Jeffery Hildebrand: Difference between revisions
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{{short description|American billionaire businessman (born 1959)}} |
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{{Infobox person |
{{Infobox person |
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| name = Jeffery Hildebrand |
| name = Jeffery Hildebrand |
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| image = Jeffery_Hildebrand.jpg |
| image = Jeffery_Hildebrand.jpg |
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| image_size = 200 |
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| caption = |
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| birth_name = |
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| birth_date = {{birth year and age|1959}} |
| birth_date = {{birth year and age|1959}} |
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| birth_place = |
| birth_place = Texas, United States |
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| death_date = |
| death_date = |
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| death_place = |
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| nationality = American |
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| residence = [[Houston]], [[Texas]], U.S. |
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| education = |
| education = |
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| alma mater = [[University of Texas at Austin]] |
| alma mater = [[University of Texas at Austin]] (B.S., M.S.) |
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| occupation = Founder, chairman and CEO, [[Hilcorp Energy Company]] |
| occupation = Founder, chairman and CEO, [[Hilcorp|Hilcorp Energy Company]] |
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| salary = |
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| networth = [[United States dollar|US$]]4.1 billion (January 2020) |
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'''Jeffery Hildebrand''' (born 1959) is an American billionaire businessman |
'''Jeffery Hildebrand''' (born 1959) is an American billionaire businessman. He is the founder, chairman, and [[chief executive officer]] (CEO) of [[Hilcorp|Hilcorp Energy Company]].<ref name="hilcorp">{{cite web|url=http://www.hilcorp.com/Files%5C2011%20JDH%20bio.pdf|title=Hilcorp biography|accessdate=20 November 2017|url-status=dead|archiveurl=https://web.archive.org/web/20111026050131/http://hilcorp.com/Files/2011%20JDH%20bio.pdf|archivedate=26 October 2011}}</ref> |
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==Education== |
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Jeffery Hildebrand was born in Texas in 1959. His father was a veterinarian.<ref name="WSJ">{{cite web | last=Morenne | first=Benoît | title=How a Houston Oilman Confounded Climate Activists and Made Billions | work=[[The Wall Street Journal]] | date=2023-07-11 | url=https://www.wsj.com/articles/wealthiest-oilman-houston-hildebrand-climate-activism-32bb8aec | access-date=2023-07-27}}</ref> |
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⚫ | Hildebrand received a bachelor's degree in geology from the [[University of Texas at Austin]] in 1981. After working briefly at Exxon as a geologist,<ref name="WSJ"/> he obtained a master's degree in petroleum engineering in 1985 from the same university.<ref name="hilcorp"/><ref name="forbes2011">{{cite web|url=https://www.forbes.com/profile/jeffrey-hildebrand/|title=Jeffery Hildebrand|website=[[Forbes]] |publisher=|accessdate=20 November 2017}}</ref> He is also recognized as a distinguished engineering graduate of the [[University of Texas at Austin]]'s [[Cockrell School of Engineering]].<ref name="Chron"/> |
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==Career== |
==Career== |
