Trevor Rees-Jones

Trevor Rees-Jones Early Life, Net Worth, Family & Biography

$5.74B

Real Time Net Worth

#439 in the world today

Introduction

Trevor D. Rees-Jones is an American lawyer, a very rich person financial specialist, and a giver from Texas. Rees-Jones is the owner and founder of the exploration and production company Rees-Jones Oil & Minerals. The Dallas, Texas-based family-claimed organization possesses and oversees around 1,000,000 sections of land of oil and gas fields all through the US. The majority of his wealth comes from the sale of assets, such as Chief Oil & Gas.

Early Life

In 1951, Trevor D. Rees-Jones was born. He was the oldest of three children born to Billye June Kay of Dallas and Trevor William Rees-Jones (1924–2008) in Dallas, Texas, and University Park, Texas. In the wake of moving on from Dartmouth School with a set of experiences degree in 1973, he got a regulation degree from Southern Methodist College and started addressing energy industry clients. In a 2012 video series with the Hoover Institution at Stanford University, Rees-Jones stated that he realized by 1983 that if he remained in the legal profession, his life would be miserable.

His involvement in the oil business gave him the information to start his own wildcatting organization, Boss Oil and Gas. During the oil-business downturn of the mid-1990s, Rees-Jones cut costs wherever he could, including paying money for Dallas street costs to keep away from the additional five pennies for every excursion charge for utilizing a cost tag.

By the 2000s, that business had achieved success. Following George Mitchell’s example, who was an early proponent of learning novel methods for recovering oil and gas from the Texas Barnett Shale Bowl, Rees-Jones constructed investigation and creation organizations that utilized flat boring and cracking of rock to get to non-renewable energy sources. In 2005, he began liquidating a number of assets in Texas and Pennsylvania, bringing in billions of dollars.

Net Worth

Trevor Rees-Jones’s net worth was estimated to be around $5.6 billion USD, as of 2023, making him a billionaire businessman.

Trivia

Rees-Jones has established himself as a significant Republican Party contributor. In 2010, he provided $1 million to American Crossroads. Rees-Jones and his wife gave $2 million to Jeb Bush’s presidential campaign in 2015.

In the Stanford video, he said, “It was a business I really enjoyed, even in the difficult times.”

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