⬅ # 392 David Bonderman|# 394 Forrest Li ➡

# 393 Jeffery Hildebrand 

$7.43B

Real Time Net Worth
as of 11/21/2024

# 393 Jeffery Hildebrand 

$7.43B

Real Time Net Worth
as of 11/21/2024
OccupationFounder, Chair, and CEO of Hilcorp Energy Company
Source of WealthOil & Gas
Age65
ResidenceHouston, Texas
Marital StatusMarried
Children3
EducationBS, The University of Texas at Austin; MS, The University of Texas at Austin
Age-Adjusted Net Worth$5.30B
Jeffery Hildebrand
Jeffery Hildebrand
United States
Net worth: $7.43B

Self-Made Score 

Longines Heritage Flagship Automatic Silver Dial Brown Leather Men's Watch

Wealth History

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Biography

Personal Info

Jeffery Hildebrand was born in Texas in 1959 to a veterinarian father.
He earned a bachelor's degree in geology from the University of Texas at Austin in 1981 and a master's degree in petroleum engineering from the same university in 1985.
Hildebrand briefly worked at Exxon as a geologist before venturing into entrepreneurship.

Career

Hildebrand co-founded Hilcorp in 1990 and later bought out his partner for $500 million in 2003.
Under his leadership, Hilcorp became America's largest privately-owned oil company in terms of production volumes.
In 2020, Hilcorp finalized the $5.6 billion acquisition of BP's assets in Alaska.
In 2015, he gave each of his 1,400 employees a $100,000 bonus after doubling the company's size in five years.
Hilcorp has been ranked on Fortune Magazine's 100 Best Companies to Work For list multiple times.

Memberships and Affiliations

Hildebrand is associated with various organizations including the All American Wildcatters, National Petroleum Council, and Society of Petroleum Engineers.
He served on the Strike Force to Open Texas in 2020 amid the COVID-19 pandemic.
He is a member of the Society of Petroleum Engineers, American Association of Petroleum Geologists, and National Petroleum Council.

Philanthropy and Political Contributions

Hildebrand has made significant charitable contributions to institutions like the Houston Zoo, Contemporary Arts Museum Houston, and Texas A&M's Hildebrand Equine Complex.
In 2017, he donated $25 million to the Department of Petroleum and Geosystems Engineering at the University of Texas at Austin.
He has contributed politically, donating $50,000 to Rick Perry's gubernatorial campaign.
As a devout Catholic, Hildebrand emphasizes the biblical principle 'To whom much is given, much will be required.'

Personal Life

Jeffery Hildebrand is married, a father of three, and resides in Houston, Texas.
He and his wife are practicing Catholics.
Apart from his professional endeavors, Hildebrand enjoys playing polo.

Jeffery Hildebrand's Wealth is Equivalent to:

5,719,015 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,405,676 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

75,926 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Jeffery Hildebrand?

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 Jeffery Hildebrand's net worth of $7.43B.

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

Jeffery Hildebrand 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 Jeffery Hildebrand, Oil & Gas is the primary source. 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