Ray Lee Hunt
Ray Hunt | |
|---|---|
| Born | Ray Lee Hunt 1943 (age 80–81) |
| Other names | R. L. Hunt |
| Education | Southern Methodist University (BA) |
| Political party | Republican |
| Children | Hunter |
| Parent | H. L. Hunt |
| Relatives | Swanee Hunt June Hunt Helen LaKelly Hunt |
Ray Lee Hunt (born 1943) is an American billionaire heir and businessman.[1]
Early life
Hunt is the son of the late
Education
Hunt is a graduate of Southern Methodist University in the Dallas enclave of University Park, Texas.[1][2]
Career
After his father's death in 1974, he inherited Hunt Oil Co. and the remains of the General American Oil Company along with his three sisters. In 1982, Forbes magazine estimated Ray Hunt's family's total net worth to be $200 million.[1] In 2006 Forbes estimated that Ray's family's net worth increased from $200 million to $4.6 billion.
In September 2007, Hunt struck an oil deal with the
In November 2009, native Peruvians under the coalition of the Native Federation of the Rio Madre de Dios, (FENAMAD), issued an eviction notice to Ray Hunt and the Hunt Oil Company from the Amarakaeri Communal Reserve. In the letter FENAMAD wrote, "Having peacefully exhausted all protest, without receiving any answer, we hereby communicate to you that we have agreed to a fifteen-day period for you to definitively withdraw from the Amarakaeria Communal Reserve since you do not have the indigenous community's consent." A press release issued by Amazon Watch stated that "The Reserve was first established in 2002 after years of indigenous petitioning to protect the rainforest area of the vast Madre de Dios and Karene watersheds and to provide protected zones for the Harakmbut indigenous peoples to live, fish, and hunt. The area in dispute, besides being a declared nature reserve, crosses the headwaters of several important river basins, and lies in the buffer zones of Manu and Bahuaja Sonene National Parks, two of the most biodiverse national parks in the world."
He is the former owner of the
Political donations
Hunt was a major supporter of former
Other donations
Hunt is also a major donor to the SMU athletic program. He was one of a group of roughly 15 boosters who played a major role in the university's impending 2024 move from the American Athletic Conference to the Atlantic Coast Conference (ACC). The group's members committed to making athletic donations large enough to allow the school to forego any ACC media revenue for its first nine years as an ACC member.[7]
Personal life
Hunt is married and has five children. Hunt's son,
See also
- Notable alumni of St. Mark's School of Texas
References
- ^ a b c d e f "Ray Lee Hunt". Forbes.
- ^ "SMU Rotunda - 1946 digital edition". Archived from the original on 2013-07-25.
- ^ Glanz, James; Richard A. Oppel (2007-07-03). "Committee Questions State Dept. Role in Iraq Oil Deal". The New York Times.
- ^ Politi, Daniel (2008-07-03). "Today's Papers: "You Have Been Liberated"". Slate.
- ^ "Bush Center". www.bushcenter.org.
- ^ "Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 August 2015. Retrieved 14 October 2015.
- ^ a b Dellenger, Ross (September 7, 2023). "Inside SMU's pursuit of the Power Five — 'It's a couple hundred million dollars. I'm not losing sleep over it.'". Yahoo Sports. Retrieved September 8, 2023.
- ^ "Ray Lee Hunt". Forbes.