Richard Rainwater

Richard Rainwater
Born
Richard Edward Rainwater

(1944-06-15)June 15, 1944
DiedSeptember 27, 2015(2015-09-27) (aged 71)
Fort Worth, Texas, U.S.
Alma materUniversity of Texas, Austin
Stanford Graduate School of Business (MBA)
OccupationInvestor
Philanthropist
SpouseKaren Rainwater (1966-1991)
Darla Moore (m. 1991)
Children3

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]

  1. ^ "Richard Rainwater". Forbes.
  2. ^ Cite error: The named reference prophecy was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference friends was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  5. ^ "The fight of Richard Rainwater's life". Fortune. Retrieved 2020-08-13.

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