Many fans are curious about Ray Davis's financial success in April 2026. In this article, we dive deep into the assets and career highlights.
What is Ray Davis' Net Worth?
Ray Davis is an American businessman who has a net worth of $3.1 billion. A low-profile pipeline mogul, Ray Davis is now best known as the co-owner of the Texas Rangers baseball team. It was in 2010 that he teamed up with the founder of XTO Energy, Bob Simpson, to buy the team for $593 million. Prior to becoming baseball team co-owner, Davis united with fellow billionaireKelcy Warrento acquire the gas pipeline company Cornerstone in 1993.
The two bought a small net of pipelines that was consolidated into an efficient network. In 1999, Davis and Warren transferred the pipeline network to El Paso, where they created a natural gas retailer, distributor and pipeline company called Energy Transfer Equity. Even though Davis abandoned his position of Co-Chief Executive in 2007 and stepped down from the board in February 2013, he still has a 6% share in the company.
Ultimately, Ray Davis's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.
