15 years after he bought the club, he has finally done it! The Rangers have won the World Series, and fans are curious if Ray Davis Religion has anything to do with it.
The business mogul left behind his energy business and funneled his fortune into baseball. He is now finally able to reap the benefits of his investments.
Money can only buy so much, and the same is true for the billionaire Ray Davis. Davis is a co-owner and co-chairman of the Major League Baseball (MLB) Texas Rangers.
The Rangers have recently won the championship of the World Series under the management of Bruce Bochy. This has enabled Davis to get a one-up on his close competition.
Born on October 15, 1941, in Overton, Texas, Ray Davis is a seasoned businessman who has led many enormous companies.
Prior to his current endeavor, he was the co-CEO and chairman of Energy Transfer Partners (ETP) as well as the chairman of Energy Transfer Equity (ETE).
So What Is Ray Davis Religion? Do We Know Anything About His Ethnicity And Political Views?
Ray Davis is a man of God when it comes to religion; he follows the faith of Christianity. He often finds himself being closer to god when he gives back to the community.
A philanthropist by heart, Davis understands what the bible says about charity and tries to follow it by the book.
As every other Christian believes, Charity is the pure love of Jesus Christ. It is the command of the lord to love each other.
Hence, he has donated $1 million to the George W. Bush Presidential Library and Museum in Dallas, as well as $1 million to the Buckner Foundation, a Christian charity based in Dallas.
Additionally, $1 million to International Justice Mission, another Christian-oriented human-rights organization based in Washington, D.C.
The mission seeks to rescue victims of slavery and other forms of violent oppression.
His Ethnicity And Political Leanings
The business tycoon has preferred to remain an enigma and hasn’t disclosed anything about his ethnicity as of yet.
However, there have been several reports of him having a pick when it comes to politics.
It’s already established that he is a philanthropist and loves giving back to the community. Although some of his donations are driven by humanitarian intentions, others are fueled by political motivations.
According to state campaign finance records, Davis has given at least $225,000 to Texans in support of Greg Abbott, the state’s right-wing Republican governor, since 2021.
He has also contributed to the campaigns of other Republican candidates.
Let’s Talk Money: Ray Davis’ Net Worth
As of 2023, Davis has a personal net worth of $2.9 billion, according to Forbes magazine.
He was the CEO of two fossil fuel firms before entering the baseball business: 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 still owns 2.4% of the company.
Davis made his first appearance on the Forbes 400 list in 2008, ranked 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 worth of $1.9 billion.
Despite protests from the Standing Rock Sioux tribe, Energy Transfer completed the construction of the $3.8 billion Dakota Access Pipeline in 2017.
The firm owns and manages over 125,000 miles of pipeline, which transports around 30% of America’s oil and natural gas.
Davis and a group of investors paid roughly $600 million for the Texas Rangers in 2010, and the team is now worth $1.5 billion.