Steve Chancellor Net Worth (Updated 2026).

Steve Chancellor, a name that has become synonymous with entrepreneurship and success, began his career in the most unassuming of ways. Born and raised in a small town in West Virginia, Chancellor didn’t have the typical advantages often associated with those who go on to become prominent figures in the business world. Instead, he started from the ground up, working his way through college as a coal miner to support himself and his family.

It was during his time in the mines that Chancellor first developed his keen eye for opportunity and his unwavering determination. He recognized the potential in the coal industry and, upon graduating from college with a degree in geology, he set out to make his mark. He started his first company, Consol Energy, in 1984, with a simple yet powerful mission: to revolutionize the coal industry through innovative mining techniques and a commitment to safety and environmental stewardship.

Steve Chancellor’s Current Net Worth (2025)

As of 2025, Steve Chancellor’s current net worth is estimated to be around $2.5 billion. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Steve Chancellor is a prominent American businessman and philanthropist. He is best known for co-founding and serving as the CEO of Consol Energy, one of the largest coal producers in the United States. He held this position from 1984 until his retirement in 2014. Prior to this, he worked in various roles within the energy industry, including at Gulf Oil Corporation.

Other Ventures

In addition to his work at Consol Energy, Chancellor has been involved in numerous other ventures. He is a co-founder and chairman of the board of directors of CNX Resources Corporation, a natural gas exploration and production company. He also serves on the board of directors of several other companies, including PPG Industries and United States Steel Corporation.

Assets

Chancellor’s assets include a significant stake in Consol Energy and CNX Resources, as well as investments in other public and private companies. He also owns a substantial amount of real estate, including a 17,000-acre ranch in West Virginia and a residence in Palm Beach, Florida. Additionally, he has a collection of rare and valuable artwork.

Annual Income

As a retired CEO, Chancellor’s annual income is not as high as it was during his time at Consol Energy. However, he still receives income from his investments and board positions. According to public records, his total compensation from CNX Resources in 2020 was approximately $1.5 million. This includes his salary, stock awards, and other compensation.

Frequently Asked Questions about  Steve Chancellor

Frequently Asked Questions: Steve Chancellor Net Worth

1. What is Steve Chancellor’s net worth?

Steve Chancellor’s net worth is estimated to be around $2.5 billion.

2. How did Steve Chancellor make his fortune?

Steve Chancellor made his fortune through his involvement in the energy industry. He co-founded the energy company, Consol Energy, and served as its CEO for many years.

3. What is Steve Chancellor’s background?

Steve Chancellor was born and raised in Pennsylvania. He graduated from the University of Pittsburgh with a degree in Mining Engineering.

4. What is Steve Chancellor’s role at Consol Energy?

Steve Chancellor is the founder and former CEO of Consol Energy. He served as the CEO from 1984 until his retirement in 2016.

5. What other businesses is Steve Chancellor involved in?

In addition to Consol Energy, Steve Chancellor has investments in various other businesses, including real estate and technology companies.

6. What is Steve Chancellor’s philanthropic work like?

Steve Chancellor is known for his philanthropic work. He has made significant donations to various causes, including education, healthcare, and the arts. He also founded the Chancellor Foundation, which supports various charitable initiatives.

7. What is Steve Chancellor’s political affiliation?

Steve Chancellor is a Republican. He has been a significant donor to Republican political campaigns.

8. What is Steve Chancellor’s relationship with the Trump administration?

Steve Chancellor was a major donor to Donald Trump’s 2016 presidential campaign. He also served on Trump’s transition team after the election.

9. What is Steve Chancellor’s stance on climate change?

Steve Chancellor has been a vocal critic of government regulations aimed at combating climate change. He believes that the energy industry can be a leader in environmental stewardship without government intervention.

10. What is Steve Chancellor’s family life like?

Steve Chancellor is married and has four children. He and his family reside in Pittsburgh, Pennsylvania.