Trevor Rees-Jones Net WorthReal Name: Trevor Rees-Jones
Date of Birth: 1/1/1951
Place of Birth: Dallas, Texas
2017 Net Worth: $4.3 Billion
Profession: Founder and Chairman of Chief Oil and Gas
Trevor Rees-Jones Biography
Trevor Rees-Jones was born in Dallas, Texas, in 1951. He grew up in the University Park area of Dallas. He attended Highland Park High School and graduated from Dartmouth College. Afterwards he studied law at Southern Methodist University’s Dedman School of Law, where he received his J.D. to practice law.
Rees-Jones began his career working as a bankruptcy attorney in Dallas but later practiced oil and gas reorganization law with the firm Thompson & Knight. This opened his eyes to investment possibilities and in 1984 he began making investments in both oil and gas. He founded Chief Oil and Gas in 1994. His initial holdings of natural gas were in the core areas of the Barnett Shale in the counties of Tarrant, Denton, and Parker. The company has grown substantially over the years and now has more than 125 employees.
Rees-Jones has recently reinvested along with drilling partner Occidental Petroleum in the Mississippi Lime in both Kansas and Utah. He has served as President of the Dallas Petroleum Club as well as the Dallas Wildcatters Committee (formerly the Dallas Hardhatters Committee).
Rees-Jones and his wife Jan enjoy their wealth tremendously and live in a home with more than 10,000 square feet. This home was valued in 2011 at more than $13 million. The couple also owns Cook Canyon Ranch near Ranger, Texas. For his 60th birthday, Rees-Jones paid pop singer Jon Bon Jovi, the Blues Brothers Band, and the pop group The Eagles to play at his ranch for more than 2 hours. It’s said that there were more than 25 private jets parked at the private airstrip on the ranch.
Although gas prices have been down lately, Rees-Jones says he is not concerned and those types of ups and downs are to be expected. With a net worth of $4.3 billion, Rees- Jones has plenty of earning power to weather any financial storm.