Red McCombs
| Red McCombs | |
|---|---|
| Born |
Billy Joe McCombs October 19, 1927 Spur, Dickens County Texas, US |
| Occupation | Businessman |
| Net worth |
 US$1.6 billion (March 2017) |
| Spouse(s) | Charline Hamblin McCombs (m. 1950) |
| Children |
Three children |
Three children
Billy Joe “Red” McCombs (born October 19, 1927), is an American billionaire. He is the founder of the Red McCombs Automotive Group in San Antonio, Texas, a co-founder of Clear Channel Communications, chairman of Constellis Group, a former owner of the San Antonio Spurs, Denver Nuggets, the Minnesota Vikings, and the namesake of the McCombs School of Business at the University of Texas at Austin. He is on the Forbes 400 list of richest Americans. He is also known for his philanthropy.
In 2012, the San Antonio Express-News reported McCombs' net worth at $1.4 billion. He was ranked the 913th richest man in the world. Two other San Antonio men at the time, Charles Butt of the H-E-B supermarket chain and Rodney Lewis, a natural gas driller, finished above McCombs on the list.
In 2017, Forbes placed the value of McCombs' fortune at $1.6 billion with a ranking of No. 1,290 on a list of the world's billionaires.
McCombs was born in rural Spur in Dickens County in West Texas. His nickname "Red" comes from his hair color. His father was a mechanic who earned $25 per week but tithed through the First Baptist Church of Spur each week. McCombs recalled having seen his parents "share with those who had less, and the joy of giving never ceased to amaze me."
...
Wikipedia