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Hildebrand worked for the American Energy Capital Corporation, the Dan A. Hughes Company, and [[Exxon Company]], until he founded Hilcorp Energy Company, an oil and gas exploration and production company.<ref name="hilcorp"/><ref>{{cite web|last1=Pulsinelli|first1=Olivia|title=Houston energy company gives out $100,000 bonuses to all employees|url=http://www.bizjournals.com/houston/morning_call/2015/11/houston-energy-company-gives-out-100-000-bonuses.html|website=bizjournals.com/houston|publisher=Houston Business Journal|accessdate=11 December 2015}}</ref> His company has been ranked on [[Fortune Magazine]]'s 100 Best Companies to Work For list in 2013, 2014 and 2015. In December 2015, his company gave all 1,380 employees a $100,000 Christmas bonus.<ref>{{cite web|title=Company gives all employees $100K Christmas bonus|url=http://www.ktvu.com/news/56626557-story|website=Ktvu.com|publisher=KTVU|accessdate=11 December 2015|archive-url=https://web.archive.org/web/20151211172422/http://www.ktvu.com/news/56626557-story|archive-date=11 December 2015|url-status=dead}}</ref><ref>{{cite web|last1=Mathews|first1=Chris|title=This Company Gave Every One of Its Employees a $100k Christmas Bonus|url=http://fortune.com/2015/12/11/100k-christmas-bonus/|website=fortune.com|publisher=Fortune Magazine|accessdate=11 December 2015}}</ref> |
Hildebrand worked for the American Energy Capital Corporation, the Dan A. Hughes Company, and [[Exxon Company]], until he founded Hilcorp Energy Company, an oil and gas exploration and production company.<ref name="hilcorp"/><ref>{{cite web|last1=Pulsinelli|first1=Olivia|title=Houston energy company gives out $100,000 bonuses to all employees|url=http://www.bizjournals.com/houston/morning_call/2015/11/houston-energy-company-gives-out-100-000-bonuses.html|website=bizjournals.com/houston|publisher=Houston Business Journal|accessdate=11 December 2015}}</ref> He co-founded Hilcorp in 1990 and later bought out his partner for $500 million in 2003.<ref name="Forbes">{{cite web|title=Jeffery Hildebrand|website=Forbes|date=2019-08-14|url=https://www.forbes.com/profile/jeffery-hildebrand/|access-date=2021-10-18}}</ref> His company has been ranked on [[Fortune Magazine]]'s 100 Best Companies to Work For list in 2013, 2014 and 2015. In December 2015, his company gave all 1,380 employees a $100,000 Christmas bonus.<ref>{{cite web|title=Company gives all employees $100K Christmas bonus|url=http://www.ktvu.com/news/56626557-story|website=Ktvu.com|publisher=KTVU|accessdate=11 December 2015|archive-url=https://web.archive.org/web/20151211172422/http://www.ktvu.com/news/56626557-story|archive-date=11 December 2015|url-status=dead}}</ref><ref>{{cite web|last1=Mathews|first1=Chris|title=This Company Gave Every One of Its Employees a $100k Christmas Bonus|url=http://fortune.com/2015/12/11/100k-christmas-bonus/|website=fortune.com|publisher=Fortune Magazine|accessdate=11 December 2015}}</ref> Hilcorp has the highest greenhouse gas emissions of any U.S. oil and gas company.<ref>{{Cite web |last=Clifford |first=Catherine |date=2022-07-14 |title=Hilcorp Energy, Exxon Mobil and ConocoPhillips release the most greenhouse gasses among U.S. oil and gas companies |url=https://www.cnbc.com/2022/07/14/hilcorp-exxon-mobil-conocophillips-are-top-greenhouse-gas-emitters.html |access-date=2024-10-30 |website=CNBC |language=en}}</ref> |
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Hildebrand is a member of the All American Wildcatters, the [[National Petroleum Council (US)|National Petroleum Council]], the Engineering Advisory Board at University of Texas at Austin, the [[Independent Petroleum Association of America]], the Houston Energy Finance Group, the American Association of Petroleum Geologists, the Society of Petroleum Engineers, the Houston Geological Society, the Texas Independent Petroleum Royalty Owners Association, and the Louisiana Independent Oil and Gas Association.<ref name="hilcorp"/> |
Hildebrand is a member of the All American Wildcatters, the [[National Petroleum Council (US)|National Petroleum Council]], the Engineering Advisory Board at University of Texas at Austin, the [[Independent Petroleum Association of America]], the Houston Energy Finance Group, the American Association of Petroleum Geologists, the Society of Petroleum Engineers, the Houston Geological Society, the Texas Independent Petroleum Royalty Owners Association, and the Louisiana Independent Oil and Gas Association.<ref name="hilcorp"/> |
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Hildebrand is worth US$ |
