
Reported net worth
$11.00B
Source: Celebrity Net Worth · verified Sep 21, 2026
Trending
47/100
Monthly searches
0
Assets tracked
0
Last checked
Sep 21, 2026
Richard Kinder was born in 1944 in Cape Girardeau in Cape Girardeau, Missouri. He earned both his undergraduate degree and his law degree from the University of Missouri, finishing his legal studies in 1968. After serving in the U.S. Army, he began his professional career in the energy sector, eventually joining Enron in 1980. Over the next sixteen years, he rose through the corporate ranks to become the company’s president and chief operating officer, working closely with Kenneth Lay before departing the firm in 1996.
Following his departure from Enron, Kinder utilized his deep industry expertise to co-found Kinder Morgan in 1997 alongside Bill Morgan. The venture began with the acquisition of Enron’s liquids pipeline business. By focusing on the expansion of energy infrastructure, including natural gas and crude oil pipelines, Kinder transformed the company into one of the largest energy midstream firms in North America. His business model prioritized predictable, fee-based cash flows generated from the movement and storage of energy products rather than exposure to commodity price fluctuations.
Throughout the 2000s, Kinder Morgan grew aggressively through strategic acquisitions, including the high-profile purchase of Terasen in 2005 and the consolidation of its various corporate entities into a single publicly traded company in 2011. These moves solidified the firm's position as a dominant player in the midstream sector, managing thousands of miles of pipeline across the continent. Kinder served as CEO for many years and transitioned to the role of executive chairman in 2015, continuing to provide strategic leadership.
Beyond his business success, Kinder has become a significant philanthropist in the Houston area, particularly through the Kinder Foundation. He and his wife, Nancy, have donated hundreds of millions of dollars to urban green spaces, education, and cultural institutions, including Buffalo Bayou Park and the Museum of Fine Arts, Houston. With a reported net worth of approximately $11 billion, he remains a central figure in the American energy industry, recognized for his disciplined capital allocation and long-term vision for infrastructure development.
1990
President of Enron
Richard Kinder was appointed President and Chief Operating Officer of Enron, where he successfully managed the company's core energy operations.
1997
Co-Founded Kinder Morgan
Following his departure from Enron, Kinder partnered with William V. Morgan to acquire Enron's liquid pipeline assets and establish Kinder Morgan.
2006
Led $22 Billion Buyout
Kinder led a management-backed buyout to take Kinder Morgan private in a transaction valued at approximately $22 billion.
2011
Kinder Morgan IPO
He took Kinder Morgan public again on the New York Stock Exchange, raising $2.9 billion in one of the largest energy IPOs in U.S. history.
2012
Acquisition of El Paso Corporation
Kinder orchestrated the $38 billion acquisition of El Paso Corporation, making Kinder Morgan the largest midstream energy company in North America.
2015
Transitioned to Executive Chairman
Kinder stepped down from his long-standing role as Chief Executive Officer of Kinder Morgan to become the company's Executive Chairman.
You may also like
Level up