Ray Davis finally completed what he set out to do 15 years after buying the club! The Rangers won the World Series, and many people question if Ray Davis’ religion had anything to do with it.
The business titan sold his energy company and invested his fortune in baseball. He may now reap the benefits of his assets. Ray Davis, a millionaire, understands that money can only buy so much. Davis co-owns and chairs the Major League Baseball (MLB) Texas Rangers.
The Rangers just won the World Series under Bruce Bochy’s leadership. This has given Davis an advantage over his nearest competition. Ray Davis, born October 15, 1941, in Overton, Texas, is a seasoned businessman who has led several significant enterprises. Before his current endeavor, he was the co-CEO and chairman of Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE).
Ray Davis’ Religion: His Ethnicity And Political Views
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Ray Davis is a devout Christian. He usually feels more connected to God when he gives back to the community. Davis, a humanitarian at heart, understands what the Bible teaches about compassion and wants to practice it to the letter. Charity, as every other Christian believes, is pure love from Jesus Christ. The Lord has instructed us to love one another.
As a result, he has given $1 million to both the George W. Bush Presidential Library and Museum in Dallas and the Buckner Foundation, a Dallas-based Christian organization. In addition, $1 million was contributed to the International Justice Mission, a Christian-oriented human rights organization based in Washington, D.C. The goal is to rescue victims of slavery and other forms of violent tyranny.
His Ethnicity and Political Leanings
The corporate magnate likes to remain anonymous and has not revealed his ethnicity. However, other accounts claim he has a political preference. It is well known that he is a philanthropist who appreciates giving back to his community. Although some of his contributions are motivated by humanitarian concerns, others are driven by political objectives.
Since 2021, Davis has contributed at least $225,000 to Texans supporting Greg Abbott, the state’s right-wing Republican governor. He has also endorsed the campaigns of other Republican lawmakers.
Ray Davis Net Worth: How Rich Is He?
Ray Davis’ net worth is expected to reach $2.9 billion by 2024, according to Forbes magazine. Before joining the baseball company, he was CEO of two fossil fuel companies, Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE). ETP is a pipeline and natural gas distributor. Davis resigned as CEO in 2007. Nonetheless, he continues to own 2.4% of the company.
Davis first made the Forbes 400 list in 2008, ranked 367th with a net worth of $1 billion. In 2012, he ranked 315th with a net worth of $1.5 billion, while in 2013, he ranked 296th with a net worth of $1.9 billion. Despite protests from the Standing Rock Sioux tribe, Energy Transfer completed the $3.8 billion Dakota Access Pipeline in 2017.
The firm owns and operates over 125,000 miles of pipeline, which transports around 30% of America’s oil and natural gas. Davis and a group of investors paid approximately $600 million for the Texas Rangers in 2010, and the franchise is now valued at $1.5 billion.
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