Portrait of Janice McNair & family

Rank #530

Janice McNair & family

Net worth $7.3B

Energy, sports · United States

Born
Sep 30, 1936
Age
89
Source
Energy, sports
Residence
Houston, Texas
Citizenship
United States
Marital status
Widowed
Children
4
Education
Bachelor of Arts/Science, Columbia College

Net worth over time

Biography

  • Janice McNair, widow of Bob McNair (d. 2018), inherited her late husband's 80% stake in the NFL's Houston Texans.
  • The couple met at Columbia College in South Carolina in the late 1950s and moved to Houston. Together they had four children and 16 grandchildren.
  • Bob made his first fortune selling his power generator company Cogen Technologies to Enron for $1.5 billion in 1999.
  • With the proceeds of Cogen's sale, he paid $700 million that year for the NFL's 32nd franchise.
  • Her son Cal McNair was named the team's principal owner in 2024.
  • The Houston Texans, the youngest franchise in the NFL, was worth $2.8 billion when Bob McNair died in 2018, more than four times what he paid in 1999.