By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Financial Slot
  • Home
  • Net Worth
  • Business
  • Save
  • Insurance
  • Wealth
  • Investment
  • Cryptocurrency
  • Loans
Reading: Jeffrey Hildebrand Net Worth & Biography
Share
Aa
Financial Slot
Aa
  • Home
  • Net Worth
  • Business
  • Save
  • Insurance
  • Wealth
  • Investment
  • Cryptocurrency
  • Loans
Search
  • Categories
    • Technology
    • Entertainment
    • Travel
    • Fashion
    • Business
    • Politics
    • Science
    • Health
  • Bookmarks
  • More Foxiz
    • Sitemap
Follow US
  • Blog
  • Advertise
© 2022 Financialslot.com. All Rights Reserved.
Financial Slot > Blog > Net Worth > Jeffrey Hildebrand Net Worth & Biography
Net Worth

Jeffrey Hildebrand Net Worth & Biography

som
som November 30, 2021
Updated 2021/12/07 at 9:44 AM
Share
7 Min Read
Jeffrey Hildebrand Biography
SHARE

Jeffrey Hildebrand Net Worth & Biography

Popular Name: Jeffrey Hildebrand
Real Name: Jeffrey Hildebrand
Birth Date: 1959
Birth Place:
United States
Age: 62
Gender: Male
Nationality/Citizenship: American
Height: N/A
Weight: N/A
Sexuality: Straight
Marital Status: Married
Spouse(s):
Mindy Hildebrand
Children: 3
Profession: Businessman, Investor, Entrepreneur
Years active: N/A
Net Worth: $5.7 Billion
Last Updated: 2021

 

American businessman and entrepreneur Jeffrey Hildebrand founded Hilcorp in 1989 with two business partners, after a stint at Exxon. Like many oil patch start-ups, his company, Hilcorp grew by acquiring proven fields that bigger and established competitors considered too small. Using advanced technology, Hilcorp boosted well production, and has since become popular for sharing its success: in 2011 each of the company’s 699 employees received a bonus of $50,000 toward a new car in a scheme that was designed to reward company staff for doubling the production rate, company’s value, and reserves over five years. These double again by 2015, and each employee received bonuses of $100,000.

Contents
Jeffrey Hildebrand Net Worth & Biography Early Life: Childhood, Education Professional Life: Entrepreneurial CareerPhilanthropyPersonal Life: Wife, Children, Private InterestsJeffrey Hildebrand Net Worth: Salary, Income Sources, Assets

An early shareholder of the Eagle Ford Shale, Mr. Hildebrand sold his interests to Marathon Oil in 2011 for $1.4 billion (more than ten times his initial investment) and has plowed the profits into other shale plays, such as the offshore fields of Cook Inlet, Alaska, as well as the Utica, in Ohio. This couldn’t have come at a more convenient time for Cook Inlet. After production decreased under previous owners, services in southern Alaska feared having to close down in the dead of winter. But Hilcorp is boosting output as usual and has so far provided enough gas to keep those companies and their various plants running through the next couple of years. Mr. Hildebrand and his wife, Mindy, are known to be regulars on Houston’s social circuit and have donated to the Contemporary Arts Museum and the Houston Zoo.

 Early Life: Childhood, Education

Hilcorp Energy Company’s founder, chief executive officer, and chairman, Jeffery Hildebrand, was born in the United States in 1959.

- Advertisement -

In 1981, he received a bachelor’s degree in geology from the University of Texas at Austin. He later revisited the same institution for a master’s degree in petroleum engineering in 1985.

Mr. Hildebrand is also recognized as a distinguished engineering graduate of the Cockrell School of Engineering at the University of Texas at Austin.

 Professional Life: Entrepreneurial Career

After completing his education, Jeffery Hildebrand worked for several companies including the American Energy Capital Corporation, Exxon Company, and the Dan A. Hughes Company, until he started his own company with two business partners in 1990. His company, Hilcorp Energy Company, is an oil and gas exploration and production company. He bought out his partners for $500 million in 2003.

For three consecutive years in 2013, 2014, and 2015, Fortune Magazine ranked Jeffery’s Hilcorp Energy Company among the “100 Best Companies to Work For”. After giving all his 699 employees a bonus of $50,000 each in 2011, he repeated the gesture in December 2015 by giving all 1,380 employees a Christmas bonus of $100,000.

