Name
Lee Bass
Lee Bass
Fort Worth, Texas
Bachelor of Arts/Science, Yale University | Master of Business Administration, Wharton School at the University of Pennsylvania
United States
4
oil, investments
$2,400,000,000
1008
2
#1008 Billionaires 2019
#328 Forbes 400 2018
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. Future payouts could total another $1 billion. Bass owns El Coyote and La Paloma ranches in deep south Texas, where he raises longhorn cattle.
Bass has championed the endangered black rhino, cofounding the International Rhino Foundation. He also donated rhinos to the Fort Worth, Texas zoo. 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.
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