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Telling Fortunes

No. 36: Drayton McLane Jr.

Age: 77Home: TempleNet Worth: $1.9 billion

Drayton McLane grew the grocery business started by his granddad in 1894 into one of the country’s largest. After selling to Walmart in 1991, he bought the Houston Astros, partly because he considered baseball a family game, then secured a beautiful downtown ballpark and the ’Stros’ only National League pennant. Now out of baseball, last year he gave his alma mater, Baylor University, the biggest gift in school history for a new football stadium. Forbes reported that the amount was “north of $200 million.” McLane denied the figure but admitted paying for naming rights. His choice? Baylor Stadium.

 

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  • Katiebug Creative

    Yep, that sounds about right. One of the most generous, hard-working, humble men I know.