How rich is Farris Wilks?
Farris Wilks Net Worth:
American businessman Farris Wilks has an estimated net worth of $1.4 billion as of March 2013 according to Forbes. Most of his net worth is derived from their family business, Wilks Masonry.
Farris Wilks Net Worth $1.4 Billion
Not much is said concerning the Wilk brothers on the internet. But Forbes promised that Farris, and his brother, Dan have an estimated net worth of $1.4 billion, each. They were born to a mason father and later on, they both followed the steps of the dad. They became professional masons, as well as in 1995, they founded Wilks Masonry. Today, the company’s portfolio contain lots of area high schools, OSU’s Boone Pickens Stadium and Municipal buildings.
Less than decade afterwards after the initiation of Wilks Masonry, the Wilks brothers joined the energy industry and by 2002, Frac Tech, a hydraulic fracturing and oil field services business was founded. The Wilks brothers possessed 68% of the business’s positions and after almost a decade, they sold their combined shares to as overeign wealth fund in Singapore, composed of several investors that’s headed by Temasek Holdings. Their combined shares were estimated to be worth $3.5 billion, and the brothers got $3.2 billion.