The American businessman William Joe “Red” McCombs was born on October 19, 1927, and died on February 19, 2023. The McCombs School of Business at the University of Texas at Austin bears his name, and he also started a car dealership in San Antonio called the Red McCombs Automotive Group and was a co-founder of Clear Channel Communications and a former chairman of Constellis Group.
He also briefly owned the San Antonio Spurs, San Antonio Force, Denver Nuggets, and Minnesota Vikings. He was considered one of the 400 wealthiest people in the United States. He is the 913th wealthiest person on the planet.
McCombs was topped on the list by two other individuals from San Antonio: Charles Butt, who worked for the H-E-B supermarket chain and Rodney Lewis, who worked in the natural gas drilling industry.
Red McCombs Net Worth
Business mogul Billy Joe (Red) McCombs of the United States is estimated to be worth $1.4 billion. Mr. McCombs is one of the wealthiest persons on the planet thanks to his work as the founder of the Red McCombs Automotive Group in San Antonio, Texas.
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For a short time following his birth on October 19, 1927, in Spur, Texas, Billy Joe McCombs attended Southwestern University in Georgetown before enlisting in the United States Army. He enrolled at UT Austin’s school of business and law afterward. After he got married in the early 1950s, he decided to forego his college education in favor of a career selling automobiles at George Jones Ford in Corpus Christi.
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