Early Life
Ray Lee Hunt was born in 1943. He is the son of H. L. Hunt, the founder of Hunt Oil Co. He graduated from Southern Methodist University (SMU) in 1965 with a degree in economics. While at SMU, he was designated a University Scholar and served on the student senate.
Rise to Success
After his father's death in 1974, Ray Lee Hunt inherited Hunt Oil Co. and the General American Oil Company. Under his leadership, the family's net worth grew significantly. One of his notable achievements was striking an oil deal with the Kurdistan Regional Government in 2007.
Key Business Strategies
Hunt's primary source of wealth comes from oil and real estate. Hunt Oil Company is one of the largest privately held companies in the United States, operating both domestically and internationally. Hunt has focused on strategic acquisitions and joint ventures to grow the business.
Philanthropy
Ray Lee Hunt is actively involved in political donations and philanthropic endeavors, including educational and athletic initiatives. He has been a major supporter of former President George W. Bush. He also serves on the Board of Trustees of SMU and the George W. Bush Presidential Center.