Bob McNair net worth
Bob McNair Net Worth: Bob McNair is an American businessman and philanthropist with a net worth of $2 billion. Now best known as the owner of the Houston Texans, an NFL team; McNair began building his fortune outside of football. Initially, he founded Cogen Technologies, a combined heat and power company, which he sold to Enron and CalPERS in 1999.
Today, he still owns power plants in New York and West Virginia, and is chairman and CEO of the Houston, Texas-based financial and real estate firm McNair Group. In June 2000, McNair founded Cogene Biotech Ventures, a biotechnology investment firm, and served as the company’s chairman. In addition, he owns a private investment firm, Palmetto Partners, Ltd., which manages McNairs’ public and private equity investments. An avid philanthropist, Bob McNair is president of The McNair Foundation, which supports a variety of causes. In 1998, McNair decided to bring an National Football League team to the city of Houston and established Houston NFL Holdings shortly after he became owner of the Houston Texans. As for his private life, he is a married man and father of four children.