According to Forbes, Hildebrand is worth US$10.2 billion as of July 2023.<ref>{{Cite web |title=Jeffery Hildebrand |url=https://www.forbes.com/profile/jeffery-hildebrand/ |access-date=2023-07-11 |website=Forbes |language=en}}</ref><ref name="forbes2011"/><ref name="forbes">{{cite news|title=The Richest People In America: #59Jeffrey Hildebrand |url=https://www.forbes.com/forbes-400/gallery/jeffrey-hildebrand |accessdate=August 22, 2016 |work=Forbes |date=2013 |url-status=bot: unknown |archiveurl=https://archive.today/20130123124839/http://www.forbes.com/forbes-400/gallery/jeffrey-hildebrand |archivedate=January 23, 2013 }}</ref><ref name="feser">Catherine Feser, 'Houston has a dozen on Forbes' richest Americans list', in ''[[Houston Chronicle]]'', September 23, 2011 [http://www.chron.com/business/article/Houston-has-a-dozen-on-Forbes-richest-Americans-2182150.php]</ref> He is the 77th richest American citizen.<ref name="forbes"/> He was worth $1.9 billion in 2010.<ref name="feser"/> His success has been attributed to his ability to recognize other companies’ underperforming assets and subsequently re-managing them.<ref name="WSJ"/> |
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In April 2020, Governor [[Greg Abbott]] named Hildebrand to the Strike Force to Open Texas – a group "tasked with finding safe and effective ways to slowly reopen the state" amid the [[COVID-19 pandemic]].<ref>{{Cite web|url=https://www.khou.com/article/news/health/coronavirus/gov-abbott-introduces-strike-force-to-reopen-texas/285-b7a72787-706e-47f6-856d-0818909de8b9|title=These are the experts, leaders working with Gov. Abbott's strike force to reopen Texas|website=khou.com|language=en-US|access-date=2020-04-21}}</ref> |
In April 2020, Governor [[Greg Abbott]] named Hildebrand to the Strike Force to Open Texas – a group "tasked with finding safe and effective ways to slowly reopen the state" amid the [[COVID-19 pandemic]].<ref>{{Cite web|url=https://www.khou.com/article/news/health/coronavirus/gov-abbott-introduces-strike-force-to-reopen-texas/285-b7a72787-706e-47f6-856d-0818909de8b9|title=These are the experts, leaders working with Gov. Abbott's strike force to reopen Texas|website=khou.com|date=17 April 2020 |language=en-US|access-date=2020-04-21}}</ref> |
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In August 2023, Governor [[Greg Abbott]] appointed Hildebrand as Chair of the [[Texas Parks and Wildlife Department]] Commission, effective August 31, 2023.<ref>{{Cite web |title=News Release: Aug. 24, 2023: Governor Names Jeff Hildebrand as Chairman, Appoints William Doggett to TPW Commission |url=https://tpwd.texas.gov/newsmedia/releases/?req=20230824b |access-date=2024-03-04 |website=Texas Parks and Wildlife |language=en}}</ref> |
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==Memberships== |
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Hildebrand is a member of the following organizations.<ref name="Chron">{{cite web|title=Gov. Perry appoints Hildebrand, two others to University of Texas System Board of Regents|website=Chron|date=2016-09-28|url=https://www.chron.com/neighborhood/katy/news/article/Gov-Perry-appoints-Hildebrand-two-others-to-9337546.php|access-date=2021-10-18}}</ref> |
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*[[Society of Petroleum Engineers]] |
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*[[American Association of Petroleum Geologists]] |
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*[[National Petroleum Council (US)|National Petroleum Council]] |
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==Philanthropy and political contributions== |
==Philanthropy and political contributions== |
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Hildebrand has made charitable contributions to the [[Houston Zoo]] and the [[Contemporary Arts Museum Houston]].<ref>Todd Ackerman, 'Houston looks for new generation of top givers', in ''Houston Chronicle'', April 4, 2010 [http://www.chron.com/news/houston-texas/article/Houston-looks-for-new-generation-of-top-givers-1621207.php]</ref> He was a major donor to [[Texas A&M]]'s Hildebrand Equine Complex.<ref name="culturehoustonbillionaire">{{cite news|last1=Hodge|first1=Shelby|title=Billionaire UT board member with Aggie ties gives millions to new equestrian center|url=http://houston.culturemap.com/news/society/05-03-14-billionaire-ut-board-member-with-aggie-ties-gives-millions-to-new-equestrian-center/#slide=0|accessdate=August 22, 2016|work=CultureMap Houston|date=March 5, 2014}}</ref> |
