About Billy Joe (Red) McCombs
From his start selling Ford Edsels, Billy Joe "Red" McCombs built a network of 55 auto dealerships, now down to 12 in Texas.
In 1972 he was a cofounder of radio giant Clear Channel, which he tapped to run car ads.
He owned a stake in Constellis, formerly known as Blackwater, which he sold in 2016.
The McCombs Institute for the Early Detection and Treatment of Cancer at MD Anderson is named after Red and his wife, who donated $30 million in 2005.
Red's first job was at 10 years old, selling peanuts for a nickel a bag.
Personal stats
Citizenship
United States of AmericaSource of wealth
real estate, oil, cars, sportsBirth date
10/19/27Number of children
3Education
Drop Out, The University of Texas at AustinSelf-made
self-madeBilly Joe (Red) McCombs’s fortune is worth
28K
troy ounces of gold
26K
median U.S. household
17K
median U.S. income
0.033%
U.S. credit card volume
0.007%
GDP of the United States
0.005%
United States debt
Net worth history
Annual ranking
Did you know?
Red's project to build a ski resort in southern Colorado has been on hold for nearly 30 years due to opposition from conservationists.
Net worth over time
Real-time ranking
Images © Forbes.com. All rights reserved.