Paul Foster

Paul Foster (#937)

Global Rank #937

Country Rank #350

Country United States

I like to think of it not so much as rolling with the punches but rolling with the opportunities.

$ 5 B
Oil refining
United States
M
68 Years

Snapshot

Quick Facts

Global Rank #937

Country Rank #350

Net Worth $4.5B

Previous Worth $4.5B

Worth Change +$0.0B

Country United States

Industry Oil refining

Age 68 Years

Gender M

Worth As Of May 4, 2026

Residence El Paso, Texas

Citizenship United States

World Billionaires List United States Billionaires Oil refining

Profile Data

Personal Stats

Age 68

Source Of Wealth Oil refining, Self Made

Self Made Score 8

Philanthropy Score 2

Residence El Paso, Texas

Citizenship United States

Marital Status Married

Children 2

Education Bachelor of Arts/Science, Baylor University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $4.5B

Current Net Worth $4.5B

Worth as of May 4, 2026

About Me

Texas-based Paul Foster built a fortune in oil refining. In 2017, he sold his company Western Refining to San Antonio-based Tesoro for $6.4 billion. The merged entity was later renamed Andeavor and sold to Marathon Petroleum. Through Franklin Mountain Investments, Foster owns stakes in more than 30 companies spanning real estate, restaurants and sports. In 2025, he sold his energy venture for $2.5 billion. A graduate of Baylor University and a registered CPA, Foster handled the books for small oil refineries across the Southwest. He and his partners took over bankrupt El Paso Refining in 1992. He bought out his partners five years later. Foster serves as a trustee of the Baylor College of Medicine and is a member of the Texas Parks and Wildlife Commission and the Federal Reserve Bank of Dallas' Energy Advisory Council.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Paul Foster.

#984

Billionaires (2026)

#352

Forbes 400 (2025)

Insights

Did You Know?

Foster is a part owner of the El Paso Chihuahuas, a Triple-A baseball team.

Wealth Growth

Net Worth Growth Over Time

Tracking Paul Foster's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $4.5B (May 4, 2026)