Paul Foster

Chairman, Western Refining
$1.66B
$501K
as of 10/03/24

About Paul Foster

Oil refiner Tesoro bought Paul Foster's Western Refining for $6.4 billion in 2017; the combined company was renamed Andeavor.

In April 2018, Marathon announced it would buy Andeavor for $23.3 billion; the deal later closed in October.

As a teenager Paul Foster got his start welding pipes, digging ditches, and cleaning tanks in oil fields.

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.

Personal stats

Citizenship

United States of America

Source of wealth

Oil refining

Residence

El Paso, Texas

Marital status

Married

Birth date

10/08/57 (age 66)

Number of children

2

Education

Bachelor of Arts/Science, Baylor University

Self-made

self-made

Paul Foster’s fortune is worth

28K

troy ounces of gold

25K

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?

He is a part owner of the El Paso Chihuahuas, a Triple-A baseball team, and is working towards bringing a new stadium to the city.

Net worth over time

Real-time ranking

Financial assets

NYSE | ANDV-US

Andeavor

NYSE | MPC-US

Marathon Petroleum

NYSE | MPLX-US

MPLX LP COM UNIT REPSTG LTD PARTNER INT

Images © Forbes.com. All rights reserved.