Richard Rainwater | |
|---|---|
| Born | Richard Edward Rainwater June 15, 1944 Fort Worth, Texas, U.S. |
| Died | September 27, 2015 (aged 71) Fort Worth, Texas, U.S. |
| Alma mater | University of Texas, Austin Stanford Graduate School of Business (MBA) |
| Occupation | Investor Philanthropist |
| Spouse | Karen Rainwater (1966-1991) Darla Moore (m. 1991) |
| Children | 3 |
Richard Edward Rainwater (June 15, 1944 – September 27, 2015) was an American investor and philanthropist. With an estimated net worth of $3 billion, he ranked 211th on the Forbes 400 in 2015.[1]
His investing style was described as "analytically rigorous but opportunistic and Texas-sized in its audacity."[2] Rainwater was a mentor and early backer of investors including Eddie Lampert, Roger Staubach, and David Bonderman.[3] Between 2009 and his death in 2015, he suffered from progressive supranuclear palsy, a rare disease involving neurodegeneration. During his lifetime, Rainwater donated over $380 million to charitable causes and left nearly all of his estate to his charitable foundation.[4][5]
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