Aubrey Mcclendon Net Worth
•
•
3 min read
Aubrey McClendon Net Worth: Aubrey McClendon was an American businessman and sports team executive who had a net worth of $500 million. Aubrey McClendon was most notable for being the co-founder, retired CEO and former chairman of Chesapeake Energy. Aubrey was also a part owner of the NBA's Oklahoma City Thunder. He was born Aubrey Kerr McClendon on July 14, 1959, in Oklahoma City, Oklahoma. Aubrey played a key role in turning the company that he co-founded from scratch 30 years ago, into the country's second-largest natural gas producer. A graduate from Duke University with a BA in history, McClendon started his first oil and natural gas investment company, Chesapeake Investments, in 1982 at the age of 23. Seven years later, he teamed up with Tom L. Ward to create the Chesapeake Energy Corporation. The company, which is now the most active driller and "fracturer" in America, went public in 1993.
One of the top 15 oil producers in the States, it currently employes around 12,000 people. Apart from Chesapeake Energy, McClendon has other sources of wealth, having sold 75% of his 10,000-bottle collection in auctions and owning a 20% stake in the NBA's Oklahoma City Thunder. He was an outspoken advocate for natural gas as a cleaner and safer alternative to oil and coal fuels. On March 1, 2016, Aubrey was charged with conspiring to rig bids to buy natural gas and oil leases in Oklahoma. Roughly 24 hours later, on March 2nd, Aubrey was supposed to turn himself into jail. Instead he drove his vehicle into a bridge overpass at a high velocity and perished. Initial reports claimed that Aubrey purposely crashed to commit suicide. He was 56 years old and is survived be a wife and three kids.
