Kelcy Warren is the chairman and largest shareholder of Energy Transfer LP, whose holdings include unfinished oil pipelines and vast gas reserves. The company is involved in controversial fracking projects that have drawn ire from environmentalists. Kelcy Warren has donated to Donald Trump’s presidential campaign and the RNC.
He’s also a millionaire who makes most of his money by contracting out to exterminators across the country, like JW Pest Services Inc., an anonymous pest control company based in Texas.
According to Forbes, Kelcy Warren has a net worth of $3.1 billion and is the 100th richest person in America as of 2018. He is an avid golfer and owns a private golf course. He also owns stakes in thoroughbreds, which he typically uses to make charitable donations.
Warren graduated from Southern Methodist University with a degree in Petroleum Engineering and later attended SMU’s Law school. After law school, he worked at his father’s oil business, playing an active role until his father passed away in 2002. He became CEO of Energy Transfer Equity and later took control of Energy Transfer Partners.
In his business career, Kelcy Warren has built his business through private equity, including obtaining loans from several banks. Warren has been a famous Republican donor and sat on the Executive Committee of the RNC in 2008. He has also invested in various technologies and has a net worth of over $3 billion.
Warren’s most significant contribution to the Republican party was donating the funds to the Make America Number 1 PAC, which was focused on motivating Americans with conservative ideals to vote. Warren donated $3 million to the PAC in 2007 and another $1.25 million in 2016.
Warren earned his wealth by investing in both oil and gas and private equity, which has resulted in him having substantial influence in the Texas oil industry. The largest beneficiary of his investments is Energy Transfer Partners, which provides natural gas to other companies and companies also involved with fracking.
His investments also contribute to his network of power, which allows him to make decisions on behalf of the people who work for him. Kelcy Warren is influential in this industry because he can use the money he’s made and has contributed to his political party. Visit this page to learn more.
More about Kelcy Warren on https://horatioalger.org/members/member-detail/kelcy-l-warren