 1995 and grew it into a behemoth. Davis retired as co-CEO in 2007, although he still controls 3% of the publicly traded corporation. Despite protests from the Standing Rock Sioux Triibe, Energy Transfer completed the construction of the $3.8 billion Dakota Access Pipeline in 2017.
According to Energy Transfer Partners, the 1,172-mile pipeline can transport 500,000 barrels of oil each day. Davis and a group of investors paid around $600 million to buy the Texas Rangers baseball franchise in 2010; the team is now valued at $1.75 billion dollars.
Ray Davis Rangers Age, Wiki, Biography, House, Wife, Age, Net Worth
Full Name | Ray Davis Rangers |
Date of Birth | October 15, 1941 |
Age | 82Â year old |
Birth Place | Dallas USA |
Relationship status | Married |
Wife Name | Linda Davis |
Father Name | Not known |
Mother Name | Not known |
Nationality | English |
Height | 5 Feet 11 Inches |
Weight | 67 Â kg |
Eye Color | Brown |
Hair Color | White and Brown |
Net Worth | $290 cr. USD |
Who is Ray Davis Rangers?
Ray C. Davis is a businessman from the United States. He was the co-CEO and Chairman of Energy Transfer Partners, as well as the Chairman of Energy Transfer Equity. He is a co-owner and co-chairman of the Texas Rangers of Major League Baseball.
Ray Davis Rangers Age, Early Life, Education, Biography, Wiki
Ray Davis is a successful businessman. He was born in Dallas on October 15, 1941. He is 82 years old. Despite being one of the wealthiest businesspeople, Davis has always opted to live a secret life. Davis’ interests include animal husbandry, bird hunting, and reading, which he may have learned as a youngster.
Davis attended many high schools. He allegedly participated in four different sports as a high school student before attending Letourneau College in Longview on scholarship in the mid-1960s. Ray graduated from Letourneau University’s School of Business with a Master of Business Administration.
Career
Davis worked in the energy industry for forty years, until he retired as CEO of ETP and ETE in 2007. He remained at the company as a director and continued to run the Dallas-based investment firm Avatar Investments LP. In 2008, Davis made his first appearance on the Forbes 400 list, ranked 367th with a net worth of $1 billion. In 2012, he was ranked 315th with a net worth of $1.5 billion, and in 2013 he was ranked 296th with a net worth of $1.9 billion.
Texas Rangers ownership
When the Rangers were put up for sale in 2010, Davis was part of the consortium led by Chuck Greenberg and Nolan Ryan that bought the team. The majority of the $593 million transaction price was given by Davis and Bob R. Simpson. Davis and Simpson were named co-presidents of the Rangers, but remained primarily behind the scenes as senior advisors, while Greenberg and Ryan were given the authority to run the organization as CEO and president, respectively. This structure was maintained even after Greenberg left in 2011 and turned over the CEO role to Ryan.
Following Ryan’s departure from the Rangers in 2013, MLB agreed to the Rangers’ request to replace Ryan as the team’s control person with Davis, making Davis the principal person accountable to the Commissioner’s Office for team operations. Davis and Simpson, on the other hand, stay in the background as senior advisors. He has mostly delegated day-to-day baseball operations to John Daniels (general manager from 2013 to 2020 and president of baseball operations from 2020 to 2022) and Chris Young (general manager) from 2023 to 2022. Operations were halted.
The Rangers won the 2023 World Series on November 1, 2023, giving Davis his first championship.
Ray Davis Ranger’s Wife
Davis has revealed that he is married. Linda Davis, Ray Davis’s wife, was not seen with him at any public function. Ray and Linda share a good friendship. This beautiful pair is presently residing in North Texas.
Net Worth, Salery
His net worth will reach 290 crore US dollars in 2023.
Some Important Facts
- Ray Davis and fellow billionaire Kelsey Warren launched Energy Transfer, a natural gas distributor and pipeline firm, in 1995 and grew it into a behemoth.
- Davis stepped down as co-CEO in 2007, however, he still owns 2.4% of the firm.
- Despite protests from the Standing Rock Sioux Triibe, Energy Transfer completed construction of the $3.8 billion Dakota Access Pipeline in 2017.
- Energy Transfer owns and operates over 125,000 miles of pipelines that transport around 30% of America’s oil and natural gas.
- Davis and a group of investors paid around $600 million to buy the Texas Rangers baseball franchise in 2010; it now has a total debt of $1.5 billion.
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