Portrait of Dan Wilks

Rank #1783

Dan Wilks

Net worth $2.3B

Natural gas · United States

Born
May 30, 1956
Age
69
Source
Natural gas
Residence
Cisco, Texas
Citizenship
United States
Marital status
Married
Children
6
Education
Diploma, High School

Net worth over time

Biography

  • Dan and his brother Farris got a combined $3.5 billion (pretax) in 2011 selling their fracking company to a group led by Singapore-based firm Temasek.
  • The brothers have acquired more than 672,000 acres of land in six different states across the West, becoming America's 12th-largest landowners.
  • They first founded Wilks Masonry in 1995, following in their stone mason father's footsteps.
  • In 2002 they went into fracking, launching Frac Tech and growing it into an oil and natural gas giant before cashing out less than a decade later.
  • The brothers are also investing in oil and gas businesses, including fracking company U.S. Well Services and data provider Dawson Geophysical Company.
  • Dan Wilks and his brother are active Republican donors.
  • The brothers reportedly spend four months a year in Montana, working on building homes on their large ranches.

Financial assets

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