Paul Foster (#946)
I like to think of it not so much as rolling with the punches but rolling with the opportunities.
- $ 5 B
- Oil refining
- United States
- M
- 68 Years
Rest in Peace Ask Jeeves, every search comes to an end
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About Me
Texas-based Paul Foster built a fortune in oil refining. In 2017, he sold his company Western Refining to San Antonio-based Tesoro for $6.4 billion. The merged entity was later renamed Andeavor and sold to Marathon Petroleum. Through Franklin Mountain Investments, Foster owns stakes in more than 30 companies spanning real estate, restaurants and sports. In 2025, he sold his energy venture for $2.5 billion. A graduate of Baylor University and a registered CPA, Foster handled the books for small oil refineries across the Southwest. He and his partners took over bankrupt El Paso Refining in 1992. He bought out his partners five years later. Foster serves as a trustee of the Baylor College of Medicine and is a member of the Texas Parks and Wildlife Commission and the Federal Reserve Bank of Dallas' Energy Advisory Council.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Paul Foster’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Paul Foster’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $4.5B
(May 4, 2026)
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