Richard Rainwater

About Richard Rainwater

Birth Day: June 15, 1944
Birth Place: United States
Died On: September 27, 2015(2015-09-27) (aged 71)\nFort Worth, Texas, U.S.
Birth Sign: Cancer
Alma mater: University of Texas, Austin Stanford Business School
Occupation: Entrepreneur, investor
Spouse(s): Darla Moore (m. 1991)
Children: 3

Richard Rainwater


Richard Rainwater is a member of Investments born on June 15, 1944 in United States. As of 2018 Richard Rainwater net worth is approximately $3 Billion. Legendary dealmaker Richard Rainwater died in September 2015 at age 71. He had been fighting a rare neurodegenerative disease, progressive supranuclear palsy, for six years.

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💰 Net worth: $3 Billion

2010 $2.3 Billion
2011 $2.3 Billion
2012 $2.3 Billion
2013 $2.6 Billion
2014 $2.7 Billion
2015 $3 Billion
2018 $3 Billion



He founded, co-founded, or was a major investor in companies including Ensco plc, an offshore drilling company, in 1986; Columbia Hospital Corporation in 1988; Mid Ocean Limited, a provider of casualty re-insurance, in 1992; Crescent Real Estate Equities, Inc. in 1994; and Pioneer Natural Resources in 1997. In 2010, he was awarded the Arbuckle Award at Stanford, where he received a MBA in 1968. In accepting the award, he credited his mother with giving him people skills that had an enormous effect on his Business and deal making success.


The son of a wholesale grocer, Rainwater grew up in Fort Worth, Texas. He is of Lebanese roots. He graduated from the University of Texas at Austin with a degree in mathematics, where he was a member of the Tau chapter of the Kappa Sigma fraternity. He was recognized by the national organization in 1996 as Kappa Sigma Man of the Year. After graduation, he went on to earn a 1968 MBA from Stanford Business School.


In 2009, he was diagnosed with progressive supranuclear palsy.


In March 2011, a court declared him incapacitated, and his youngest child, Matthew, became his legal guardian.


Rainwater died on September 27, 2015 from progressive supranuclear palsy, aged 71.

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