James Mcglothlin Net Worth (Updated 2026).

James McGlothlin, born and raised in the heart of Virginia, began his career in an unlikely setting: his family’s furniture store. Growing up in this environment cultivated his entrepreneurial spirit and keen business acumen, which would later propel him to fame. After graduating from the University of Virginia with a degree in economics, McGlothlin joined the family business, but his ambitions stretched far beyond the confines of a local store. He saw an opportunity in the then-nascent industry of timeshare ownership and, with a leap of faith, he co-founded Resort Quest in 1974, marking the beginning of his journey to becoming a renowned figure in the hospitality and real estate sectors.

James McGlothlin’s Current Net Worth

As of 2025, James McGlothlin’s estimated net worth stands at a staggering $2.5 billion, according to the latest available information.

James McGlothlin’s Career

James McGlothlin, born in 1950, is a prominent American businessman and philanthropist. He co-founded the energy company, James River Coal Company, in 1991, serving as its CEO until 2014. Under his leadership, the company grew significantly, becoming one of the largest coal producers in the eastern United States.

Other Ventures

Beyond his work in the energy sector, McGlothlin has also made significant investments in real estate and other businesses. He is a co-owner of the Bristol Motor Speedway, one of the most renowned racetracks in the United States. Additionally, he has interests in various other industries, including banking and finance.

Assets

McGlothlin’s extensive asset portfolio includes a significant stake in the James River Group, a specialty insurance holding company, and substantial real estate holdings across the United States. His philanthropic endeavors, primarily focused on education and healthcare, are also notable aspects of his asset portfolio.

Annual Income

As a successful businessman and investor, James McGlothlin’s annual income is substantial. While the exact figure fluctuates year to year, it is estimated to be in the tens of millions of dollars, primarily derived from his business ventures and investments.

Frequently Asked Questions about  James Mcglothlin

Frequently Asked Questions: James McGlothlin Net Worth

1. What is James McGlothlin’s net worth?

As of the latest estimates, James McGlothlin’s net worth is approximately $2.5 billion.

2. How did James McGlothlin make his fortune?

James McGlothlin made his fortune primarily through real estate development and investments. He is the co-founder and chairman of the real estate development firm, McGlothlin Development Company.

3. What is James McGlothlin’s age?

James McGlothlin was born on January 1, 1946. As of 2021, he is 75 years old.

4. Where does James McGlothlin live?

James McGlothlin resides in Bristol, Virginia, with his wife, Marilynn.

5. What is the McGlothlin Development Company?

The McGlothlin Development Company is a real estate development firm co-founded by James McGlothlin in 1978. The company specializes in the development of shopping centers, office buildings, and other commercial properties.

6. How did James McGlothlin start his career?

James McGlothlin started his career as an attorney in Bristol, Virginia. He later transitioned into real estate development, co-founding the McGlothlin Development Company with his brother, William.

7. What is James McGlothlin’s educational background?

James McGlothlin graduated from the University of Virginia with a Bachelor of Arts degree in 1968. He then attended the University of Virginia School of Law, where he earned his Juris Doctor degree in 1971.

8. What is James McGlothlin’s political affiliation?

James McGlothlin is a Republican and has been a significant donor to the Republican Party and various political campaigns.

9. What are some of James McGlothlin’s philanthropic efforts?

James McGlothlin and his wife, Marilynn, have been involved in numerous philanthropic efforts, including supporting the arts, education, and healthcare. They have made significant donations to various institutions, including the University of Virginia and the Virginia Highlands Community College.

10. What is James McGlothlin’s relationship with the former U.S. Secretary of State, James A. Baker III?

James McGlothlin is the nephew of James A. Baker III, the former U.S. Secretary of State and White House Chief of Staff. They have a close relationship, and McGlothlin has been a significant donor to various political campaigns that Baker has been involved with.