Hildebrand has made charitable contributions to the [[Houston Zoo]] and the [[Contemporary Arts Museum Houston]].<ref>Todd Ackerman, 'Houston looks for new generation of top givers', in ''Houston Chronicle'', April 4, 2010 [http://www.chron.com/news/houston-texas/article/Houston-looks-for-new-generation-of-top-givers-1621207.php]</ref> He was a major donor to [[Texas A&M]]'s Hildebrand Equine Complex.<ref name="culturehoustonbillionaire">{{cite news|last1=Hodge|first1=Shelby|title=Billionaire UT board member with Aggie ties gives millions to new equestrian center|url=http://houston.culturemap.com/news/society/05-03-14-billionaire-ut-board-member-with-aggie-ties-gives-millions-to-new-equestrian-center/#slide=0|accessdate=August 22, 2016|work=CultureMap Houston|date=March 5, 2014}}</ref> |
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In November 2017, |
In November 2017, Hildebrand donated $25 million to the Department of Petroleum and Geosystems Engineering at the University of Texas at Austin. In recognition, the university plans to name the department the Hildebrand Department of Petroleum and Geosystems Engineering.<ref>{{cite web|url=https://news.utexas.edu/2017/11/07/hildebrand-department-established|title=Hildebrand Department of Petroleum and Geosystems Engineering Established With Gift from Family of Regent and Industry Leader|date=7 November 2017|publisher=|accessdate=20 November 2017}}</ref> |
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==Political contributions== |
==Political contributions== |
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Hildebrand donated $50,000 to [[Rick Perry]] |
Hildebrand donated $50,000 to [[Rick Perry]] during the [[2010 Texas gubernatorial election]].<ref>{{cite web |last1=Hoppe |first1=Christy |title=Documents show relatively few donors loaded Gov. Rick Perry's campaign 'Money Cannon' |url=https://www.dallasnews.com/news/politics/2010/02/26/documents-show-relatively-few-donors-loaded-gov-rick-perry-s-campaign-money-cannon/ |website=The Dallas Morning News |date=26 February 2010 |access-date=27 March 2024}}</ref> Together with his spouse, Hildebrand contributed $1.2{{nbsp}}million to [[Donald Trump]]'s [[Donald Trump 2020 presidential campaign|2020 presidential campaign]].<ref name="Trump 2020 donors">{{cite web |title=Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign |url=https://www.forbes.com/sites/michelatindera/2021/02/19/here-are-the-billionaires-who-donated-to-donald-trumps-2020-presidential-campaign/ |website=Forbes |accessdate=27 March 2024}}</ref> |
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A devout Catholic, Hildebrand has contributed millions of dollars to various Christian organizations, charities, and ministries. As a result, Hildebrand often references a favorite Bible verse, "To whom much is given, much will be required" ([[Luke 12]]:48).<ref name="WSJ"/> |
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==Personal life== |
==Personal life== |
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Hildebrand is married and has three children.<ref name="forbes2011"/> He |
Hildebrand is married and has three children.<ref name="forbes2011"/> He and his wife are both practicing Catholics.<ref name="WSJ"/> Hildebrand and his family live in [[Houston, Texas]].<ref name="forbes"/> He also plays [[polo]].<ref name="therockymountainwebbe">{{cite news|last1=Webbe|first1=Alex|title=The Rocky Mountain Open has deep Colorado roots|url=http://polozone.com/blog/the-rocky-mountain-open-has-deep-colorado-roots/|accessdate=August 22, 2016|work=Polozone.com|date=August 18, 2016}}</ref> |
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==References== |
==References== |
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[[Category:1959 births]] |
[[Category:1959 births]] |
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[[Category:Living people]] |
[[Category:Living people]] |
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[[Category: |
[[Category:Businesspeople from Houston]] |
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[[Category:American billionaires]] |
[[Category:American billionaires]] |
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[[Category:American chief executives of energy companies]] |
