It’s been almost half a year since Cal McNair became the primary owner of the professional football team, the Houston Texans, the seventh richest team in the National Football League with a franchise value of $5.5 billion.
Before Cal, his mother, Janice McNair, owned the Texans. Since the team is part of his family business, Cal has always been associated with it. He first served as the vice chairman for the Texan and then as a chief operating officer.
In 2013, when his father, Bob McNair, the original owner of Texan, got a cancer diagnosis, he became a more authoritative individual for the team. Eventually, he took over the chairman position in 2018.
Likewise, he then became the chief executive officer, and finally, on March 26, 2024, his mother, Janice McNair, assigned him the primary ownership of such a big team. Well, evaluating all this, Cal McNair’s net worth is undoubtedly in the billions.
Cal McNair is also the beneficiary of his mother, Janice McNair’s $5.6 billion wealth
According to Forbes, Janice McNair, Cal McNair’s mother, has an estimated net worth of $5.6 billion as of 2024.
After her husband, Bob McNair, passed away in 2018, Janice inherited an ‘80% stake in the NFL’s Houston Texans,’ making her one of the wealthiest women in United States sports ownership and Cal, being the son, would rightly be the natural inheritor of his mother’s billions of wealth.
As one of Janice McNair’s four children, Cal McNair will undoubtedly receive one-quarter of his mother’s $5.6 billion assets, eventually contributing to his net worth.
Further, he may have accumulated a certain amount of money from his business career. In addition to being the Texans’ owner, Cal is also an executive for the Palmetto Trust Company and RCM Financial Services.
Additional Information
- Cal McNair was born ‘Daniel Calhoun “Cal” McNair’ in Houston, Texas, on October 24, 1961. He is currently 62 years old.
- Cal completed his bachelor’s from the University of Texas at Austin and then earned his Master’s in Business Administration from Rice University.
- Cal began his career working at his father’s company, Cogen Technologies, in 1987, where he played a crucial role in financial analysis and project management. He then worked as a supervisor of several power stations across the eastern part of the United States.
