#536
Janice McNair & family
United States 89 years old
Overview
- Source of Wealth
- Energy, sports
- Industry
- Sports
- Residence
- Houston, Texas
- Education
- Columbia College (Bachelor of Arts/Science)
- Marital Status
- Widowed
- Children
- 4
Biography
Janice McNair, widow of Bob McNair (d. 2018), inherited her late husband's 80% stake in the NFL's Houston Texans.
The couple met at Columbia College in South Carolina in the late 1950s and moved to Houston. Together they had four children and 16 grandchildren.
Bob made his first fortune selling his power generator company Cogen Technologies to Enron for $1.5 billion in 1999.
With the proceeds of Cogen's sale, he paid $700 million that year for the NFL's 32nd franchise.
Her son Cal McNair was named the team's principal owner in 2024.
About
The Houston Texans, the youngest franchise in the NFL, was worth $2.8 billion when Bob McNair died in 2018, more than four times what he paid in 1999.