Randall Mays has amassed an impressive net worth, and his networth is likely to rise even higher as his career progresses. Randall Mays started his career at the University of Texas, Austin. He quickly rose up the corporate ladder and became a partner in the Trammell Crow company. He later completed an MBA at Harvard Business School and joined Goldman Sachs & Co. After that, he spent more than 15 years at Clear Channel Communications, now called iHeartMedia. There, he held various leadership positions and helped manage the company’s global operations with over 40,000 employees and operations in 84 countries. During his time at the company, he managed global strategy, corporate development, and capital markets.
The Texan has a net worth of $113 million. His investments in companies like Schlumberger, ExxonMobil and NextEra Energy further increase his net worth. He also owns stock in Chevron, ExxonMobil, and NextEra Energy. Although there aren’t any details about his personal wealth or stock holdings, he does have large amounts of stock in many major companies.
Mays has many philanthropic interests. He has donated $50 million to the business school at Texas A&M University. He has also donated more than $20 million to the Witte Museum event center and UT Health San Antonio Cancer Center. Each year, his foundation donates about $15 million to non-profits. He was a member of The National Academy of Business for more than 15 years. He is a leader in philanthropic activities and has also been a prominent philanthropist for Texan art.
In addition to his wealth, Randall Mays is an insider at Live Nation Entertainment Inc. He has been a director since 2005 and owns over 150,356 shares of the company. This stock is valued at approximately $14 million. Mays makes $255,584 as an Independent Director for Live Nation Entertainment Inc. Randall Mays is a Live Nation stock trader, but he still owns a staggering $15.1 million stock.
Clear Channel was co-founded by Mays and his friend. Mays started his business career as an oil rig roughneck. In 2008, Clear Channel was sold to McCombs. The sale of the company was worth $25 billion and Mays received five percent of the proceeds. He won’t disclose the amount of money raised. He will instead use the proceeds of the sale to fund the Mays Family Foundation.
Randall Mays’ net worth has been estimated at $200 million. He has spent a lot of time working on personal projects. He is involved in many non-profit organizations, including The NeuroElasticity Project. He is an active board member, including the Boards of Live Nation Entertainment and the Digital Defense Agency. He enjoys hiking, traveling, and talking with strangers.