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Trevor Rees-JonesAmerican billionaire, entrepreneur, industrialist and investor
Date of Birth: 01.01.1951
Country:  USA |
Content:
- Trevor Rees-Jones: American Business Tycoon and Investor
- Education and Family
- Business Ventures and Success
- Current Investments and Expansion
Trevor Rees-Jones: American Business Tycoon and Investor
Trevor Rees-Jones is an American billionaire, entrepreneur, industrialist, and investor. With an estimated net worth of $1.5 billion, he ranks among the world's wealthiest and most influential individuals, according to Forbes magazine.
Education and Family
Rees-Jones was born in the United States. He holds a Bachelor of Arts degree from Dartmouth College and a Juris Doctor degree from Southern Methodist University. He is married with two children and resides in the United States.
Business Ventures and Success
In 1984, Rees-Jones made his initial investments in the oil and gas industry. In 1994, he founded Chief Oil & Gas, focusing primarily on Tarrant County, Denton County, and Parker County.
Rees-Jones's business acumen and the rising prices of oil and gas led to his tremendous success. He capitalized on new technologies and expanded his operations to include the Barnett Shale, a geological formation rich in oil and gas reserves. This diversification and his expertise propelled him to become the second-largest producer in the region.
In 2006, Rees-Jones sold Chief Oil & Gas to Devon Energy and Crosstex Energy for $2.5 billion.
Current Investments and Expansion
Today, Rees-Jones's company continues to have a significant presence in the Marcellus Formation, which spans Pennsylvania, West Virginia, and New York. The company is also poised to expand into the Utah Thrust Belt in Central Utah by 2009, further solidifying its position as a major player in the region.
