Bob McNair

Date of Birth: January 1, 1937

Zodiac Sign: Capricorn

Date of Death: November 23, 2018

Biography

Robert C. “Bob” McNair was a prominent American businessman and philanthropist best known for founding the Houston Texans, an NFL team. Born in Tampa, Florida, McNair moved to Houston, Texas, in the 1960s, where he became a successful entrepreneur. He founded Cogen Technologies in 1983, which became one of the largest non-utility cogeneration companies in the United States. He sold Cogen to Enron in 1999, a deal that significantly boosted his wealth. In 1999, McNair was awarded the 32nd NFL franchise, which became the Houston Texans. The team began playing in 2002 and has since become a significant part of the Houston sports landscape. Beyond sports, McNair was known for his extensive philanthropic efforts, donating millions to medical research, education, and community development. McNair passed away on November 23, 2018, but his legacy continues through his business achievements and charitable contributions.

5 Interesting Facts about Bob McNair

1. Bob McNair founded the Houston Texans, bringing NFL football back to Houston after the Oilers relocated to Tennessee.

2. He sold his company, Cogen Technologies, to Enron for $1.5 billion.

3. McNair and his wife, Janice, donated over $500 million to various causes, including medical research and education.

4. He was a significant contributor to Rice University and Baylor College of Medicine.

5. McNair also owned Palmetto Partners, Ltd. and RCM Financial Services, L.P.

5 Most Interesting Quotes from Bob McNair

1. “A positive attitude causes a chain reaction of positive thoughts, events, and outcomes. It is a catalyst and it sparks extraordinary results.”

2. “We are committed to building a first-class football organization that will make Texans proud.”

3. “Philanthropy is not just about giving money but about solving problems. While well-meaning charity can be a temporary solution, real philanthropy requires addressing the root causes of problems.”

4. “Success is not just about what you accomplish in your life, it’s about what you inspire others to do.”

5. “The true measure of an individual is how they treat a person who can do them absolutely no good.”

Highest Net Worth Achieved

At his peak, Bob McNair’s net worth was estimated to be around $3.8 billion.

Children

Bob McNair had four children: Cal McNair, Cary McNair, Ruth McNair, and Melissa McNair. His son, Cal McNair, has taken on a leadership role with the Houston Texans, continuing his father’s legacy within the NFL.