Ray Davis has finally achieved what he set out to achieve 15 years after buying the club! The Rangers won the World Series, and many wondered if Ray Davis’ religion had anything to do with it. The corporate magnate left his energy firm and invested his fortune in baseball. He can now enjoy the rewards of his investment. Money can only buy so much, and billionaire Ray Davis is no exception. Davis is the co-owner and chairman of the Major League Baseball (MLB) Texas Rangers.
The Rangers had just won a World Series title under Bruce Bochy. This has allowed Davis to gain an advantage over his closest competitors. Ray Davis, born October 15, 1941, in Overton, Texas, is an experienced businessman who has run several large companies. Prior to his current project, he served as co-CEO and chairman of Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE).
Ray Davis’s Religion: Ethnicity and His Political Views
Ray Davis is a God fearing individual who practices Christianity. He usually feels closer to God when he gives back to the community. Davis, a humanitarian at heart, knows what the Bible teaches about mercy and strives to follow it properly. As every other Christian thinks, charity is the pure love of Jesus Christ. This is God’s command to love one another.
As a result, he has donated $1 million to the George W. Bush Presidential Library and Museum in Dallas and the Buckner Foundation, a Dallas-based Christian organization. In addition, $1 million was donated to the International Justice Mission, a Christian-oriented human rights group located in Washington, DC whose mission is to rescue victims of slavery and other forms of brutal oppression.
Ethnicity and Political Tendency
The corporate figure prefers to remain anonymous and has yet to reveal his ethnicity. However, some sources suggest that he has political preferences. It was previously known that he is a philanthropist who loves to give back to his community. While some of his gifts were motivated by humanitarian reasons, others were driven by political considerations.
According to state campaign finance records, Davis has contributed at least $225,000 to Texans in favor of Greg Abbott, the state’s right-wing Republican governor, since 2021. He has also supported the campaigns of other Republican politicians.
Ray Davis Net Worth: How Rich Is He?
Ray Davis’ net worth is estimated to reach $2.9 billion by 2024, according to Forbes magazine. Prior to joining the baseball company, he served as the CEO of two fossil fuel companies: Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE). ETP is a natural gas pipeline and distributor. Davis stepped down as CEO in 2007. However, he continued to hold 2.4% of the corporation.
Davis first appeared on the Forbes 400 list in 2008, ranked 367th with a net worth of $1 billion. In 2012, he ranked 315th with a net worth of $1.5 billion, while in 2013, he ranked 296th with a net worth of $1.9 billion. Despite protests from the Standing Rock Sioux tribe, Energy Transfer completed construction of the $3.8 billion Dakota Access Line in 2017.
The company owns and operates more than 125,000 miles of pipelines, which transport about 30% of America’s oil and natural gas. Davis and a group of investors spent around $600 million on the Texas Rangers in 2010, and the franchise is now worth $1.5 billion.
Categories: Biography
Source: SCHOOL TRANG DAI
