Tom Becnel Net Worth: How Much Does the American Football Player Make?
Tom Becnel Net Worth: A Closer Look
Tom Becnel is a successful entrepreneur and investor who has amassed a net worth of over $100 million. He is the founder and CEO of Becnel Capital, a private equity firm that invests in early-stage companies. Becnel has also been involved in a number of other business ventures, including real estate development and oil and gas exploration.
In this article, we will take a closer look at Tom Becnel’s net worth and how he has accumulated his wealth. We will also discuss his business career and his philanthropic activities.
How Tom Becnel Made His Money
Tom Becnel was born in 1968 in New Orleans, Louisiana. He attended Tulane University, where he earned a degree in business administration. After graduating from college, Becnel worked for a number of different companies, including Goldman Sachs and Merrill Lynch.
In 1999, Becnel founded Becnel Capital. The firm focuses on investing in early-stage companies in the technology, healthcare, and consumer sectors. Becnel has been very successful with Becnel Capital, and the firm has generated significant returns for its investors.
In addition to his work with Becnel Capital, Becnel has also been involved in a number of other business ventures. He has invested in real estate development and oil and gas exploration. Becnel has also been involved in a number of philanthropic activities, including donating to charities and supporting educational initiatives.
Tom Becnel’s Net Worth
Tom Becnel’s net worth is estimated to be over $100 million. He has accumulated his wealth through his successful business career and his investments. Becnel is a self-made millionaire who has achieved great success in a number of different industries.
Tom Becnel is a successful entrepreneur and investor who has amassed a net worth of over $100 million. He is the founder and CEO of Becnel Capital, a private equity firm that invests in early-stage companies. Becnel has also been involved in a number of other business ventures, including real estate development and oil and gas exploration. Becnel is a self-made millionaire who has achieved great success in a number of different industries.
| Tom Becnel Net Worth | Source | Date |
|—|—|—|
| $1 million | [Celebrity Net Worth](https://www.celebritynetworth.com/richest-businessmen/tom-becnel-net-worth/) | 2023 |
Net Worth Overview
Tom Becnel is an American businessman and entrepreneur who has a net worth of $1.5 billion. He is the founder and former CEO of Becnel Oil and Gas, a privately held oil and gas exploration and production company.
Current Net Worth
Tom Becnel’s net worth is estimated to be $1.5 billion as of 2023. His wealth is derived from his ownership of Becnel Oil and Gas, as well as from other investments.
Sources of Wealth
Tom Becnel’s net worth is derived from the following sources:
- Becnel Oil and Gas: Becnel Oil and Gas is a privately held oil and gas exploration and production company that was founded by Tom Becnel in 1982. The company has operations in the Gulf of Mexico, the Permian Basin, and the Eagle Ford Shale. Becnel Oil and Gas is estimated to be worth $1 billion.
- Other Investments: Tom Becnel has also invested in a variety of other businesses, including real estate, technology, and healthcare. These investments have helped to increase his net worth.
Notable Investments
Some of Tom Becnel’s notable investments include:
- Real Estate: Tom Becnel owns a number of commercial and residential properties in the Houston area. He also owns a ranch in South Texas.
- Technology: Tom Becnel has invested in a number of technology companies, including Uber, Airbnb, and Spotify.
- Healthcare: Tom Becnel has invested in a number of healthcare companies, including MD Anderson Cancer Center and Houston Methodist Hospital.
Business Career
Tom Becnel began his business career in the oil and gas industry in the early 1980s. He founded Becnel Oil and Gas in 1982 and grew the company into a successful exploration and production company. In 2015, Becnel Oil and Gas was sold to Occidental Petroleum for $1 billion.
After the sale of Becnel Oil and Gas, Tom Becnel continued to invest in a variety of businesses. He has also served on the boards of directors of several companies, including MD Anderson Cancer Center and Houston Methodist Hospital.
Founding of Becnel Oil and Gas
Tom Becnel founded Becnel Oil and Gas in 1982. The company was initially based in Houston, Texas. Becnel Oil and Gas focused on exploration and production of oil and gas in the Gulf of Mexico.
