Aubrey McClendon Wiki Biography
Aubrey Kerr McClendon, a businessman best known as the founder and CEO of the natural gas and oil company American Energy Partners, LP, as well as co-founder, chairman, and CEO of another natural gas company, Chesapeake Energy, was born on July 14, 1959, in Oklahoma City, Oklahoma, USA. McClendon was also a strong supporter of natural gas. From 1983 until his death in 2016, he worked in the oil sector.
What was the businessman’s net worth? According to reliable sources, Aubrey McClendon’s net worth was projected to be as high as $500 million at the time the data was converted to the present day. It’s worth noting that among his holdings were half ownership of the NBA’s Oklahoma City Thunder basketball team, as well as a wine collection of more than 100,000 bottles.
Aubrey Mcclendon Net Worth $500 Million
Aubrey was born and reared in Belle Isle, where she attended Belle Isle Elementary School, Heritage Hall Middle School, and Upper School. He earned a bachelor’s degree in history from Duke University in 1981. After that, he worked as an accountant before joining Jaytex Oil & Gas as a landsman. He left the corporation in 1982 with the intention of starting his own company.
McClendon started his career in the natural gas business with his colleague Tom L. Ward in 1983. They co-founded Chesapeake Energy in 1989, and they currently hold two wells in Garvin County, Oklahoma. Aubrey assumed the roles of CEO and chairman, while his partner served as president and chief financial officer. The value of the company’s stock increased by 274 percent between 1994 and 1997, greatly increasing McClendon’s net wealth.
Chesapeake built a branch in Texas in 2005, and Forbes named McClendon one of the best performing executives in the United States. He rose to become the highest-paid CEO in the United States in just a few years. At the same time, McClendon had taken out $1 billion in loans and had spent more than $3 million on his personal home repairs. Aubrey took advantage of the company’s planes for personal interests. In 2013, he was forced to resign as CEO. In 2013, the business’s gas production reached 2.5 million cubic feet per day, making it the second-largest natural gas company in the world behind ExxonMobil.
However, in 2013, McClendon founded American Energy Partners, LP, a private oil and gas business. Chesapeake filed suit against Aubrey McClendon in 2015. A federal grand jury charged McClendon with antitrust violations while he was CEO of Chesapeake in 2016. The next day, he appears to have committed suicide in a single vehicle accident.
Regardless, McClendon was well-known for his charitable endeavors. He served on the boards of directors of several public organizations, including Oklahoma City Public Schools, the Oklahoma State Fair, the McClendon Family Boys and Girls Club of OKC, the Oklahoma City Chamber of Commerce, and others. He gave to several Oklahoma City art institutions, including the Philharmonic, Heritage Foundation, Museum of Art, Lyric Theatre, and others. He was inducted into the Oklahoma Hall of Fame by the Oklahoma Heritage Foundation.
Finally, the businessman’s personal life includes three children with Kathleen Upton Byrns, whom he married in 1981.
|Full Name||Aubrey McClendon|
|Net Worth||$500 Million|
|Date Of Birth||July 14, 1959|
|Died||March 2, 2016, Oklahoma City, Oklahoma, United States|
|Place Of Birth||Oklahoma City, Oklahoma, United States|
|Profession||Businessperson, CEO of American Energy Partners, LP, Chesapeake Company|
|Education||Belle Isle Elementary School, Heritage Hall Middle and Upper School, Duke University|
|Nationality||United States of America|
|Spouse||Katie McClendon (m. 1981- 2016)|
|Children||Jack McClendon, Callie McClendon, Will McClendon|
|Parents||Joe Connor McClendon, Carole Kerr McClendon|
|Nicknames||Aubrey K Mcclendon , Aubrey K. McClendon|
|Nominations||Oklahoma Heritage Foundation’s Oklahoma Hall of Fame|