Ray Davis ultimately accomplished what he set out to achieve 15 years after purchasing the club! The Rangers won the World Series, and many are wondering whether Ray Davis’ religion had anything to do with it. The corporate magnate abandoned his energy firm and invested his riches in baseball. He is now able to enjoy the rewards of his investments. Money can only buy so much, and millionaire Ray Davis is no exception. Davis is a co-owner and chairman of the Major League Baseball (MLB) Texas Rangers.
The Rangers just won the World Series title under Bruce Bochy’s supervision. This has allowed Davis to gain an advantage over his closest competitors. Ray Davis, born on October 15, 1941, in Overton, Texas, is an experienced businessman who has run several large corporations. Before his present project, he served as the co-CEO and chairman of Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE).
Ray Davis’ Religion: His Ethnicity And Political Views
Ray Davis is a God-fearing individual who practices Christianity. He typically feels closer to God when he gives back to the community. Davis, a humanitarian at heart, knows what the Bible teaches about compassion and strives to follow it to the letter. As every other Christian thinks, charity is Jesus Christ’s pure love. It is the Lord’s instruction to love one another.
As a result, he has contributed $1 million to both the George W. Bush Presidential Library and Museum in Dallas and the Buckner Foundation, a Dallas-based Christian organization. In addition, $1 million was donated to International Justice Mission, a Christian-oriented human rights group located in Washington, D.C. The mission is to rescue victims of slavery and other types of brutal tyranny.
His Ethnicity and Political Leanings
The corporate magnate prefers to stay anonymous and has yet to reveal his ethnicity. However, some sources suggest that he has a political preference. It’s previously known that he is a philanthropist who enjoys giving back to his community. Although some of his gifts are motivated by humanitarian reasons, others are motivated by political considerations.
According to state campaign finance records, Davis has contributed at least $225,000 to Texans in favor of Greg Abbott, the state’s right-wing Republican governor, since 2021. He has also supported the campaigns of other Republican politicians.
Ray Davis Net Worth: How Rich Is He?
Ray Davis’s net worth is estimated to reach $2.9 billion by 2024, according to Forbes magazine. Before joining the baseball company, he served as CEO of two fossil fuel companies: Energy Transfer Partners (ETP) and Energy Transfer Equity (ETE). ETP is a pipeline and natural gas distributor. Davis resigned as CEO in 2007. However, he continues to hold 2.4% of the corporation.
Davis first appeared on the Forbes 400 list in 2008, ranking 367th with a net worth of $1 billion. In 2012, he ranked 315th with a net worth of $1.5 billion, while in 2013, he ranked 296th with a net wealth of $1.9 billion. Despite protests from the Standing Rock Sioux tribe, Energy Transfer finished building the $3.8 billion Dakota Access Pipeline in 2017.
The company owns and administers more than 125,000 miles of pipeline, which transmit about 30% of America’s oil and natural gas. Davis and a group of investors spent around $600 million for the Texas Rangers in 2010, and the franchise is currently valued at $1.5 billion.
