Who are Nancy and Rich Kinder? From net worth to big business - all about the couple who pledged 95% of their fortune to charity
Houston billionaires Nancy and Rich Kinder have been in the spotlight since they announced they were giving away most of their money to charity. The couple has pledged to donate 95% of their fortune to local causes, including parks, education and the arts, Nancy and Rich Kinder, who is the co-founder and executive chairman of Kinder Morgan – one of the largest energy infrastructure companies in North America, confirmed in an interview with Melanie Lawson of ABC13 Houston that they have decided to donate almost the entire $10 billion of their billion dollars to donate nearly 10 billion dollars. well-being of the city that made them who they are. Notably, Kinder Morgan is the largest independent terminal operator in North America. Rich Kinder suggests that one’s goal should always be to leave the world “a little better” than they found it, “Whatever wealth you accumulate is really the result of many other people helping you along the way.” Die Kinders has contributed to several welfare campaigns in the past, including Rice University, the Museum of Fine Arts Houston, Texas Children’s Hospital and The Giving Pledge — the campaign started in 2010 by Bill Gates, Melinda French Gates and Warren Buffett. plan. Nancy and Rich Kinder net worth According to the Houston Chronicle, Nancy and Rich Kinder have an estimated net worth of $11.2 billion. Meanwhile, the real-time net worth tracker maintained by Forbes magazine estimates the net worth of one of the richest couples in the country at about $11.3 billion. What is Kinder Foundation? Founded in 1997 by Rich and Nancy Kinder, this organization is to “provide major gifts to public causes with the goal of helping people achieve healthy and rewarding lives,” according to the website. This foundation focuses primarily on projects and programs that improve urban green space, education and quality of life in the Houston area and directs its funds to achieve these goals. Rich Kinder, who is the Chairman of the Foundation, has played an integral role in establishing the Museum of Fine Arts Houston, Kinder Institute on Constitutional Democracy, Kinder Institute for Urban Research at Rice University, and Kinder Children Cancer’s Center and several other institutions aimed at helping the city that made them who they are.