Contact Us
Make My Homepage

The 1,468th Richest Person in the World Lives in El Paso

Thinkstock/Brian Wancho
Thinkstock/Brian Wancho

Did you know a billionaire lives right here in El Paso?

You’ve probably heard of him. And if you haven’t then you’ve probably shopped or dined in one of his establishments or cheered for his baseball team on a hot summer night.

He’s Paul Foster. And he’s one of the richest people on the entire planet. Forbes magazine’s annual list of the world’s billionaires ranks the 59-year-old El Paso businessman as the 1,468th-richest person in the world with an estimated net worth of $1.4 billion.

Stateside, his 2017 net worth makes him the 463rd wealthiest person in the United States, and in Texas there are only 42 other people with more money than him.

Federal Reserve Bank
Federal Reserve Bank

Foster, who was raised in Lovington, New Mexico, but calls El Paso home, is the Chairman of Western Refining, and a partner in Mountain Star Sports Group, which owns the El Paso Chihuahuas. He’s also a partner in numerous real estate ventures around town, including The Fountains at Farah.

It’s pretty cool that he chooses to live here. Even cooler that he’s invested so much of his personal fortune in his adopted hometown and donated a big chunk of it as well, including a reported $50 million to Texas Tech’s El Paso medical school.

Foster first made the Forbes billionaires list in 2008 when his net worth reached $1 billion. His net worth has remained pretty steady since then, peaking at 1.5 billion in 2015.

Best of 93.1 KISS FM

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for VIP quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive VIP contests, events, coupons, presales, and much more delivered to you for FREE.