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Rowling is the founder of the TRT Holdings which owns the Gold's gyms and Omni Hotels. Robert Rowling started his career by working at Tana Oil and Gas which was owned by William Colson, Reese Rowling, and Robert Rowling's father. In 1989, Tana was purchased by Texaco for $476 million. The amount was used in building the TRT Holdings.
After five years, TRT Holdings earned $131 million for the sale of the Corpus Christi National Bank. Later on, for $500 million, TRT Holdings purchased Omni Hotels and for $180 million, the Gold's Gym was acquired. Through Robert Rowling, the holding company has also acquired the Amelia Island Plantation Resort for only $67 million due to its bankrupt status. Robert Rowling has an estimated net worth of $9.68 billion as of April 2019.
Earnings & Financial Data
Date |
Category |
Description |
Amount |
---|---|---|---|
2018 |
Earning Turned Donation |
Donation of The Robert B. Rowling Center For Business Law and Leadership to SMU’s Dedman School Of Law |
$4,000,000 |
2017 |
Earnings |
Revenue of Robert Rowling's oil and gas exploration company Tana Exploration that controls offshore wells in the Gulf of Mexico |
$71,000,000 |
2013 |
Earning Turned Donation |
Donation to the University of Texas business school |
$25,000,000 |
2012 |
Asset |
Current value of Robert Rowling's cash and other assets |
$1,200,000,000 |
2010 |
Earning Turned Donation |
Donation to Karl Rove's conservative group |
$2,000,000 |
2010 |
Asset |
Money spent for the acquisition of the bankrupt Amelia Island Plantation Resort |
$67,100,000 |
2010 |
Asset |
Purchase value of TRT Holdings' Omni Hotels and Gold's Gym |
$680,000,000 |
2004 |
Sale of Asset |
Sale of a stake in Guaranty Financial |
$150,000,000 |
2004 |
Sale of Asset |
Profit from the sale of a stake in Gaylord Entertainment |
$84,000,000 |
1996 |
Asset |
Purchase value of the Omni Hotels chain |
$500,000,000 |
1989 |
Sale of Asset |
Sale of TRT Holdings's Corpus Christi National Bank to NationsBank |
$131,000,000 |
1989 |
Sale of Asset |
Sale of the Rowling family's Tana Oil and Gas to Texaco Inc. |
$476,000,000 |