The Richest People In America: Ray Hunt


#80 Ray Hunt

$4.5 billion
Source Oil/Gas, Inherited and growing

Age 65
Marital Status Married, 5 children

Hometown Dallas, TX, United States
Education Southern Methodist University, Bachelor of Arts / Science

Youngest son of Texas wildcatter H.L. Hunt (d. 1974), who was said to be the inspiration for J.R. Ewing character on TV's Dallas. Relatives sold their Hunt Petroleum to XTO for $4.4 billion this year; none of Ray Lee's assets involved. Friend of President Bush drew fire this year when he landed an oil concession in Iraq's Kurdish north. Sees future in natural gas: massive LNG plant in Yemen almost complete, another planned in Peru. Cattle rancher's real estate holdings include Hyatt Hotels, commercial property around Dallas.

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