Richard Kinder
Energy

Richard Kinder Net Worth

Richard Kinder, born on October 19, 1944 in Houston, Texas, is the Chairman and CEO of Kinder Morgan, the largest U.S. energy infrastructure firm. He cofounded Kinder Morgan in 1997 after leaving Enron Corp. and stepped down as CEO in 2015. His Kinder Foundation funds education, art and quality of life initiatives in Houston, and in October 2015 he donated $25 million to the University of Missouri to support studies of the U.S. Constitution.
Richard Kinder is a member of Energy

Age, Biography and Wiki

Who is it? Chairman and CEO, Kinder Morgan
Birth Day October 19, 1944
Birth Place Houston, Texas, United States
Age 79 YEARS OLD
Birth Sign Scorpio
Residence Houston, Texas, US
Alma mater University of Missouri
Occupation Executive chairman, Kinder Morgan
Spouse(s) Nancy Kinder
Children 1

💰 Net worth: $7.2 Billion (2024)

Richard Kinder's net worth is estimated to reach a whopping $7.2 billion in 2024. As the Chairman and CEO of Kinder Morgan, a renowned energy infrastructure company based in the United States, Richard has made a significant impact in the industry. With his visionary leadership and strategic decision-making, he has transformed Kinder Morgan into one of the largest energy infrastructure companies in North America. His success in expanding the company's reach and profitability has contributed to his rapidly growing fortune, cementing his status as one of the wealthiest individuals in the world.

2009 $3.2 Billion
2010 $5.2 Billion
2011 $6.4 Billion
2012 $9.4 Billion
2013 $10.2 Billion
2014 $10.7 Billion
2015 $8.9 Billion
2016 $7 Billion
2017 $7.2 Billion
2018 $5.95 Billion

Biography/Timeline

1944

Richard Kinder was born in Cape Girardeau, Missouri in 1944. He received a BA in 1966 and a JD in 1968, both from the University of Missouri. In college, he was a member of the Sigma Nu fraternity.

1990

He began his career in the Energy Business as an attorney with Florida Gas Transmission, which eventually became Enron Corporation, after a series of mergers He had been friends with its founder, Kenneth Lay, in college. From 1990 to December 1996, he served as its President and COO. He resigned from Enron in 1996 to start a new pipeline company with college friend william V. Morgan. They purchased Enron Liquids Pipeline for $40 million. They also merged with KN Energy. After a number of acquisitions, most prominently El Paso Corporation, Kinder Morgan became the largest midstream Energy company in North America.

1992

He is the chairman of the board of trustees of the Museum of Fine Arts, Houston and serves as chairman of the Kinder Foundation. He previously served as a member of the board of Baker Hughes, Transocean and Waste Management, as a national board member of the Smithsonian Institution and is a past chairman of the Interstate Natural Gas Association of America. A Republican, he campaigned for Bush-Quayle in 1992, for Bush-Cheney in 2004, for John McCain in 2008, and for Kay Bailey Hutchison and Tom DeLay.

1996

He is twice married, with one child from his first marriage. His divorce was in 1996, the same year he left Enron. He lives in Houston, Texas.

2010

The Kinders founded the Kinder Foundation in an effort to support education and the Greater Houston area by promoting preservation and accessibility to parks and green space. Through the foundation, the Kinders donated $15 million to Rice University in 2010 to support and rename the Kinder Institute for Urban Research, formerly Rice's Institute for Urban Research.

2013

In October 2013, it was announced that the foundation would give $50 million to the Houston Parks Board for the Bayou Greenways 2020 Project, which connects greenspaces along Houston's bayous and creates parkland.

2014

In 2014, the Kinder Foundation made possible the Kinder Forum on Constitutional Democracy at the University of Missouri, a new program to support excellence in the teaching and study of American constitutional and democratic traditions. In 2015, the foundation made an endowed gift of $25 million to MU to provide permanent support for the renamed Kinder Institute on Constitutional Democracy. Also, The Kinder Foundation committed a principal gift of $50 million to the Museum of Fine Arts, Houston for the redevelopment of its 14-acre campus which was unveiled in January 2015.

2015

In 2015, Kinder and his wife Nancy donated $2 million to a Super PAC supporting Republican presidential candidate Jeb Bush.

2016

In October 2016, the Kinder Foundation obtained perpetual naming rights to Houston’s High School For the Performing and Visual Arts for $7.5 million. The contract was approved by the school board after the Kinder Foundation said it would withdraw the funds if the board did not vote, six days after public announcement of the deal. In April 2017, in response to a petition asking the Kinders to give the name back, Richard Kinder to wrote to the Superintendent of Houston Independent School District. Citing negative controversy, he offered to release the naming rights but did not request or suggest that the original name be restored. The issue is unresolved. The name change will be effective when the new downtown school building is occupied, expected in January 2019.

Some Richard Kinder images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.