BillionaireNet
Crane
Jim Crane
Rank #1651
UNITED STATESLogisticsLogistics, baseball

Jim Crane

Net Worth
$2.374B
0% (24h)
Jim Crane is an American businessman and the owner of the Houston Astros. Born in 1954, Crane built his fortune in the logistics and freight sector. He founded Eagle USA Airfreight in 1984, which later became EGL, Inc. Crane later founded Crane Worldwide Logistics and Crane Capital Group, where he serves as Chairman and CEO. Under his ownership, the Astros have won two World Series championships (2017, 2022). As of December 2025, his estimated net worth is $2.4 billion.

The Full Dossier

Early Life

James Robert Crane was born on January 17, 1954, in Dellwood, Missouri. He attended Lutheran High School North and graduated in 1972. Crane then attended Central Missouri State University (now the University of Central Missouri), where he earned a Bachelor of Science degree in industrial safety in 1976. While at UCM, he was a standout pitcher for the Mules baseball team.

Rise to Success

After graduating, Crane entered the freight forwarding business in Houston in 1982. In 1984, he founded Eagle USA Airfreight with a $10,000 loan from his sister, which later evolved into Eagle Global Logistics (EGL, Inc.). EGL grew rapidly, becoming a global logistics provider with 10,000 employees and $4 billion in revenue by 2007. Crane then formed Crane Capital Group in 2006. In 2008, Crane founded Crane Worldwide Logistics. In 2011, Crane led an investment group that purchased the Houston Astros. Under his leadership, the Astros won the World Series in 2017 and 2022.

Key Business Strategies

Crane's key business strategies have involved identifying opportunities in the logistics and transportation industry. He built Eagle USA Airfreight into a successful logistics company, and then continued with Crane Worldwide Logistics. Moreover, Crane has demonstrated an ability to acquire and grow businesses, as seen with his purchase of the Houston Astros, transforming the team into a championship organization.

Philanthropy

Crane is involved in philanthropy, including significant donations to the Astros Foundation and Hurricane Harvey relief efforts. In 2020, Crane and the Astros raised $2.6 million for the Astros Foundation and New Hope Housing.

Career Timeline

2022

World Series Championship with Astros

Won the World Series with the Houston Astros.

2017

World Series Championship with Astros

Won the World Series with the Houston Astros.

2011

Acquired the Houston Astros

Led an investment group to purchase the Houston Astros.

2008

Founded Crane Worldwide Logistics

Founded Crane Worldwide Logistics.

2006

Founded Crane Capital Group

Founded Crane Capital Group, an investment management company.

1984

Founded Eagle USA Airfreight

Founded Eagle USA Airfreight, which became a global logistics provider.

Philanthropic Impact

Sports$2.6M

Astros Foundation

Raised funds for the Astros Foundation and New Hope Housing in 2020.

Disaster ReliefUnknown

Houston Harris County Winter Storm Relief Fund

Named as one of 8 members of a fund advisory board for the Houston Harris County Winter Storm Relief Fund.

Wealth Trajectory