#1476
Lee Bass
United States 70 years old
Overview
- Source of Wealth
- Oil, investments
- Industry
- Energy
- Residence
- Fort Worth, Texas
- Education
- University of Pennsylvania, The Wharton School (Master of Business Administration)Yale University (Bachelor of Arts/Science)
- Marital Status
- Married
Assets
- Exxon Mobil Corp.5,783,400 shares @ --XOM-US
Biography
In 1959 Lee Bass and his three brothers inherited $2.8 million each from oil tycoon uncle Sid Richardson.
The brothers parlayed their inheritance into multi-billion-dollar fortunes with the help of bets on oil that paid off big.
In early 2017 the four Bass brothers sold their oil company to ExxonMobil for $5.6 billion in stock.
Bass owns El Coyote and La Paloma ranches in Texas' Rio Grande Plains, where he raises longhorn cattle.
About
Avid conservationists, the Basses have funded efforts to reintroduce the Aplomado falcon in Texas.
Bass and his brothers inherited St. Jo island, near Corpus Christi, Texas. A barrier island 28 miles long, it was hit by Hurricane Harvey in August 2017.