Billionaire Profile
Trevor Rees-Jones
Global Rank
#696

Image: Archives New Zealand from New Zealand | CC BY-SA 2.0 | via Wikimedia Commons

Trevor Rees-Jones

CEO, Oil & gas
UNITED STATES
Real-Time Net Worth
$5.978B
Estimated based on Oil & gas stock value as of March 6, 2026
+0.06% (24h)
Age
74
Source
Oil & gas
Industry
Energy
Citizenship
UNITED STATES

Biography

Trevor Rees-Jones is a highly successful American entrepreneur and philanthropist. He is best known as the founder and chairman of Chief Oil & Gas. His journey began as a bankruptcy attorney before transitioning into the oil and gas industry, where he became a pioneer of the shale fracking boom. As of early 2026, his estimated net worth is $6.0 billion, a testament to his acumen in the energy sector. Beyond his business achievements, Rees-Jones is recognized for his philanthropic efforts, primarily through the Rees-Jones Foundation, supporting various causes including healthcare, education, and community development. This combination of business success and commitment to giving back has solidified his reputation as a prominent figure in both the business and philanthropic worlds.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Trevor D. Rees-Jones was born in 1951. He graduated from Dartmouth College with a Bachelor of Arts/Science and later earned a Doctor of Jurisprudence from Southern Methodist University's Dedman School of Law.

Rise to Success

Rees-Jones began his career as a bankruptcy attorney in Dallas. In 1984, he transitioned into the oil and gas industry and started Chief Oil & Gas in 1994. Under his leadership, Chief Oil & Gas became a major player in the Barnett Shale and Marcellus Shale, contributing significantly to the U.S. shale boom.

Key Business Strategies

Rees-Jones is known for his strategic approach, which includes identifying opportunities in emerging markets and making timely sales. He sold several deals over seven years for $7 billion. His ability to adapt and capitalize on market trends has been key to his success. His expertise in the industry led to a $2.65 billion deal with Chesapeake Energy.

Philanthropy

Rees-Jones and his wife, Jan, established the Rees-Jones Foundation in 2006. The foundation supports various initiatives in North Texas, Africa, and India, focusing on improving the quality of life for disadvantaged children, youth, and families. Their giving includes support for medical research and education. The Rees-Jones Foundation has made significant donations to UT Southwestern since 2016, aiding programs aimed at identifying and addressing mental health issues in youth. The foundation also supports initiatives focused on child welfare, healthcare, and community development.

Career Milestones

1994

Founded Chief Oil & Gas

Established Chief Oil & Gas, which became a major player in the shale industry.

2006

Founded the Rees-Jones Foundation

Established a private foundation to support charitable causes.

2022

Sold a chunk of Chief Oil & Gas

Sold a portion of his producing assets for roughly $2.6 billion.

Philanthropy & Social Impact

General Philanthropy

Rees-Jones Foundation

$741M

Supports various initiatives in North Texas, Africa, and India, focusing on improving the quality of life.

Healthcare

UT Southwestern Medical Center

$100M

Donation to the UT Southwestern Medical Center.

Business Philosophy & Leadership

Notable Quotes

""I don't blame them, but I don't tell them the information they want. They don't have any idea what I'm worth." "

""I saved the best for last.”"

Leadership Principles

Persistence

Rees-Jones believes in persevering through challenges and failures.

Contrarian approach

Being contrarian when others are complacent.