Billionaire Profile
Richard Kinder
Global Rank
#247

Image: PhilipRomanoPhoto | CC BY 4.0 | via Wikimedia Commons

Richard Kinder

CEO, Pipelines
UNITED STATES
Real-Time Net Worth
$12.664B
Estimated based on Pipelines stock value as of April 20, 2026
0% (24h)
Age
81
Source
Pipelines
Industry
Energy
Citizenship
UNITED STATES

Biography

Richard Kinder, born in 1944, is an American businessman and the co-founder and executive chairman of Kinder Morgan, one of North America's largest energy infrastructure companies. With a net worth of $13.1 billion, his wealth source is primarily pipelines. Kinder's career began in the energy sector as an attorney before rising to President and COO of Enron. He left Enron to co-found Kinder Morgan in 1997, which became a leading force in the industry through strategic acquisitions and operational efficiency. His achievements include building a vast network of pipelines and terminals, and his leadership in the energy infrastructure space. Kinder is also known for his philanthropic efforts through the Kinder Foundation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Richard D. Kinder was born on October 19, 1944, in Cape Girardeau, Missouri. He received a Bachelor of Arts and a Juris Doctor degree from the University of Missouri. During his time in college, he was a member of the Sigma Nu fraternity.

Rise to Success

Kinder's career in the energy business began as an attorney with Florida Gas Transmission, which later became Enron Corporation. He became president and COO of Enron from 1990 to 1996. In 1997, he co-founded Kinder Morgan with William V. Morgan, purchasing Enron Liquids Pipeline for $40 million. Through strategic acquisitions, Kinder Morgan grew to become the largest midstream energy company in North America, operating approximately 83,000 miles of pipelines.

Key Business Strategies

Key business strategies included strategic acquisitions, such as the merger with KN Energy and the purchase of El Paso Corporation. Kinder focused on operational efficiency and a lean corporate structure. He also pioneered the use of the master limited partnership (MLP) structure for growth. Kinder stepped down as CEO of Kinder Morgan in 2015, but continues to serve as Executive Chairman.

Philanthropy

Richard Kinder and his wife, Nancy, established the Kinder Foundation in 1997. The foundation supports education, urban green space, and quality-of-life initiatives in Houston, Texas. In 2025, they pledged $150 million to create the Kinder Children's Cancer Center at Texas Children's Hospital and MD Anderson. They have also donated millions to Rice University and the University of Missouri.

Career Milestones

1990

President and COO of Enron

Served as President and Chief Operating Officer of Enron Corporation.

1996

Co-founded Kinder Morgan

Resigned from Enron and co-founded Kinder Morgan with William V. Morgan.

2015

Stepped down as CEO of Kinder Morgan

Stepped down as CEO of Kinder Morgan.

Philanthropy & Social Impact

Healthcare

Kinder Children's Cancer Center

$150M

Pledged $150 million to Texas Children's Hospital and MD Anderson to create the Kinder Children's Cancer Center.

Education

Kinder Institute for Urban Research

$15M

Donated $15 million to Rice University to support and rename the Kinder Institute for Urban Research.

Education

Kinder Institute on Constitutional Democracy

$25M

Established the Kinder Institute on Constitutional Democracy at the University of Missouri with a $25 million grant.