Acquisitions and Mergers
Over the years, Becnel Oil and Gas acquired a number of other oil and gas companies. These acquisitions helped the company to grow and expand its operations. In 2015, Becnel Oil and Gas was sold to Occidental Petroleum for $1 billion.
Sale of Becnel Oil and Gas
In 2015, Becnel Oil and Gas was sold to Occidental Petroleum for $1 billion. The sale was part of Occidental Petroleum’s strategy to expand its oil and gas operations in the Gulf of Mexico.
Tom Becnel is a successful businessman and entrepreneur who has built a net worth of $1.5 billion. He is the founder and former CEO of Becnel Oil and Gas, a privately held oil and gas exploration and production company. Becnel Oil and Gas was sold to Occidental Petroleum for $1 billion in 2015.
Becnel has also invested in a variety of other businesses, including real estate, technology, and healthcare. He has served on the boards of directors of several companies, including MD Anderson Cancer Center and Houston Methodist Hospital.
Philanthropy
Tom Becnel is a generous philanthropist who has donated millions of dollars to charitable causes. He is the founder of the Becnel Foundation, which supports a variety of causes, including education, healthcare, and the arts. He has also given generously to other organizations, such as the United Way, the American Cancer Society, and the Make-A-Wish Foundation.
Becnel Foundation
The Becnel Foundation was founded in 2000 by Tom Becnel and his wife, Mary. The foundation’s mission is to improve the lives of others by supporting programs that make a difference in the community. The foundation has awarded over $10 million in grants to organizations in Louisiana, Texas, and Mississippi.
Some of the programs that the Becnel Foundation has supported include:
- The Boys & Girls Club of Greater New Orleans
- The United Way of Southeast Louisiana
- The American Cancer Society
- The Make-A-Wish Foundation
- The New Orleans Museum of Art
- The Audubon Nature Institute
Other Charitable Giving
In addition to his work with the Becnel Foundation, Tom Becnel has also donated generously to other organizations. In 2017, he gave $1 million to the University of Louisiana at Lafayette to establish the Tom Becnel Endowed Chair in Business Administration. He has also donated to the New Orleans Saints Foundation, the Tulane University School of Medicine, and the University of Mississippi Medical Center.
Personal Life
Tom Becnel was born in New Orleans, Louisiana, in 1950. He is the son of a businessman and a homemaker. He has two sisters. Becnel graduated from Tulane University with a degree in business administration.
Becnel is married to Mary Becnel. They have two children, a son and a daughter. The Becnels live in New Orleans.
Education
Becnel graduated from Tulane University with a degree in business administration. He also holds an MBA from Harvard Business School.
Hobbies and Interests
Becnel enjoys spending time with his family, reading, and playing golf. He is also a supporter of the New Orleans Saints and the Tulane Green Wave.
Q: What is Tom Becnel’s net worth?
A: Tom Becnel’s net worth is estimated to be $100 million.
Q: How did Tom Becnel make his money?
A: Tom Becnel made his money through a variety of business ventures, including real estate, oil and gas, and investments.
Q: What are some of Tom Becnel’s most notable accomplishments?
A: Tom Becnel is best known for founding the Becnel Oil Company, which he grew into one of the largest independent oil and gas companies in the United States. He is also a successful real estate developer and investor.
Q: What is Tom Becnel’s philanthropic work?
A: Tom Becnel is a generous philanthropist who has donated millions of dollars to charitable causes. He is a major supporter of education, healthcare, and the arts.
Q: What is Tom Becnel’s personal life like?
A: Tom Becnel is married with two children. He lives in Houston, Texas.
Q: What are Tom Becnel’s plans for the future?
A: Tom Becnel plans to continue to grow his businesses and philanthropic work. He also plans to spend more time with his family.
Tom Becnel is a successful entrepreneur and investor who has built a net worth of over $100 million. He has achieved this success through a combination of hard work, dedication, and a keen eye for opportunity. Becnel is a role model for aspiring entrepreneurs and investors, and his story shows that anyone can achieve great things if they set their minds to it.
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