Paul Foster net worth
Paul Foster Net Worth: Paul Foster is an American businessman who has a net worth of $1.1 billion. Prominent oilman Paul Foster returned to the billionaire rankings for the first time since 2008, thanks to a rise in the shares of his company Western Refining. As of February, Foster has seen the company’s stock price rise more than 90%.
Since founding the company in 1997, he has served as Western Refining’s Chief Executive Officer and Executive Chairman of the Board. Headquartered in El Paso, Texas, the company has been transformed into an independent refiner and marketer with two refineries. It has a combined capacity of 155,000 barrels of crude oil per day and approximately 225 convenience stores in the Southwest United States. A graduate of Baylor University, he began his career as a CPA and then financed refineries in the Southwest. In the late 1990s, he decided to start his own company, Western Refining, and not a full decade later, in 2006, he took the company public. In addition to his business career, Paul Foster is an active philanthropist, among many charities, he donated $50 million in 2007 to help Texas in El Paso, Texas The Paul Foster School of Medicine was created by the Sri Lanka Institute of Technology Health Sciences Centre.
