Richard Kinder
shares
tweets

Richard Kinder

Net Worth
$8.2 B As of March 2012
At a Glance
  • Age: 67
  • Source of Wealth: Pipelines, Self-made
  • Residence: Houston, TX
  • Country of Citizenship: United States
  • Education: Bachelor of Arts / Science, University of Missouri; Doctor of Jurisprudence, University of Missouri
  • Marital Status: Married
  • Children: 1
Forbes Lists
Profile

In 2011, Kinder's pipeline company, Kinder Morgan, agreed to acquire El Paso Corp. for $38 billion in cash, stock and assumed debt. The combined company will boast some 80,000 miles of pipelines. Kinder's bet is that the booming growth of shale plays will generate massive new volumes of oil and gas for his pipelines to bring to market. Kinder's personal fortune has benefited already from a run-up in shares. A former Army captain, Kinder quit as Enron president in 1996 and built a pipeline company with friend William Morgan. He earned both bachelor and law degrees from the University of Missouri. [...] more

Latest News
Key Connections
People
Companies
Places
Market Update
Largest public holding
Passions
Political Contributions
18350.0,40350.0,45100.0
Democrats
$18,350
Republicans
$40,350
Independent
$45,100
Total $103,800
Recent Contributions
LEVIN FOR CONGRESS
$1,000
BILL WHITE FOR TEXAS
$2,400
BILL WHITE FOR TEXAS
$2,400
CHET EDWARDS FOR CONGRESS
$2,400
BILL WHITE FOR TEXAS
$2,400
BILL WHITE FOR TEXAS
$2,400
2007-2010, Federal Elections Comission
The data in this section is provided by Morningstar and is based on federal disclosure filings. Figures here may differ from Forbes estimates that take into account more recent changes.
Kinder Morgan Management LLC
Compensation for 2011
Salary $1
Bonus $0
Restricted stock awards $0
All other compensation $0
Option awards $0
Non-equity incentive plan compensation $0
Change in pension value and nonqualified deferred compensation earnings $0
Total Compensation $1
Stock Ownership for 2011
Number of shares owned 248,775
Kinder Morgan, Inc.
Compensation for 2011
Salary $1
Bonus $0
Restricted stock awards $0
All other compensation $0
Option awards $0
Non-equity incentive plan compensation $0
Change in pension value and nonqualified deferred compensation earnings $0
Total Compensation $1
Shares acquired on exercise 1,654,302
Stock Ownership for 2012
Number of shares owned 21,702,164
Kinder Morgan Energy Partners LP
Compensation for 2011
Salary $1
Bonus $0
Restricted stock awards $0
All other compensation $0
Option awards $0
Non-equity incentive plan compensation $0
Change in pension value and nonqualified deferred compensation earnings $0
Total Compensation $1
Baker Hughes Inc.
Stock Ownership for 2004
Number of shares owned 10,591
Financial data provided by