William Moncrief, Jr.
Is an American entrepreneur who has a net worth of $1 billion.
William “Tex” Moncrief Jr.
He is most recognized as an oil and gas wildcatter who made a significant life-changing discovery in January 2010 when he stumbled upon an offshore field named “Davy Jones,” which is believed to hold up to 6 trillion cubic feet of gas.
William’s company, Moncrief Offshore LLC, has a 10% stake in the platform and exploration activities.
An elderly widower with five offspring, William Moncrief, Jr.
At the age of 10, he started his career with his father, W.
A. “Monty” Moncrief Sr.
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A 6-billion-barrel oilfield in East Texas was discovered in 1986.
Tex’s desire to leave school and become a professional golfer was fueled by his father’s wealth, but he was persuaded by his father to pursue the sport instead.
Rather than following his father’s path, he ventured into the lucrative fields of oil and gas.
William Moncrief, Jr., is a devoted football fan.
Provides financial support to both the University of Texas and Texas Christian University.