BillionaireNet
Warren
Kelcy Warren
Rank #537
UNITED STATESEnergyPipelines

Kelcy Warren

Net Worth
$7.03B
-0.77% (24h)
Kelcy Warren is an American billionaire and the Executive Chairman of Energy Transfer, a leading North American energy infrastructure company. Born on November 9, 1955, in Gladewater, Texas, Warren's career began in the energy sector with Lone Star Gas Company. He later co-founded Energy Transfer in 1996, transforming it into a major player in the pipeline industry, operating over 140,000 miles of pipelines across the United States. Warren's source of wealth is primarily from pipelines. He is also known for his significant philanthropic contributions, including the creation of Klyde Warren Park in Dallas. Warren holds a Bachelor of Science in Civil Engineering from the University of Texas at Arlington.

The Full Dossier

Early Life

Kelcy Lee Warren was born on November 9, 1955, in Gladewater, Texas, and grew up in White Oak, Texas. He was the youngest of four sons. His father worked in the oil fields. Warren attended White Oak High School and graduated from the University of Texas at Arlington with a degree in civil engineering in 1978.

Rise to Success

Warren began his career at Lone Star Gas Company. He later worked for Endevco and became the executive vice-president of Cornerstone Natural Gas. In 1996, Warren co-founded Energy Transfer, which initially operated as a small intrastate natural gas pipeline operator. Under his leadership, Energy Transfer expanded significantly through strategic acquisitions and infrastructure development, growing into one of the largest energy companies in the U.S. Warren served as CEO until 2020 and remains the Executive Chairman.

Key Business Strategies

Energy Transfer's success is attributed to Warren's strategic vision and aggressive deal-making. The company's expansion involved acquiring existing pipeline assets and constructing new infrastructure, including the Dakota Access Pipeline. Warren has consistently invested in expanding the company's infrastructure through acquisitions and strategic partnerships. Energy Transfer operates approximately 140,000 miles of pipelines across 44 states.

Philanthropy

Kelcy Warren is actively involved in philanthropy, supporting various educational institutions, medical facilities, and children's organizations. His notable contributions include the establishment of Klyde Warren Park in Dallas. He has also made a $12 million donation to his alma mater, the University of Texas at Arlington, to elevate the institution in resource and energy engineering.

Career Timeline

2007

Co-chairman and CEO of Energy Transfer

Became co-chairman and co-CEO of Energy Transfer Partners.

1996

Co-founded Energy Transfer

Founded with Ray Davis, starting as a small intrastate natural gas pipeline operator.

1978

Graduated from University of Texas at Arlington

Obtained a bachelor's degree in civil engineering.

Philanthropic Impact

Community Development$30M

Klyde Warren Park

Lead donor for the creation of Klyde Warren Park, a park built over a freeway in Dallas.

Education$16M

University of Texas at Arlington

Donations to his alma mater to support education.

Wealth Trajectory