[[Category:American chief executives of energy companies]] |
Latest revision as of 08:33, 30 October 2024
Jeffery Hildebrand | |
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Born | 1959 (age 64–65) Texas, United States |
Alma mater | University of Texas at Austin (B.S., M.S.) |
Occupation(s) | Founder, chairman and CEO, Hilcorp Energy Company |
Children | 3 |
Jeffery Hildebrand (born 1959) is an American billionaire businessman. He is the founder, chairman, and chief executive officer (CEO) of Hilcorp Energy Company.[1]
Education
[edit]Jeffery Hildebrand was born in Texas in 1959. His father was a veterinarian.[2]
Hildebrand received a bachelor's degree in geology from the University of Texas at Austin in 1981. After working briefly at Exxon as a geologist,[2] he obtained a master's degree in petroleum engineering in 1985 from the same university.[1][3] He is also recognized as a distinguished engineering graduate of the University of Texas at Austin's Cockrell School of Engineering.[4]
Career
[edit]Hildebrand worked for the American Energy Capital Corporation, the Dan A. Hughes Company, and Exxon Company, until he founded Hilcorp Energy Company, an oil and gas exploration and production company.[1][5] He co-founded Hilcorp in 1990 and later bought out his partner for $500 million in 2003.[6] His company has been ranked on Fortune Magazine's 100 Best Companies to Work For list in 2013, 2014 and 2015. In December 2015, his company gave all 1,380 employees a $100,000 Christmas bonus.[7][8] Hilcorp has the highest greenhouse gas emissions of any U.S. oil and gas company.[9]
Hildebrand is a member of the All American Wildcatters, the National Petroleum Council, the Engineering Advisory Board at University of Texas at Austin, the Independent Petroleum Association of America, the Houston Energy Finance Group, the American Association of Petroleum Geologists, the Society of Petroleum Engineers, the Houston Geological Society, the Texas Independent Petroleum Royalty Owners Association, and the Louisiana Independent Oil and Gas Association.[1]
According to Forbes, Hildebrand is worth US$10.2 billion as of July 2023.[10][3][11][12] He is the 77th richest American citizen.[11] He was worth $1.9 billion in 2010.[12] His success has been attributed to his ability to recognize other companies’ underperforming assets and subsequently re-managing them.[2]
In April 2020, Governor Greg Abbott named Hildebrand to the Strike Force to Open Texas – a group "tasked with finding safe and effective ways to slowly reopen the state" amid the COVID-19 pandemic.[13]
In August 2023, Governor Greg Abbott appointed Hildebrand as Chair of the Texas Parks and Wildlife Department Commission, effective August 31, 2023.[14]
Memberships
[edit]Hildebrand is a member of the following organizations.[4]
- Society of Petroleum Engineers
- American Association of Petroleum Geologists
- National Petroleum Council
Philanthropy and political contributions
[edit]Hildebrand has made charitable contributions to the Houston Zoo and the Contemporary Arts Museum Houston.[15] He was a major donor to Texas A&M's Hildebrand Equine Complex.[16]
In November 2017, Hildebrand donated $25 million to the Department of Petroleum and Geosystems Engineering at the University of Texas at Austin. In recognition, the university plans to name the department the Hildebrand Department of Petroleum and Geosystems Engineering.[17]
Political contributions
[edit]Hildebrand donated $50,000 to Rick Perry during the 2010 Texas gubernatorial election.[18] Together with his spouse, Hildebrand contributed $1.2 million to Donald Trump's 2020 presidential campaign.[19]
A devout Catholic, Hildebrand has contributed millions of dollars to various Christian organizations, charities, and ministries. As a result, Hildebrand often references a favorite Bible verse, "To whom much is given, much will be required" (Luke 12:48).[2]
Personal life
[edit]Hildebrand is married and has three children.[3] He and his wife are both practicing Catholics.[2] Hildebrand and his family live in Houston, Texas.[11] He also plays polo.[20]
References
[edit]- ^ a b c d "Hilcorp biography" (PDF). Archived from the original (PDF) on 26 October 2011. Retrieved 20 November 2017.
