Michael S. Smith (#1410)
- $ 3 B
- Liquefied natural gas
- United States
- M
- 71 Years
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About Me
Smith raised more than $15 billion in debt to build three giant plants at Freeport, Texas to chill and export 15 million tons per year of liquefied natural gas -- equivalent to 2 billion cubic feet per day. He made his first fortune with oil and gas company Basin Exploration, which he sold in 2001 for $428 million. Enjoys homes in Miami Beach, Malibu and the Hamptons. Freeport LNG was originally envisioned as an LNG import terminal; when the shale gas boom arrived, Smith turned his strategy 180 degrees.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Michael S. Smith’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Michael S. Smith’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $3.0B
(May 4, 2026)
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