Jeffrey Hildebrand is also busy with lots of other meaningful activities outside of his roles at his oil company. He is a member of the Louisiana Independent Oil & Gas Association, the Texas Independent Petroleum Royalty Owners Association, the Houston Geological Society, the Society of Petroleum Engineers, the American Association of Petroleum Geologists, the Houston Energy Finance Group, the Independent Petroleum Association of America, the National Petroleum Council, the All American Wildcatters, and the Engineering Advisory Board at the University of Texas at Austin.

Jeffrey Hildebrand Net Worth
Hilcorp Energy Company Founder, Jeffrey Hildebrand

Philanthropy

Mr. Hildebrand enjoys making charitable contributions as well as supporting various humanitarian causes in his local community. He was a major funder of the Texas A&M’s Hildebrand Equine Complex and has made charitable contributions to the Contemporary Arts Museum Houston and the Houston Zoo.

In November 2017, he donated the sum of $25 million to the University of Texas at Austin’s Department of Petroleum and Geosystems Engineering. In recognition of his selfless contribution, the university decided to name the department the “Hildebrand Department of Petroleum and Geosystems Engineering”.

Amid the COVID-19 pandemic, Governor Greg Abbott, in April 2020, named Jeffrey Hildebrand to the Strike Force to Open Texas – a group responsible for finding safe and effective ways to reopen the state amid the pandemic.

Personal Life: Wife, Children, Private Interests

Mr. Hildebrand is married. He is a proud father of three children.

He resides in Houston, Texas with his family and plays polo as one of his leisure activities.

Jeffrey Hildebrand Net Worth: Salary, Income Sources, Assets

Jeffrey Hildebrand has a net worth of $5.7 billion dollars. A resident of Houston, Texas, this American billionaire businessman is considered as one of the richest people in Texas. He started making his money as soon as he completed his education at the University of Texas at Austin by working for several companies and organizations including the American Energy Capital Corporation, Exxon Company, and the Dan A. Hughes Company, until he started his own company in 1990. His company, Hilcorp Energy Company, is an oil and gas exploration and production company. It has grown exponentially over the years. He also owns many oil fields in Alaska and in Ohio.

Mr. Jeffrey Hildebrand’s net worth was pegged at $1.9 billion back in 2010. He doubled his hustle within the past decade and made numerous notable investments and paid more attention to the businesses he founded and manages, and his wealth has nearly tripled within this period. He is the 77th richest American citizen.

 

You Might Also Like

Kenny Troutt Net Worth: Biography, and Personal Life

Pat Sajak

Andrew Tate Business: How does Andrew Tate make money?

Zac Efron Biography & Net Worth

Bad Bunny Net Worth: 2022 Biography, Career and Assets

TAGGED: Jeffrey Hildebrand Biography, Jeffrey Hildebrand Net Worth

Sign Up For Daily Newsletter

Keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
som November 30, 2021
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
Previous Article Gayle Benson Biography Gayle Benson Net Worth & Biography
Next Article Financial Advice For College Students Financial Advice For College Students
1 Comment 1 Comment
  • Pingback: Nick Caporella Net Worth & Biography (2021) - Financial Slot

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

Latest News

5 Things To Consider When Starting Your First Retail Business In 2022
5 Things To Consider When Starting Your First Retail Business In 2022
Business August 12, 2022
Soft and hard credit checks
Soft and hard credit checks – What is the difference?
Credit August 12, 2022
Can bitcoin replace bank notes
Can bitcoin replace bank notes?
Cryptocurrency August 11, 2022
Four ways in which bitcoin can benefit your firm!
Four ways in which bitcoin can benefit your firm!
Cryptocurrency August 11, 2022

You Might also Like

Kenny Troutt Net Worth: Biography, and Personal Life
Biography

Kenny Troutt Net Worth: Biography, and Personal Life

August 11, 2022
pat sajak
BiographyNet Worth

Pat Sajak

August 10, 2022
Andrew Tate Business
BusinessNet Worth

Andrew Tate Business: How does Andrew Tate make money?

August 9, 2022
Zac Efron Biography & Net Worth
BiographyNet Worth

Zac Efron Biography & Net Worth

August 5, 2022
//

We educate over 20 million users on personal finance, wealth and asset management through our network of finance blogs

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Financial Slot
Follow US

© 2022 Financialslot.com. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?