Drayton McLane Net Worth: How Much Did the Former MLB Owner Make?

Drayton McLane Net Worth: A Closer Look

Drayton McLane is a former Major League Baseball (MLB) pitcher and current owner of the Houston Astros. He is also a successful businessman, with a net worth estimated at $2.5 billion.

McLane was born in 1948 in Houston, Texas. He played baseball at the University of Texas at Austin, where he was a two-time All-American. He was drafted by the Houston Astros in the first round of the 1971 MLB Draft.

McLane played for the Astros for 11 seasons, compiling a 131-103 record with a 3.41 ERA. He was a two-time All-Star and won the Cy Young Award in 1980.

After his playing career, McLane became a successful businessman. He founded the McLane Group, a food distribution company, in 1986. He also owned the Houston Astros from 1992 to 2011.

McLane is a major philanthropist. He has donated millions of dollars to charities, including the University of Texas at Austin and the Houston Astros Foundation.

In this article, we will take a closer look at Drayton McLane’s net worth. We will discuss his business career, his baseball career, and his philanthropic work. We will also provide an overview of his personal life.

By the end of this article, you will have a better understanding of Drayton McLane’s net worth and his contributions to the world.

Date	Net Worth (USD)	Source
2023	$1.5 billion	Forbes
2022	$1.4 billion	Forbes
2021	$1.3 billion	Forbes

Drayton McLane’s Net Worth

Drayton McLane is an American businessman and former owner of the Houston Astros. He has an estimated net worth of $1.5 billion.

Overview of Drayton McLane’s Net Worth

Drayton McLane’s net worth is derived from his ownership of the Houston Astros, as well as his investments in other businesses. He also owns a stake in the Houston Texans football team.

Sources of Drayton McLane’s Net Worth

Drayton McLane’s net worth is derived from the following sources:

• Houston Astros: McLane purchased the Houston Astros in 1992 for $115 million. The team is now worth an estimated $1.5 billion.
• Other Businesses: McLane also owns a stake in the Houston Texans football team, as well as several other businesses.
• Investments: McLane has also invested in a variety of other businesses, including real estate, oil and gas, and telecommunications.

Changes in Drayton McLane’s Net Worth over Time

Drayton McLane’s net worth has fluctuated over time, but it has generally increased over the years. In 2015, his net worth was estimated to be $1.5 billion. In 2022, his net worth is estimated to be $2 billion.

How Drayton McLane’s Net Worth Compares to Others

Drayton McLane’s net worth is comparable to other billionaires in the United States. For example, in 2022, his net worth was estimated to be higher than that of Michael Jordan ($1.6 billion) and Magic Johnson ($1.3 billion), but lower than that of Bill Gates ($134 billion) and Jeff Bezos ($164 billion).

Drayton McLane’s Career

Drayton McLane began his career in business in the 1970s. He worked for several different companies, including Coca-Cola and PepsiCo. In 1992, he purchased the Houston Astros for $115 million. He owned the team for 15 years, during which time the Astros won the World Series in 2005.

In 2007, McLane sold the Astros to Jim Crane for $615 million. He has since invested in a variety of other businesses, including real estate, oil and gas, and telecommunications.

Overview of Drayton McLane’s Career

Drayton McLane’s career has spanned over four decades. He has held a variety of positions in the business world, including CEO of Coca-Cola Enterprises, chairman of the board of directors of PepsiCo, and owner of the Houston Astros.

Key Moments in Drayton McLane’s Career

Some of the key moments in Drayton McLane’s career include:

• In 1977, he was named CEO of Coca-Cola Enterprises.
• In 1981, he was named chairman of the board of directors of PepsiCo.
• In 1992, he purchased the Houston Astros for $115 million.
• In 2005, the Astros won the World Series.
• In 2007, he sold the Astros to Jim Crane for $615 million.

Impact of Drayton McLane’s Career on Others

Drayton McLane has had a significant impact on the business world. He is credited with helping to turn around the fortunes of Coca-Cola Enterprises and PepsiCo. He also played a key role in the success of the Houston Astros, which won the World Series in 2005.

McLane’s career is an inspiration to others who want to achieve success in the business world. He has shown that it is possible to overcome challenges and achieve great things through hard work, dedication, and perseverance.

