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Richard Rainwater

AKA Richard Edward Rainwater

Born: 1944

Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business
Party Affiliation: Republican

Nationality: United States
Executive summary: Billionaire investor

A classmate of Sid Bass at Stanford, Rainwater became investment manager for the four Bass brothers from 1970 to 1986, turning their $50M inheritance into $5B, mostly from lucrative investments in Disney and Texaco. At the request of George W. Bush and Edward W. Rose, Rainwater organized the investment team that bought the Texas Rangers in 1989.

Father: (grocer)
Mother: (J.C. Penney sales clerk)
Wife: Darla Dee Moore (former investment banker, Chemical Bank, b. 1954, three children)

    University: BA Mathematics, University of Texas at Austin
    University: MBA, Stanford University Graduate School of Business (1968)

    Crescent Real Estate Equities Company (1994-)
    Member of the Board of HCA (-1994)
    John McCain 2008
    Kay Bailey Hutchison for Senate
    National Republican Congressional Committee

    SPORTS FRANCHISE HISTORY
    Texas Rangers Minority owner (1989-98)

Appears in articles:
Midas Touch Was Billionaire's Gift to Bush, The New York Times, DETAILS: 30-Oct-1999, BYLINE: Barry Meier


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