George Kaiser Net Worth – How Much is Kaiser Worth?

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George Kaiser, a prominent American billionaire businessman and the chairman of BOK Financial Corporation, has amassed considerable wealth throughout his career. With interests in the oil and gas industry, banking, philanthropy, and sports ownership, Kaiser’s net worth is a testament to his success and diverse investments.

As of September 2021, George Kaiser is ranked as the 476th richest person in the world. His net worth is estimated to be a staggering $13.3 billion, making him one of the wealthiest individuals globally.

Key Takeaways:

George Kaiser’s net worth is estimated to be $13.3 billion.
His wealth is predominantly derived from his involvement in the oil and gas industry.
Kaiser is the chairman of BOK Financial Corporation and owns a majority stake in the company.
He is known for his philanthropic efforts, particularly in fighting childhood poverty through the George Kaiser Family Foundation.
Kaiser’s diverse investments include ownership in professional sports teams, such as the Oklahoma City Thunder.

Early Life and Education of George Kaiser

George Kaiser, born on July 29, 1942, in Tulsa, Oklahoma, had a diverse and enriching early life and education. He attended Central High School in Tulsa, where he laid the foundation for his future success. