The late 1980s-era gas pipeline business Kelcy Warren built was the source of his wealth. He has a net worth of $8.5 billion, making him one of the top 10 wealthiest people in the country. Major firms, including Exxon Mobil, Chevron Corporation, and Conoco Phillips, have chosen his company, Energy Transfer Partners, to operate its gas pipelines across North America. They also have locations in Canada, Brazil, Australia, and Europe, among other nations and continents.
Kelcy Warren was a forerunner in business and industry. The network of pipelines from the Bakken Shale oilfield in North Dakota to the Gulf Oil pipelines in Texas was co-founded by him. Additionally, he established the Oklahoma Gas and Electric Company in 1913, which later grew into the enormous Oklahoma Corporation Commission, one of the biggest natural gas pipeline businesses in the United States.
Before growing internationally, Kelcy Warren established numerous domestic companies. In the 1980s, he founded a software company that produced intelligent computer chips and now employs more than 200 people around the country. According to his son Wesley Warren Jr.’s article published in The Daily Oklahoman in August 1994, Kelcy was among the first to become enamored with computer chips and their power.
According to a report in The Daily Oklahoman, he was recognized as one of Oklahoma’s most promising young leaders in 1994 by the Oklahoma Center for Community and Justice. That same year, he had a net worth of about $1 billion.
The American Iron & Steel Institute, recognized by Forbes Magazine as the most influential trade association for American CEOs of iron and steel companies, was founded by Kelcy Warren. The organization was also said to be actively involved in lobbying against environmental protection legislation that was brought up against his pipelines across America, according to The Wall Street Journal. Refer to this article for additional information.
More about Warren on https://horatioalger.org/members/member-detail/kelcy-l-warren