American businessman Billy Joe “Red” McCombs lived from October 19, 1927, until February 19, 2023. He established the Red McCombs Automotive Group in San Antonio, Texas.
McCombs was born in the US state of West Texas’ Dickens County, in the small town of Spur. His red hair earned him the moniker “Red.”
His father was a mechanic who made $25 per week yet gave tithes weekly to Spur’s First Baptist Church.
“Share with those who had less, and the thrill of giving never stopped to astonish me,” McCombs recalls seeing his parents do.
He was also the co-founder of Clear Channel Communications, a former chairman of Constellis Group, the founder of the McCombs School of Business at the University of Texas at Austin, and a former owner of the San Antonio Spurs, San Antonio Force, Denver Nuggets, and the Minnesota Vikings. He was among the 400 richest Americans according to Forbes.
McCombs’ net worth was estimated by the San Antonio Express-News to be $1.4 billion in 2012. In terms of wealth, he was rated 913rd in the world.
At the time, McCombs was surpassed on the list by Rodney Lewis, a natural gas driller, and Charles Butt, an employee of the H-E-B supermarket chain.
McCombs’ net worth was estimated by Forbes to be $1.6 billion in 2017, and he was listed as No. 1,290 on a list of the world’s billionaires.
Who is Red Mccombs wife, Charline Hamblin McCombs
Charline Hamblin and McCombs were married from 1950 till her passing on December 12, 2019. McCombs passed away on February 19, 2023, at his San Antonio residence.