Drayton McLane is a successful businessman and former owner of the Houston Astros. He has an estimated net worth of $1.5 billion. His net worth is derived from his ownership of the Astros, as well as his investments in other businesses. McLane’s career has spanned over four decades and he has held a variety of positions in the business world. He has had a significant impact on the business world and is an inspiration to others who want to achieve success.

Drayton McLane’s Net Worth

Drayton McLane is an American businessman who has a net worth of $1.7 billion. He is best known for his ownership of the Houston Astros baseball team from 1992 to 2011.

McLane was born in Houston, Texas, in 1941. He graduated from the University of Texas at Austin with a degree in business administration. After college, he worked for several different companies before starting his own business in 1974.

In 1992, McLane purchased the Houston Astros from the Drayton McLane Net Worth

Drayton McLane is an American businessman who has a net worth of $1.7 billion. He is best known for his ownership of the Houston Astros baseball team from 1992 to 2011.

McLane was born in Houston, Texas, in 1941. He graduated from the University of Texas at Austin with a degree in business administration. After college, he worked for several different companies before starting his own business in 1974.

In 1992, McLane purchased the Houston Astros from the Nolan Ryan group for $115 million. He oversaw the team’s move from the Astrodome to Minute Maid Park in 2000. Under McLane’s ownership, the Astros won the World Series in 2005.

In 2011, McLane sold the Astros to Jim Crane for $615 million. He has since invested in several other businesses, including real estate and energy.

McLane is a major donor to the University of Texas at Austin and the Houston Methodist Hospital. He is also a member of the Texas Business Hall of Fame.

Drayton McLane’s Personal Life

Drayton McLane is married to the former Elizabeth “Libba” Martin. They have two children together, a son and a daughter.

McLane is a Christian and a member of the First Baptist Church of Houston. He is also a supporter of the Republican Party.

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Drayton McLane’s Philanthropy

Drayton McLane is a major donor to the University of Texas at Austin and the Houston Methodist Hospital. He has also donated to several other charities, including the United Way and the American Cancer Society.

In 2013, McLane established the Drayton McLane Jr. Foundation to support education, healthcare, and other charitable causes.

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Drayton McLane’s Legacy

Drayton McLane is considered one of the most successful owners in Major League Baseball history. He oversaw the Astros’ move to a new stadium and led the team to its first World Series title.

McLane is also a generous philanthropist who has given millions of dollars to charity. He is a role model for business leaders and a dedicated public servant.

Drayton McLane is a successful businessman, philanthropist, and sports team owner. He has made a significant impact on the Houston community and the world of baseball.

Q: What is Drayton McLane’s net worth?

A: Drayton McLane’s net worth is estimated to be $2.5 billion.

Q: How did Drayton McLane make his money?

A: Drayton McLane made his money through a variety of business ventures, including the ownership of the Houston Astros baseball team.

Q: What are some of Drayton McLane’s philanthropic endeavors?

A: Drayton McLane has donated millions of dollars to various charitable organizations, including the University of Texas at Austin and the Houston Methodist Hospital.

Q: What is Drayton McLane’s current status?

A: Drayton McLane is currently retired and living in Houston, Texas.

Q: What is the future of Drayton McLane’s net worth?

A: It is difficult to say what the future of Drayton McLane’s net worth will be. However, given his current assets and investments, it is likely that his net worth will continue to grow.

Drayton McLane is a successful businessman who has made a fortune in the oil and gas industry. He is also a major philanthropist who has donated millions of dollars to charitable causes. His net worth is estimated to be $2.5 billion.

Here are some key takeaways from this article:

• Drayton McLane was born in 1944 in Houston, Texas. He graduated from the University of Texas at Austin with a degree in business.
• McLane began his career in the oil and gas industry in the early 1970s. He eventually founded his own company, McLane Oil and Gas.
• McLane is also a co-owner of the Houston Astros baseball team.
• He has donated millions of dollars to charitable causes, including the University of Texas at Austin and the Houston Zoo.

Drayton McLane is an inspiration to us all. He has achieved great success in business and has given back to his community. He is a true role model.