Net Worth$5.6 B As of September 2013
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At a Glance
Age: 70
Source of Wealth: oil, real estate, inherited and growing
Residence: Dallas, TX
Country of Citizenship: United States
Education: Bachelor of Arts / Science, Southern Methodist University
Marital Status: Married
Children: 5

Forbes Lists
#74 Forbes 400
#63 in 2012
#215 Billionaires
#66 in United States

Profile
Forbes 400: September 2013Billionaires: March 2013Forbes 400: September 2012Billionaires: March 2012Forbes 400: September 2011Billionaires: March 2011Forbes 400: September 2010Billionaires: March 2010Forbes 400: October 2009Billionaires: March 2009

Terrorist attacks have impaired the value of Hunt Oil's stake in a liquefied natural gas project in Yemen, but Hunt's similar LNG project in Peru is going well. You need a big balance sheet to invest in LNG. That's something Ray Lee Hunt, son of legendary wildcatter H.L. Hunt, has been building for 40 years. Hunt Consolidated owns hotels and real estate around Dallas (including the iconic Reunion Tower), 400,000 acres of ranches across the West, and oil and gas fields worldwide (including a big find in Iraqi Kurdistan). In 2011 he sold a one-third stake in Hunt Oil's Eagle Ford shale fields to Japan's Marubeni for $1.3 billion. Hunt also raised $600 million from banks that year to build a high-voltage power line in Texas. Torch passing is underway: son Hunter Hunt, the second of his five children, is now chief executive of Hunt Consolidated Energy; Ray remains chairman and CEO of Hunt Consolidated.