Farris Wilks Net Worth (Updated 2025).
Farris Wilks, born in 1937, began his career in the oil and gas industry, working as a roughneck on drilling rigs. He honed his skills over decades, eventually becoming a successful wildcatter, a term used for independent oil prospectors who explore for oil and gas in unproven areas.
In the late 1990s, Wilks made a significant discovery in the Permian Basin, Texas, which catapulted him to fame. This discovery, known as the “Wilks Well,” was one of the most prolific oil wells in U.S. history, marking a turning point in his career and establishing him as a prominent figure in the oil and gas industry.
Table Of Contents
Farris Wilks’ Current Net Worth (2025)
As of 2025, Farris Wilks’ current net worth is estimated to be around $1.5 billion, according to Forbes. This figure reflects his successful career and various ventures.
Career
Farris Wilks is a prominent American businessman and philanthropist. He co-founded the successful gold mining company, “Fossil Ridge Resource Corporation” in 1996 with his brother Dan. Farris served as the CEO until 2002, when he stepped down to focus on other ventures.
Other Ventures
After leaving Fossil Ridge, Farris ventured into real estate and investments. He is a partner in “Wilks Brothers LLC,” a company that focuses on real estate development and investments. Additionally, he is involved in various other businesses, including a cattle ranch and a private equity firm.
Assets
Farris Wilks’ assets include a sprawling ranch in Texas, valued at over $100 million. He also owns several properties across the United States, as well as a private jet. His investment portfolio is diverse, including stakes in various companies and funds.
Annual Income
Farris Wilks’ annual income is not publicly disclosed. However, given his vast business portfolio, it is estimated to be in the tens of millions of dollars. His wealth has primarily been generated through his successful business ventures and strategic investments.
Frequently Asked Questions about Farris Wilks
**Frequently Asked Questions: Farris Wilks Net Worth**
1. What is Farris Wilks’ net worth?
Farris Wilks’ net worth is estimated to be around $6.5 billion.
2. How did Farris Wilks make his fortune?
Farris Wilks made his fortune through the oil and gas industry. He co-founded Frac Tech, a hydraulic fracturing company, with his brother Dan Wilks in 2002.
3. Is Farris Wilks a billionaire?
Yes, Farris Wilks is a billionaire. He and his brother Dan were first listed on the Forbes Billionaires List in 2012.
4. What is the source of Farris Wilks’ wealth?
The primary source of Farris Wilks’ wealth is his ownership stake in Frac Tech, which he co-founded with his brother. The company was sold to NABORS Industries in 2011 for $3.2 billion.
5. What is Farris Wilks’ role in Frac Tech?
Farris Wilks served as the CEO of Frac Tech from its founding in 2002 until its sale in 2011. He was also one of the company’s major shareholders.
6. How much of Frac Tech did Farris Wilks own?
It is not publicly disclosed how much of Frac Tech Farris Wilks owned. However, he and his brother Dan were the company’s majority owners.
7. What happened to Frac Tech after it was sold?
After Frac Tech was sold to NABORS Industries in 2011, the company continued to operate as a subsidiary of NABORS. Farris and Dan Wilks did not remain with the company after the sale.
8. What does Farris Wilks do now?
After the sale of Frac Tech, Farris Wilks has been involved in various philanthropic endeavors. He and his brother Dan have donated millions of dollars to conservative political causes and religious organizations.
9. How much has Farris Wilks donated to charity?
Farris Wilks and his brother Dan have donated hundreds of millions of dollars to charity since 2010. Their largest donation was $150 million to the Wilks Family Foundation in 2017.
10. What is the Wilks Family Foundation?
The Wilks Family Foundation is a private foundation established by Farris and Dan Wilks. The foundation supports various causes, including education, healthcare, and religious organizations.
