Aubrey McClendon was an American-based management executive, founder, and CEO of American Energy Partners L.P Ltd. He was also the co-founder of Chesapeake Energy and served as its Chief Executive Officer and Board Chairman. He was a firm supporter of natural gas utilization against the use of coal and oil. Aubrey was a die-hard fan of basketball and also part-time owned the Oklahoma City Thunder franchise. He died on March 2, 2016, in a car accident.
Aubrey McClendon Biography And Net Worth
|Net worth||$500 million|
|Full Name||Aubrey McClendon|
|Born||July 14, 1959|
|Died||March 2, 2016|
|Profession||Businessman & Entrepreneur|
Aubrey McClendon Early Life
Aubrey McClendon was born on July 14, 1959, in Oklahoma City in the United States of America. He was raised in Belle Isle, a town in Oklahoma City. He completed his early education at the junior school in Belle Isle which was a public school. Aubrey completed his high school education at a private school named Heritage Hall School in the year 1977. Aubrey did graduation from Duke University with a bachelor’s in arts in the year 1981. After graduating he started his career by working as an accountant.
He commenced his career as an accountant, but he was more interested in the energy business. Based on his passion and interest he switched his field and started working as a landman at Jaytex Oil and Gas company which was owned by his uncle. In 1982, He resigned from working at Jaytex and decided to establish his own business in the oil and gas sector of the country. In 1983, He along with his friend Tom Ward entered the energy sector by providing consultancy.
In 1989, they together lay down the foundation of Chesapeake Energy Corporation, in Oklahoma City. Aubrey became its first Chairman and CEO of Chesapeake, while Ward acted as the President and CFO. The company got a drilling project for two wells in Garvin County, Oklahoma, in the year 1989. In 1993, he made the company public and listed its shares in the stock market, and made its stock most profitable for the following three years.
In April 2013, Aubrey founded another energy company for oil and gas known as American Energy Partners, LP in Oklahoma. From 2013 to 2014, Aubrey recruited more than six hundred employees for Energy Partners and arranged debt and equity of around $15 billion.
Aubrey McClendon Awards and Honors
- Aubrey was included in the list of Oklahoma Heritage Foundation’s Oklahoma Hall of Fame in the year 2007.
- McClendon received the Chief Roughneck Award for its contribution in the petroleum industry in 2010 by U.S. Steel Tubular Products Inc.
- In the year 2011, he got awarded the Ernst & Young National Entrepreneur of the Year in the field of Energy, Cleantech, and Natural Resources.
Before his death, Aubrey owned assets worth of approximately $500 million.
Aubrey McClendon Death
Aubrey died in a fatal car accident in March 02, 2016 and was only 56 years.