Ray Davis

Ray Davis (#1062)

Global Rank #1062

Country Rank #406

Country United States

Ray Davis is listed among the world billionaires tracked by Iconic Billionaires.

$ 4 B
Pipelines
United States
M
84 Years

Snapshot

Quick Facts

Global Rank #1,062

Country Rank #406

Net Worth $4.0B

Previous Worth $4.0B

Worth Change +$0.0B

Country United States

Industry Pipelines

Age 84 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 26 Jul 2026, 12:00 AM

Residence Dallas, Texas

World Billionaires List United States Billionaires Pipelines

Profile Data

Personal Stats

Age 84

Source Of Wealth Pipelines, Self Made

Self Made Score 8

Philanthropy Score 2

Residence Dallas, Texas

Citizenship United States

Marital Status Married

Children 3

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

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $4.0B

Current Net Worth $4.0B

Worth as of May 4, 2026

About Me

Ray Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer in 1995 and built it into a giant. Davis stepped down as co-CEO in 2007 and left the board in 2022. In 2017, despite protests by the Standing Rock Sioux tribe, Energy Transfer finished building the $3.8 billion Dakota Access Pipeline. Energy Transfer is one of the largest energy companies in the U.S., operating about 130,000 miles of pipeline for oil and natural gas. Davis and a group of investors bought the Texas Rangers baseball team for about $600 million in 2010; it's now worth $1.8 billion net of debt.

Insights

Did You Know?

In 1991, Davis tried his luck as CEO of publicly-traded dental supplies distributor Healthco, but the company filed for bankruptcy in 1993.

Wealth Growth

Net Worth Growth Over Time

Tracking Ray Davis's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $4.0B (May 4, 2026)