George Kaiser net worth is estimated at $16 billion. He built this through Kaiser-Francis Oil, a family oil and gas company he took over in 1969, and BOK Financial Corporation, a major regional bank he acquired out of federal receivership in 1991.
George Kaiser: Quick Facts
| Net Worth | $16 billion (estimated) |
| Full Name | George Bruce Kaiser |
| Born | July 29, 1942, Tulsa, Oklahoma |
| Education | Harvard University, BA and MBA |
| Companies | Kaiser-Francis Oil Company; BOK Financial Corporation |
| NBA Ownership | Stake in the Oklahoma City Thunder, since 2014 |
Early Life and Education
George Kaiser was born on July 29, 1942, in Tulsa, Oklahoma, to Jewish parents who had fled Nazi Germany, and attended Central High School in Tulsa before earning both a bachelor’s degree and an MBA from Harvard University.
Career
George Kaiser took control of his family’s business, Kaiser-Francis Oil Company, in 1969 after his father suffered a heart attack, growing the Tulsa-based oil and gas exploration company into one of the largest privately held energy producers in the country, with more than 4,400 wells across Oklahoma. In 1991, he purchased the Bank of Oklahoma out of Federal Deposit Insurance Corporation receivership for $60 million, expanding what became BOK Financial Corporation from a 20-branch Oklahoma bank into a major regional institution operating across eight states with more than $46 billion in assets, of which Kaiser remains chairman and majority shareholder.
He also owns two pipeline systems and a majority stake in the publicly traded LNG company Excelerate Energy, and in 2014 acquired a stake in the NBA’s Oklahoma City Thunder. Kaiser has been recognized as one of America’s top philanthropists, running the George Kaiser Family Foundation, which focuses heavily on reducing childhood poverty and expanding access to education.
FAQs
What is George Kaiser’s net worth?
Estimated at $16 billion, according to Forbes, making him one of the wealthiest people in Oklahoma and the country.
What companies does George Kaiser own?
Kaiser-Francis Oil Company and BOK Financial Corporation, along with pipeline systems and a stake in Excelerate Energy.
How did George Kaiser acquire BOK Financial?
He purchased the Bank of Oklahoma out of FDIC receivership in 1991 for $60 million.
What philanthropic work is George Kaiser known for?
Running the George Kaiser Family Foundation, focused on reducing childhood poverty and expanding education access.
