@mccombsenterprises.com
McCombs Enterprises, founded in 1953, is the family office and business headquarters for Red McCombs.
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McCombs Enterprises, the family office and headquarters for all of Red McCombs' business activities, is a renowned brand operating in diverse industries. Red, a self-professed deal junkie, specializes in acquiring and revitalizing businesses facing operational or management inefficiencies. With his keen entrepreneurial spirit, he has successfully nurtured several market-leading companies from their inception.
Automotive was his first stepping stone in 1950, where he owned and represented various vehicle brands. He then ventured into the energy industry, establishing McCombs Energy with a handshake deal. Red's Texan legacy further expanded into ranching and cattle breeding, revolutionizing the industry by syndicating a Texas Longhorn bull for over $1 million.
Real estate is another significant venture, encompassing residential, commercial, and land development projects. Additionally, Red co-founded Clear Channel Communications, building it into the world's largest radio and advertising media company. Renowned as a sports team owner and philanthropist, Red's contributions extend beyond business.
He brought professional sports to San Antonio, owning the NBA's San Antonio Spurs and temporarily the Denver Nuggets. Furthermore, Red and the McCombs Foundation have made generous donations exceeding $135 million, supporting initiatives such as The University of Texas at Austin's business college and the M. D.
Anderson Cancer Center in Houston. While Red's beloved wife, Charline, passed away in 2019, her legacy of love and support endures. McCombs Enterprises is a brand built on Red's remarkable achievements, entrepreneurial zest, and commitment to philanthropy
Company Type
Self-Owned
Company Size
1001-5000
Year Founded
1958
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