Furthermore, Cal McNair, the Texans chairman, and the chief executive officer also issued a statement on behalf of the franchise offering the condolences. He is survived by his wife, four children and 15 grandchildren. Following her husband's death in 2018, Janice became the team's principal owner, with the title of "senior chair." The Robert and Janice McNair Foundation, established in 2015, provides gifts to create centers for entrepreneurship at universities throughout the United States. Janice McNair has been the right-hand to her husband in much of his career when he founded Cogen Technologies, which Bob McNair sold in 1999 to Enron and CalPERS. She co-founded the Texans in 1999 alongside her husband. Janice McNair, Bob's wife, will be the owner, with Cal McNair, 58, handling the day-to-day operations. McNair is survived by his wife, 4 children, 15 grandchildren and 2 great grandchildren. In June 2000, McNair formed a biotechnology investment firm, Cogene Biotech Ventures, where he served as company chairman. Net worth $3.8 billion ... Robert C. McNair (January 1, 1937 – November 23, 2018) was an American businessman, philanthropist, and the owner of the National Football League (NFL)'s Houston Texans. He lived the majority of his life in Houston, Texas. © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved, How Houston Texans Owner Bob McNair Earned His $4 Billion Fortune. Bob is also known for his charity work, as in 1989 he and his wife established the Robert and Janice McNair Educational Foundation, which helps young people to attend college. On September 12, 2007, McNair gave $100 million to Baylor College of Medicine to recruit top scientists and physicians. McNair served as chairman and chief executive officer of The McNair Group, a financial and real estate firm that is headquartered in Houston, Texas. Early life and education. McNair died on November 23, 2018. He eventually broke through to success when he founded the cogeneration company Cogen Technologies, which he sold in 1999 to Enron and CalPERS.

Robert McNair net worth: Robert McNair was an American businessman who had a net worth of $4 billion dollars at the time of his death in 2018. [20] McNair's wife, Janice, became principal owner of the Texans, and represents the team in owners meetings. He further told that she was a loving mother, wife and a strong person for good in Houston Community. Back to Houston, Dies at 81", "Bob McNair, Houston Texans owner, dies at 81", "Texans' Duane Brown on kneeling for anthem: Team felt sense of unity playing for each other", "Gaffes, TV ratings concerns dominated as NFL, players forged anthem peace", "Texans' Duane Brown says Bob McNair meeting 'didn't go too well, "McNairs give Baylor College of Medicine $100 million to recruit world's top scientists, physicians", "NFL Owner Donates $10K to Houston's Anti-LGBT Referendum", "Houston Texans Owner Bob McNair Shells Out Major Bucks To GOP Candidates", "Houston Texans owner Bob McNair dies at age 81", https://en.wikipedia.org/w/index.php?title=Bob_McNair&oldid=977278915, Articles needing additional references from November 2018, All articles needing additional references, Wikipedia introduction cleanup from November 2018, Articles covered by WikiProject Wikify from November 2018, All articles covered by WikiProject Wikify, Articles with multiple maintenance issues, Infobox person using certain parameters when dead, Creative Commons Attribution-ShareAlike License, This page was last edited on 7 September 2020, at 23:33. To speak further of his accomplishments, he owns the McNair Group, a real estate firm which also deal with financials, and he also owns the Palmetto Partners, Ltd. Their son, Cal, became president and CEO, and handles day-to-day operations. However, in 1999 he decided to sell his company, and it was purchased by Eron and CalPERS, but McNair retained possession of the power plants in New York and West Virginia. McNair threw out the first pitch in the stadium's opening night (May 29, 2008), and the Owls beat the Gastonia Grizzlies, 4–2, even turning a triple play in the 6th inning. Bob McNair spent his childhood in Forest City, North Carolina, growing up in a middle class family. Celebrity Article, Biography and Net Worth, Died: November 17, 2007, Columbia, South Carolina, United States, Place Of Birth: Tampa, Florida, United States, Profession: Businessperson, Chairman and CEO of the McNair Group, Owner of NFL Houston Texans, Education: East High School, University of South Carolina, Columbia, Children: Cal McNair, Ruth Smith, Melissa Reichert, Cary McNair, Awards: Anti-Defamation League’s Torch of Liberty Award, Nominations: Robert and Janice McNair Educational Foundation (established in 1989), TV Shows: Quite Frankly with Stephen A. Smith (2006, TV Series), Black Magic (2008, documentary). McNair grew up in Forest City, North Carolina, a town of about 7,500 in the foothills of western North Carolina. He had largely withdrawn from the team's operations in the last months of his life. On January 3, 2014, a consortium headed by McNair made a bid to purchase Reading F.C. To date, the McNair foundation has awarded approximately $2.6 million in financial aid. $1,400,000,000. Robert C. McNair (January 1, 1937 – November 23, 2018) was an American businessman, philanthropist, and the owner of the National Football League (NFL)'s Houston Texans. He successfully bid for an NFL team, and in 1999 he and his partners paid $700 million for the franchise that would become  The Houston Texans. In September 2016 the foundation had established entrepreneurship teaching centers at Columbia College, Northwood University, Houston Baptist University, the University of St. Thomas, and the University of South Carolina, as we well as a research center at Rice University's Baker Institute. He was also the owner of Palmetto Partners, Ltd., a private investment company that manages the McNairs' public and private equity investments, and was Chairman of The McNair Foundation. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm.

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