Portrait of Edward Bass

Rank #1425

Edward Bass

Net worth $3.0B

Oil, investments · United States

Born
Sep 10, 1945
Age
80
Source
Oil, investments
Residence
Fort Worth, Texas
Citizenship
United States
Marital status
Married
Children
1
Education
Bachelor of Arts/Science, Yale University

Net worth over time

Biography

  • In 1959 Edward 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 and pipelines that paid off big.
  • In early 2017, Bass and his three brothers sold their oil company to ExxonMobil for $5.6 billion in stock. Future payouts could total $1 billion.
  • In 2018, Bass pledged $160 million to refurbish the Peabody Museum at Yale University.
  • Bass owns Sundance Square, a 37-block area of downtown Fort Worth dedicated to historical preservation and community building.
  • In 1991, Bass spent $150 million backing the Biosphere 2 project in Arizona, an experimental enclosed system designed to prove that humans could live in space.
  • Bass spearheaded development of Fort Worth's Dickies Arena, built with $540 million in public and private funds.

Financial assets

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