Inspirational Quotes by Richard Rainwater (American Investor)

Richard Edward Rainwater (1944–2015) was a renowned American investor, fund manager, and a self-made billionaire.

Born in Fort Worth, Texas, Rainwater graduated from the University of Texas at Austin with a degree in mathematics. After getting an MBA from Stanford Business School in 1968, he worked as an investment banker before becoming a fund manager for the oil fortunes of the Bass family. He turned an initial $50 million fund into $5 billion between 1970 and 1986.

Having made some $100 million for himself during that period, Rainwater went out on his own and was an independent investor since 1986. He invested in over 30 companies and purchased over 32 million square feet of office space across America. He also founded, co-founded, or was a significant stakeholder in many oil, insurance, healthcare, and real estate companies. He co-owned the Texas Rangers baseball team with President George W. Bush.

Investment advisor and author John Train included a profile of Rainwater in Money Masters of Our Time (2003.)

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