Early Life
Farris Cullen Wilks was born on February 9, 1952, in Cisco, Texas. He grew up in a modest background, with his family initially residing in a former goat shed. His father worked as a bricklayer.
Rise to Success
Farris and his brother, Dan, began their careers in the construction industry, founding Wilks Masonry in 1995. This company laid the foundation for their future success. The Wilks brothers then ventured into the energy sector, founding Frac Tech in 2002. The company became a major player in hydraulic fracturing. In 2011, they sold their interest in Frac Tech for a substantial $3.5 billion.
Key Business Strategies
The Wilks brothers' success stems from their early recognition of opportunities in the natural gas industry. They strategically invested in hydraulic fracturing, a technique that revolutionized energy production. They have shown an ability to identify and capitalize on emerging trends within the energy market. After selling Frac Tech, the brothers continued to invest in the oil-field services sector.
Philanthropy
Farris Wilks has been involved in various philanthropic efforts, particularly in support of conservative causes. He and his brother have donated millions of dollars to conservative Christian groups and political campaigns. Farris Wilks donated about $3 million to WallBuilders. He is also a donor to "Texans United for a Conservative Majority", Empower Texans, the Heritage Foundation and Focus on the Family.
