Portrait of Lee Bass

Rank #1486

Lee Bass

Net worth $2.9B

Oil, investments · United States

Born
May 24, 1956
Age
70
Source
Oil, investments
Residence
Fort Worth, Texas
Citizenship
United States
Marital status
Married
Children
0
Education
Master of Business Administration, University of Pennsylvania, The Wharton School; Bachelor of Arts/Science, Yale University

Net worth over time

Biography

  • In 1959 Lee 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 that paid off big.
  • In early 2017 the four Bass brothers sold their oil company to ExxonMobil for $5.6 billion in stock.
  • Bass owns El Coyote and La Paloma ranches in Texas' Rio Grande Plains, where he raises longhorn cattle.
  • Avid conservationists, the Basses have funded efforts to reintroduce the Aplomado falcon in Texas.
  • Bass and his brothers inherited St. Jo island, near Corpus Christi, Texas. A barrier island 28 miles long, it was hit by Hurricane Harvey in August 2017.

Financial assets

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