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Telling Fortunes

No. 21: John Arnold

Age: 39Home: HoustonNet Worth: $2.8 billion

It is hard to remember a Houston without John Arnold, who in 2001, at age 27, booked $750 million in profits as a natural gas trader for Enron. Still baby-faced at 39, Arnold has retired from his spectacularly successful energy-based hedge fund, Centaurus Advisors, and with his wife, Laura, now runs a foundation that has so far given away or pledged hundreds of millions of dollars, mostly in education. They have linked up with Texans for Lawsuit Reform to promote charter schools and online learning and are also involved in the Innocence Project, which works to free the wrongfully convicted. And in case it wasn’t already obvious, they have signed the Giving Pledge, along with Warren Buffett and Bill Gates, promising to give away most of their money.  

 

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