Richard D Kinder Net Worth is8,582.3 $Million
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Richard Kinder (born October 19, 1944) is the CEO and Chairman of the Board of Kinder Morgan Energy Partners, an energy and pipeline corporation.
Richard Kinder was born in Cape Girardeau, Missouri in 1944. He received a B.A. in 1966 and a J.D. in 1968, both from the University of Missouri. In college, he was a member of the Sigma Nu fraternity.
He started his career as a lawyer and real-estate investor in Houston, Texas. After he filed for bankruptcy, he joined the Enron Corporation. He has been friends with its founder, Kenneth Lay, in college. From 1990 to December 1996, he served as its President and COO. In 1996, he left Enron and started a new pipeline company with William V. Morgan, another friend from college. They purchased Enron Liquids Pipeline for $40 million. They also merged with KN Energy. From 1994 to 2004, he was a Board member of Baker Hughes.
He serves on the Boards of Directors of Transocean, Waste Management, Inc. He is also Chairman of the Board of the Interstate Natural Gas Association of America and the Santa Fe Pacific Pipeline, and Vice Chairman and Director of the National Petroleum Council.
He is a life trustee of the Museum of Fine Arts, Houston, and a national Board member of the Smithsonian Institution. He has also donated $15 million to Rice University, and $30 million to enhance parks around Houston, both through his Kinder Foundation. A Republican, he campaigned for Bush-Quayle in 1992, for Bush-Cheney in 2004, for John McCain in 2008, and for Kay Bailey Hutchinson and Tom DeLay.
He is worth US$9.4 billion. As such, he is the 41st richest American citizen. He is twice married, with one child from his first marriage. His divorce was in 1996, the same year he left Enron. He lives in Houston, Texas.

Richard D Kinder Latest News

Kinder Morgan Declares Dividend of $0.125 for Third Quarter 2016

We are ahead of our plan for 2016 year-end leverage and we’re pleased with the progress toward reaching our targeted leverage level of around 5.0 times net debt-to-Adjusted EBITDA,” said Richard D. Kinder, executive chairman. “This will position us ...
Posted: October 19, 2016, 1:07 pm

Kinder’s Major Bet on a Boom in Fracking

Then there is Richard D. Kinder, chief executive of Kinder Morgan, who has personally made billions of dollars operating the industry’s equivalent of a toll road: pipelines. Now, with Kinder Morgan’s $21 billion deal to buy a leading rival, the El Paso ...
Posted: December 16, 2011, 6:33 am

Oil bets big to hold GOP Congress, sits out Trump-Clinton brawl

Sheldon Whitehouse (D-R.I.) leading a committee ... with million-dollar contributions to his super PAC from Kinder Morgan Inc. Executive Chairman Richard Kinder and Chief Oil & Gas Chairman Trevor Rees-Jones. But Sen. Ted Cruz (R-Texas) got huge support ...
Posted: October 17, 2016, 11:42 am
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