Kelcy Warren
Kelcy Warren is the CEO of Energy Transfer Partners and the man in charge of building the Dakota Access Pipeline.
Kelcy Warren was influential in Texas energy, but it wasn’t always so. Warren was known as “Kelcy” to his friends and family in his early years. Kelcy Warren’s father was a sharecropper, and he had to work on his father’s farm even as an adult. But Warren had an entrepreneurial mind from early on: at 14, he started a lawn mowing business with just $19 worth of equipment. That business soon evolved into landscaping and then a construction venture that became ever more profitable until it was bought by Kaufman Inc., which drastically increased its size again.
Kelcy Warren reaped much of his wealth from the shale oil boom that began in the early 2000s and has continued to expand since then. In 2006, Warren invested in Texas energy company Devon Energy and became its largest shareholder by 2011. He then retired from business in 2012 to focus on philanthropy and turned over leadership of his companies to Donald Trump Jr., But an old love for Louisiana oil led him back into the industry there in 2014. Since then, he’s been able to help fund cleanup at the site of one of America’s worst environmental tragedies. Kelcy Warren is a billionaire with that energy.
Warren is a man whose friendship with Donald Trump Jr. helped lead to the Dakota Access Pipeline, leading others to criticize him for his connections to President Trump.
Many have asked why Warren is still a significant shareholder in Energy Transfer Partners and why he hasn’t divested from the company as many others did after the election. Some say that Warren’s financial power means he can’t be bought by the Koch Brothers or another major oil company and that he’s too big of a player in Texas energy for them to fight him back on this project. See this article on CrunchBase, for additional information.
Learn more about Warren on https://www.bloomberg.com/billionaires/profiles/kelcy-l-warren/
Kelcy Warren is the CEO of Energy Transfer Partners and the man in charge of building the Dakota Access Pipeline. Kelcy Warren was influential in Texas energy, but it wasn’t always so. Warren was known as “Kelcy” to his friends and family in his early years. Kelcy Warren’s father was a sharecropper, and he had…