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Grizzly Bulls’ Billionaires Index

⬅ # 529 Rafael Del Pino|# 531 Reinhold Schmieding ➡

# 530 Janice McNair 

$6.12B

Real Time Net Worth
as of 11/21/2024

# 530 Janice McNair 

$6.12B

Real Time Net Worth
as of 11/21/2024
OccupationCofounder and Owner, Houston Texans
Source of WealthEnergy, Sports
Age88
ResidenceHouston, Texas
Marital StatusWidowed
Children4
EducationBS, Columbia College
Age-Adjusted Net Worth$920.61M
Janice McNair
Janice McNair
United States
Net worth: $6.12B

Self-Made Score 

Breitling Superocean Titanium with Yellow Dial 48mm Mens Watch

Wealth History

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Biography

Overview

Janice Suber McNair was born on September 30, 1936, in Myrtle Beach, South Carolina.
She attended Columbia College, where she met her future husband Bob McNair in the late 1950s.
Janice McNair inherited her late husband's 80% stake in the NFL's Houston Texans after his death in 2018.
She and Bob McNair moved to Houston, where they raised four children and have 15 grandchildren.

Career and Wealth

Janice McNair co-founded the Houston Texans alongside her husband in 1999.
Her husband, Bob McNair, sold his power generator company Cogen Technologies to Enron for $1.5 billion in 1999, using the proceeds to purchase the 32nd NFL franchise for Houston for $600 million.
McNair became the principal owner of the Texans after her husband's passing, holding the title of 'senior chair'.

Family and Personal Life

Janice McNair and Bob McNair had a family of four children and 15 grandchildren.
She is the mother of Cal McNair, who currently serves as the CEO and head of the Houston Texans franchise.
In late 2023, her son Robert Cary McNair Jr. applied for guardianship over her, but this lawsuit was later dropped in February 2024.
Ownership of the Texans was transferred to her son Cal McNair on March 26, 2024.

Philanthropy

In 1989, Janice and Bob McNair established the Robert and Janice McNair Educational Foundation, which has awarded approximately $2.6 million in financial aid to date.
She made a $5 million donation to Pro Vision Inc. in August 2019, reported to be the largest donation ever made by an NFL owner.
During the COVID-19 pandemic, she donated $1 million to the Houston Rent Relief fund to assist apartment residents facing eviction.

Janice McNair's Wealth is Equivalent to:

4,712,086 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,158,184 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

62,558 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Janice McNair?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Janice McNair's net worth of $6.12B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Janice McNair is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Janice McNair, Energy and Sports are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey