George Bishop – Billionaire
George Bishop
Entrepreneur
REAL TIME NET WORTH — as of 5/1/17
$2.5 B
In late 2013 George Bishop notched one of the great scores of the oil boom when his GeoSouthern Energy sold its Eagle Ford shale fields to Devon Energy for $6 billion cash. After payouts to partners and investors like Blackstone, Bishop is believed to have cleared at least $1.5 billion from the deal. In 2015 Bishop redeployed some of that cash, teaming with asset manager GSO Capital Partners to buy Encana’s position in the Haynesville Shale in Louisiana for $850 million. Bishop, who is very private, also owns the Eagleford Restaurant in Cuero, Texas and is a partner in the River Ridge Golf Club, west of Houston. In 2014 he reportedly bought the Chub Cay island resort in the Bahamas.
Source:forbes
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