Billionaire Profile
Kelcy Warren
Global Rank
#435

Image: Racsoagrafal | CC BY-SA 4.0 | via Wikimedia Commons

Kelcy Warren

CEO, Pipelines
UNITED STATES
Real-Time Net Worth
$8.223B
Estimated based on Pipelines stock value as of June 5, 2026
-0.84% (24h)
Age
70
Source
Pipelines
Industry
Energy
Citizenship
UNITED STATES

Biography

Kelcy Lee Warren is an American billionaire businessman, and the Executive Chairman of Energy Transfer LP, a major player in the energy sector. Born in Gladewater, Texas, Warren earned a degree in civil engineering from the University of Texas at Arlington. His career began in the energy industry, leading to the co-founding of Energy Transfer in 1996. Under his leadership, Energy Transfer has grown into one of the largest pipeline companies in the U.S. with a significant net worth. Warren is also recognized for his philanthropic efforts, including contributions to education and community development. As of 2024, his net worth is estimated at $7.9 billion.

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Live Data
Updated 6/5/2026
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Wealth Over Time

Career Milestones

  1. 1

    Co-founded Energy Transfer

    Co-founded Energy Transfer as a small intrastate natural gas pipeline operator.

  2. 2

    Combination of ETP and Heritage Propane

    Co-founded the entities that acquired and operated the midstream natural gas pipelines.

  3. 3

    Appointed to the UT System Board of Regents

    Appointed by Governor Greg Abbott to the University of Texas System Board of Regents.

  4. 4

    Stepped down as CEO of Energy Transfer

    Remains Executive Chairman of the Board of Directors of Energy Transfer LP.

Net Worth History

YearNet Worth
2026$8.223B
2025$7.8B
2024$7.9B

Philanthropy

Klyde Warren Park

$$10M
Community Development

Donated to build a park in downtown Dallas.

University of Texas at Arlington

$$12M
Education

Largest single donation in UT Arlington history, for resource and energy engineering program.

Cherokee Music Festival

$Unknown
Children's Charities

Hosts this non-profit event to raise money for children's charities

Controversies & Legal

2017

Dakota Access Pipeline

Energy Transfer finished building the Dakota Access Pipeline despite protests.

In-Depth Profile

Early Life

Kelcy Lee Warren was born on November 9, 1955, in Gladewater, Texas. He grew up in White Oak, Texas, as the youngest of four sons. His father worked for Sun Pipeline, a company now owned by Warren. He attended White Oak High School and later received a bachelor's degree in civil engineering from the University of Texas at Arlington in 1978.

Rise to Success

Warren co-founded Energy Transfer in 1996, starting with a small intrastate natural gas pipeline operator. He served as the CEO until 2020 and currently holds the position of Executive Chairman. Energy Transfer has grown to become one of the largest energy companies in the U.S., with approximately 130,000 miles of pipelines.

Key Business Strategies

Under Warren's leadership, Energy Transfer expanded through strategic acquisitions and infrastructure development. The company's core business operations include the gathering, treating, processing, and transporting of natural gas, natural gas liquids, refined products, and crude oil.

Philanthropy

Warren has been recognized for his philanthropic efforts. In 2012, he donated $10 million to build Klyde Warren Park in Dallas, named after his son. In 2023, he made a $12 million donation to the University of Texas at Arlington, the largest single philanthropic investment in the university's history, to support resource and energy engineering.

Career Milestones

1996

Co-founded Energy Transfer

Co-founded Energy Transfer as a small intrastate natural gas pipeline operator.

2004

Combination of ETP and Heritage Propane

Co-founded the entities that acquired and operated the midstream natural gas pipelines.

2019

Appointed to the UT System Board of Regents

Appointed by Governor Greg Abbott to the University of Texas System Board of Regents.

2020

Stepped down as CEO of Energy Transfer

Remains Executive Chairman of the Board of Directors of Energy Transfer LP.

Philanthropy & Social Impact

Community Development

Klyde Warren Park

$10M

Donated to build a park in downtown Dallas.

Education

University of Texas at Arlington

$12M

Largest single donation in UT Arlington history, for resource and energy engineering program.

Children's Charities

Cherokee Music Festival

Unknown

Hosts this non-profit event to raise money for children's charities

Controversies & Challenges

2017

Dakota Access Pipeline

Energy Transfer finished building the Dakota Access Pipeline despite protests.