- ^ a b c d e Morenne, Benoît (2023-07-11). "How a Houston Oilman Confounded Climate Activists and Made Billions". The Wall Street Journal. Retrieved 2023-07-27.
- ^ a b c "Jeffery Hildebrand". Forbes. Retrieved 20 November 2017.
- ^ a b "Gov. Perry appoints Hildebrand, two others to University of Texas System Board of Regents". Chron. 2016-09-28. Retrieved 2021-10-18.
- ^ Pulsinelli, Olivia. "Houston energy company gives out $100,000 bonuses to all employees". bizjournals.com/houston. Houston Business Journal. Retrieved 11 December 2015.
- ^ "Jeffery Hildebrand". Forbes. 2019-08-14. Retrieved 2021-10-18.
- ^ "Company gives all employees $100K Christmas bonus". Ktvu.com. KTVU. Archived from the original on 11 December 2015. Retrieved 11 December 2015.
- ^ Mathews, Chris. "This Company Gave Every One of Its Employees a $100k Christmas Bonus". fortune.com. Fortune Magazine. Retrieved 11 December 2015.
- ^ Clifford, Catherine (2022-07-14). "Hilcorp Energy, Exxon Mobil and ConocoPhillips release the most greenhouse gasses among U.S. oil and gas companies". CNBC. Retrieved 2024-10-30.
- ^ "Jeffery Hildebrand". Forbes. Retrieved 2023-07-11.
- ^ a b c "The Richest People In America: #59Jeffrey Hildebrand". Forbes. 2013. Archived from the original on January 23, 2013. Retrieved August 22, 2016.
{{cite news}}
: CS1 maint: bot: original URL status unknown (link) - ^ a b Catherine Feser, 'Houston has a dozen on Forbes' richest Americans list', in Houston Chronicle, September 23, 2011 [1]
- ^ "These are the experts, leaders working with Gov. Abbott's strike force to reopen Texas". khou.com. 17 April 2020. Retrieved 2020-04-21.
- ^ "News Release: Aug. 24, 2023: Governor Names Jeff Hildebrand as Chairman, Appoints William Doggett to TPW Commission". Texas Parks and Wildlife. Retrieved 2024-03-04.
- ^ Todd Ackerman, 'Houston looks for new generation of top givers', in Houston Chronicle, April 4, 2010 [2]
- ^ Hodge, Shelby (March 5, 2014). "Billionaire UT board member with Aggie ties gives millions to new equestrian center". CultureMap Houston. Retrieved August 22, 2016.
- ^ "Hildebrand Department of Petroleum and Geosystems Engineering Established With Gift from Family of Regent and Industry Leader". 7 November 2017. Retrieved 20 November 2017.
- ^ Hoppe, Christy (26 February 2010). "Documents show relatively few donors loaded Gov. Rick Perry's campaign 'Money Cannon'". The Dallas Morning News. Retrieved 27 March 2024.
- ^ "Here Are The Billionaires Who Donated To Donald Trump's 2020 Presidential Campaign". Forbes. Retrieved 27 March 2024.
- ^ Webbe, Alex (August 18, 2016). "The Rocky Mountain Open has deep Colorado roots". Polozone.com. Retrieved August 22, 2016.