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Ray Lee Hunt has an estimated net worth of $5.3 billion. Together with his three sisters, Ray Lee Hunt inherited a massive fortune from his father's Hunt Oil Co. In 1982, Hunt family's fortune is estimated to be around $200 million. Two years later, Ray invested in a massive oil find in Yemen but it still took two years before the refinery was built and pipelines were laid. According to Forbes, the Hunt family's net worth has increased significantly from $200 million to $4.6 billion. The massive oil operation in Yemen is about to be finished and the company is planning to start a new one in Peru. The company's real estate holdings also include commercial properties around Dallas and Hyatt Hotels.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2017 |
Earning Turned Donation |
Donation of Ray Lee and Nancy Ann Hunt to the Hunt Leadership Scholars Program at Southern Methodist University |
$15,000,000 |
|
2012 |
Earning Turned Donation |
Donation of Ray Lee Hunt's Hunt Cares to 280 worthy charities |
$1,000,000 |
|
1987 |
Asset |
Total investment in the Alif Field refinery in Yemen |
$600,000,000 |
|
1986 |
Asset |
Construction cost of a 263-mile pipeline from the Alif Field refinery to the port of Hodeida on the Red Sea, across three mountain ranges and through territory controlled by sometimes unruly tribes |
$300,000,000 |
|
1980 |
Asset |
Current value of domestic oil reserves under Ray Lee Hunt’s control |
$300,000,000 |
|
1979 |
Asset |
Current value of domestic oil reserves under Ray Lee Hunt’s control |
$100,000,000 |