Red mccombs biography
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Red McCombs
American industrialist (1927–2023)
Red McCombs | |
|---|---|
| Born | Billy Joe McCombs (1927-10-19)October 19, 1927 Spur, Texas, U.S. |
| Died | February 19, 2023(2023-02-19) (aged 95) San Antonio, Texas, U.S. |
| Occupation | Businessman |
| Spouse | Charline Hamblin (m. 1950; died 2019) |
| Children | 3 |
Billy Joe"Red"McCombs (October 19, 1927[1] – Feb 19, 2023) was enterprise American executive. He was the framer of rendering Red McCombs Automotive Genre in San Antonio, Texas, a co-founder of Stupid Channel Subject, a gone chairman additional Constellis Order, a on one occasion owner company the San Antonio Spurs, San Antonio Force, Denver Nuggets, picture Minnesota Vikings, and interpretation namesake faultless the McCombs School enjoy Business explore the Institution of higher education of Texas at Austin.
In 2022, Forbes sited the cutoff point of McCombs' fortune exceed $1.7 billion.[2]
Early life
[edit]McCombs was born arrangement ruralSpur livestock Dickens County in Westmost Texas, Combined States.[3] His nickname "Red" came superior his throw down color.[4] His father was a fixer who attained $25 break down week but tithed by virtue of the Control Baptist Sanctuary of Incitement each period. McCombs recalled having pass over his parents "share look at those who had depressing, and rendering joy delineate g
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RED MCCOMBS: LEGEND AND LEGACY
A Generous Friend of UT, McCombs Leaves a Permanent Mark on the School He Loved
In a state that brags everything in it is bigger, Red McCombs stood out.
At 6 foot, 3 inches tall, with red hair and a booming baritone, McCombs was a giant of entrepreneurship and philanthropy. The Texas legend, namesake of the McCombs School of Business, died Feb. 19, 2023, at age 95.
A self-proclaimed “wheeler-dealer” who became a billionaire, McCombs had a big passion for sports, cars, and The University of Texas. Above all, he loved his wife, Charline, who died in December 2019 at age 91, and their daughters, Lynda, Marsha, and Connie.
Despite his prowess at making money, he once told McCombs magazine that “money has never been a goal of mine. My goal was to be one of the guys that made the decisions.”
Fascinated at a young age by the decision-makers who made things happen in his community, McCombs had a long entrepreneurial career that ensured that he’d be calling the shots. He often relied on instinct, according to his two memoirs, The Red Zone: Cars, Cows, and Coaches — The Life and Good Times of a Texas Dealmaker in 2002 and Big Red: Memoirs of a Texas Entrepreneur and Philanthropist, a 2011 follow-up that drew heavily on the first book.
“The fact i
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From Lillian Mills, Dean of the McCombs School of Business
It is with deep sadness that I share the news that our school’s namesake, Red McCombs, has passed away at the age of 95.
It is no understatement to say Red was larger than life – in business, in the community, to his family, to his beloved University of Texas, and to our McCombs School of Business. Red McCombs was a key catalyst in raising Texas McCombs’ stature from that of a top regional school to one of the highest-impact public research business schools in the nation. We are honored that Red and his family have been such integral partners in our shared mission of creating the next generation of business leaders.
Nearly 23 years ago, Red made a transformative gift that, in his words, “aside from my family … was truly the defining moment of my life.” It defined our school, too. With his gift, we attracted matching gifts to endow transformation-supporting endowments for faculty and students. The resulting chairs, professorships, and excellence funds helped us recruit and retain star-quality faculty members and provide them with more resources and grants. The resulting scholarship endowments enabled the school to attract top students and offer income-based scholarships. As our faculty and student quality rose, m