Robert Rowling Net Worth is$4.9 Billion
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Profession: Businessperson
Nicknames: Robert B. Rowling
Country: United States of America
Robert Rowling net worth: Robert Rowling is an American businessman with an estimated net worth of $4.9 billion dollars which makes him one of the richest people in Texas. Born in Corpus Christi, Texas, Robert Rowling graduated from the University of Texas at Austin, and then earned his law degree from Southern Methodist University. He began working for his father's oil company in the early 70s, and subsequently formed TRT Holdings. TRT has gone on to become a highly successful holdings company. The company sold Corpus Christi National Bank in 1994, receiving $131 million in return. Mr. Rowling then went on to purchase the Omni Hotel chain, which he has grown to include 50 locations and 15,000 rooms. He is currently completely revamping Tana Exploration, a struggling oil company, and he is also the owner of the Gold's Gym franchise. Mr. Rowling currently lives in Dallas, Texas, and is a vocal supporter of the Republican Party. After giving $2 million to Karl Rove's Super PAC, American Crossroads, there was widespread outcry from Gold's Gym members.
Robert B. Rowling is the founder of TRT Holdings, the holding company of Omni Hotels and Gold's Gym.
A native of Corpus Christi, Texas, Rowling has an undergraduate degree from the University of Texas at Austin and a Doctor of Jurisprudence from Southern Methodist University.
In 1972, Rowling began working for Tana Oil and Gas, which was owned by his father, Reese Rowling, and William Colson. In 1989 Texaco acquired Tana for $476 million, thereby providing money that was used to form TRT Holdings. Five years later, TRT Holdings sold Corpus Christi National Bank for $131 million. TRT Holdings would later purchase Omni Hotels for $500 million and Gold's Gym for $180 million. In August 2010, Rowling made the winning bid to acquire the bankrupt Amelia Island Plantation Resort for $67.1 Million.
Rowling served as a regent to the University of Texas System until February 6, 2009 when he resigned over a controversy regarding bonuses paid to the UTIMCO investment staff. Governor Rick Perry and Texas state senators had sought to go back on compensation agreements with the staff. Unwilling to break the contracts and disgusted by their grandstanding, Rowling quit during a Texas Senate Finance Committee meeting and followed it up a day later with a formal letter of resignation
As of March 2012, he is worth US$4.8 billion. He is the 66th richest person in the United States. He is married, with two children. He lives in Dallas, Texas.
He is a conservative Republican and a major donor to the party. He is also one of four billionaire backers of the conservative political action group American Crossroads. According to an article published in Forbes magazine, "Rowling is facing a rebellion at his fitness chain Gold???s Gym after his $2 million donation to Karl Rove???s conservative group sparked protest from gay rights advocates". Rowling gave a $2 million gift to Karl Rove???s "conservative PAC American Crossroads, which has given money to candidates with anti-gay vi

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Robert Rowling Latest News

Downtown Fort Worth’s best penthouse view a bargain at $7.9 million?

The Omni property, owned by Robert Rowling, founder of the holding company of Omni Hotels & Resorts, has been on the market for more than a year. But agent Allison Hayden of Briggs-Freeman Sotheby’s, says that’s not uncommon for such high-end homes.
Posted: October 10, 2016, 3:53 am

Life Time Fitness CEO Akradi buys stake in struggling Wayzata-based oil company

Reger filed a wrongful termination lawsuit against his former employer in August. Texas oil tycoon Robert Rowling has amassed a 19 percent stake in the company. Akradi started what is now Life Time Fitness in 1990. Based in Chanhassen, the company was ...
Posted: October 12, 2016, 7:27 am

Breaking down the magic of the 'Harry Potter' franchise

Rowling’s mission was clear ... Otherwise, it was tragedy thrusting one young Potter actor into the news: Hogwarts student Robert Knox was murdered by a thug outside a London bar in 2008 while protecting his younger brother. Columbus had a hand in ...
Posted: October 23, 2016, 4:36 am
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