Ray Davis

$3.91 B

Ranked #1061 in World

About Ray Davis

Ray C. Davis, with a storied 40-year tenure in the energy sector, retired as CEO of ETP and ETE in 2007, maintaining influence as a company director and steering Avatar Investments LP. Ascending the Forbes 400 list from 2008, Davis's wealth peaked at $1.9 billion in 2013. As a Texas Rangers co-chairman since acquiring the team in 2010, Davis has discreetly shaped their operations, culminating in a World Series victory in 2023. Despite his significant impact, Davis maintains a private life, eschewing the public eye.

Born

December 18, 1941 in Overton, Texas, United States

Age

84 years

Source Of Wealth

Pipelines

Industries

Energy

Citizenship

United States

Residence

Dallas, Texas

Education

Master of Business Administration, LeTourneau University's School of Business

Ray C. Davis was born on October 15, 1941. Information about his early years and childhood is not publicly available.

Ray Davis: Family

Ray C. Davis is married to Linda, and they have three children together. He prefers to keep his personal life private and has not disclosed much information about his family.

Ray Davis: Career Highlights

Ray C. Davis has had a successful career in the energy industry, spanning over four decades. Here are some of his career highlights:

Worked in the energy industry for forty years.
Retired as the CEO of ETP and ETE in 2007.
Remained with the company as a director.
Operates Avatar Investments LP, a Dallas-based investment firm.
Made his first appearance on the Forbes 400 list in 2008, ranking 367th with a net worth of $1 billion.
Ranked 315th in 2012 with a net worth of $1.5 billion.
Ranked 296th in 2013 with a net worth of $1.9 billion.

Ray Davis: Companies

Ray C. Davis has been involved with several companies throughout his career, including:

ETP (Energy Transfer Partners)
ETE (Energy Transfer Equity)
Avatar Investments LP
Texas Rangers Baseball Club

Ray Davis: Major Achievements

Ray C. Davis has achieved significant success in his business career and as a co-owner of the Texas Rangers baseball team. Some of his major achievements include:

Building ETP and ETE into successful energy companies.
Retiring as the CEO of ETP and ETE with a substantial net worth.
Joining the Forbes 400 list of wealthiest Americans.
Becoming co-chairman of the Texas Rangers baseball club.
Leading the Rangers to win the 2023 World Series.

Ray Davis: Awards & Achievements

Ray C. Davis has received various awards and recognition for his contributions to the business and sports communities. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (2006)
Dallas Business Journal's Outstanding CEO of the Year Award (2007)
Texas Sports Hall of Fame (2016)

Ray Davis: Personal Life & Legacy

Ray C.

Davis is known for his reserved and private nature. He prefers to stay out of the limelight and has declined media interviews. He is married to Linda, and they have three children together. Davis is passionate about baseball and has made significant contributions to the success of the Texas Rangers organization.

Ray Davis: Trivia

Ray C. Davis is a self-made billionaire who built his fortune through his successful business ventures in the energy industry.
He is a co-owner of the Texas Rangers baseball team and has been instrumental in their success, including their 2023 World Series victory.
Davis is known for his reclusive nature and prefers to avoid public attention.
He is an avid sports fan and enjoys playing golf and tennis.
Davis is a philanthropist and has made significant contributions to various charitable organizations.

Wealth History

Timeline

October 15, 1941

Ray C. Davis is born.

2007

Ray C. Davis retires as the CEO of ETP and ETE.

2008

Ray C. Davis makes his first appearance on the Forbes 400 list, ranking 367th with a net worth of $1 billion.

2010

Ray C. Davis joins a group headed by Chuck Greenberg and Nolan Ryan to purchase the Texas Rangers.

2011

Chuck Greenberg leaves the Texas Rangers, and Nolan Ryan becomes CEO.

2012

Ray C. Davis is ranked 315th on the Forbes 400 list with a net worth of $1.5 billion.

2013

Ray C. Davis is ranked 296th on the Forbes 400 list with a net worth of $1.9 billion. Following Ryan's resignation, MLB approves the Rangers' request to have Davis replace Ryan as the team's control person.

2023

The Texas Rangers, with Ray C. Davis as the control person, win the World Series.

Ray Davis : FAQs

What is Ray Davis's current net worth?

Ray Davis's current net worth is $3.91 billion.

What is Ray Davis's current global rank among billionaires?

Ray Davis holds the 1061st position globally among billionaires.

What is Ray Davis's current ranking within the United States?

Ray Davis holds the 395th position in United States.

What was the change in Ray Davis's net worth compared to the previous year?

Ray Davis's net worth increased by 178.89 million dollars compared to the previous year 2025, when his net worth was 3.73 billion dollars.

What is the recent change in Ray Davis's net worth?

Ray Davis's net worth decreased by 28.08 million dollars recently, a 0.72% decrease, with his net worth standing at 3.91 billion dollars.

What are Ray Davis's main sources of wealth?

Ray Davis's main source of income comes from Pipelines.

In which industry does Ray Davis primarily operate?

Ray Davis is primarily involved in the Energy industry.

What is Ray Davis educational background?

Ray Davis holds a Master of Business Administration from LeTourneau University's School of Business.

How old is Ray Davis?

Ray Davis is 84 years old.

How many children does Ray Davis have?

Ray Davis has 3 children.

What is Ray C. Davis' background in the energy sector?

Ray C. Davis worked in the energy industry for over forty years, culminating his career as the CEO of both ETP and ETE until his retirement in 2007. He also operates Avatar Investments LP, a Dallas-based investment firm.

What role did Ray C. Davis play in the Texas Rangers' ownership?

Ray C. Davis joined a group to purchase the Texas Rangers in 2010 and provided a significant portion of the funds for the acquisition. He served as a co-chairman and senior consultant and briefly stepped into the role of the team's control person in 2013.

How has Ray C. Davis influenced the operations of the Texas Rangers?

As a co-chairman, Ray C. Davis has remained mostly in a background role, acting as a senior consultant and leaving day-to-day operations to the baseball operations heads, namely Jon Daniels until 2022 and Chris Young since 2023. Under his part-ownership, the Rangers won the 2023 World Series.

What is known about Ray C. Davis' personal life?

Ray C. Davis is somewhat reclusive, avoiding the spotlight, highlighted by his decline of a 2010 interview request from D Magazine. He is married to Linda, and they have three children.