Bob McNair, an American entrepreneur and philanthropist, has a net worth of $2 billion.
McNair, who is now recognized as the proprietor of the Houston Texans National Football League team, began to accumulate his wealth in areas other than football.
The cogeneration company Cogen Technologies was founded by him, and in 1999, he sold it to Enron and CalPERS.
He continues to possess power plants in New York and West Virginia, and he serves as the Chairman and CEO of the McNair Group, a financial and real estate firm based in Houston, Texas.
Cogene Biotech Ventures, a biotechnology investment company, was founded by McNair in June 2000, and he currently serves as the chairman of the company. He also has a private investment company, Palmetto Partners, Ltd., which oversees the McNairs’ public and private equity investments.
Bob McNair, a committed philanthropist, is the head of The McNair Foundation, a non-profit organization that contributes to various causes.
In 1998, McNair founded Houston NFL Holdings with the aim of establishing a National Football League team in Houston, and soon after, he became the owner of the Houston Texans.
In terms of his personal life, he is a married man who has four children.