Kelcy Warren Net Worth (Updated 2025).
Kelcy Warren, a name that has become synonymous with the energy industry, didn’t start his career in the limelight or with a silver spoon. Born and raised in Texas, Warren’s journey began in the oilfields, working as a roughneck on drilling rigs. This hands-on experience, though physically demanding, laid the foundation for his deep understanding of the industry.
In the late 1980s, Warren co-founded a small drilling company, Energy Transfer Partners, with his friend and business partner, Dan Duncan. They started with just a single rig, but Warren’s vision and Duncan’s financial acumen soon propelled the company to new heights. Warren’s technical expertise, coupled with his ability to navigate the complex energy landscape, helped the company grow exponentially.
Kelcy Warren’s Current Net Worth (2025)
As of 2025, Kelcy Warren’s net worth is estimated to be around $3.5 billion, according to Forbes. This significant wealth is primarily attributed to his successful career in the energy industry.
Career
Kelcy Warren co-founded Energy Transfer Partners in 1995, which later became Energy Transfer LP. He served as the company’s CEO until 2021 and remains its chairman. Under his leadership, the company grew to become one of the largest energy infrastructure companies in the United States.
Other Ventures
In addition to his work in the energy sector, Warren has also ventured into real estate. He is the owner of the Dallas Mavericks, an NBA team, which he purchased in 2000. He is also a philanthropist, having established the Kelcy and Mark Warren Foundation with his brother to support various charitable causes.
Assets
Warren’s assets include a significant stake in Energy Transfer LP, as well as real estate holdings, including the 65,000-acre Waggoner Ranch in Texas, which he co-owns. He also owns a private jet and a luxury yacht, further testament to his wealth and success.
Annual Income
As of 2021, Kelcy Warren’s annual income was estimated to be around $45 million, according to Forbes. This figure is subject to change and can vary based on the performance of his business ventures and investments.
Frequently Asked Questions about Kelcy Warren
**Frequently Asked Questions: Kelcy Warren Net Worth**
1. What is Kelcy Warren’s net worth?
Kelcy Warren’s net worth is estimated to be around $3.5 billion.
2. How did Kelcy Warren make his fortune?
Kelcy Warren co-founded Energy Transfer Equity, L.P., a natural gas and natural gas liquids company. He served as its CEO until 2016.
3. What is Kelcy Warren’s role in Energy Transfer Equity?
Kelcy Warren is the Chairman of the Board of Directors at Energy Transfer Equity. He co-founded the company in 1996.
4. What other businesses is Kelcy Warren involved in?
Kelcy Warren is also the owner of the Dallas Mavericks, an NBA team. He purchased the team in 2000.
5. How much did Kelcy Warren pay for the Dallas Mavericks?
Kelcy Warren purchased the Dallas Mavericks for $285 million in 2000.
6. What is Kelcy Warren’s education background?
Kelcy Warren graduated from the University of Texas at Austin with a Bachelor of Business Administration degree.
7. Where was Kelcy Warren born and raised?
Kelcy Warren was born and raised in Houston, Texas.
8. What is Kelcy Warren’s political affiliation?
Kelcy Warren is a Republican and has been a significant donor to Republican political campaigns.
9. What is Kelcy Warren’s philanthropic work like?
Kelcy Warren and his wife, Amy, have been involved in various philanthropic efforts, including supporting education, healthcare, and arts initiatives in Texas.
10. What is Kelcy Warren’s age?
Kelcy Warren was born on April 17, 1955, making him 67 years old.
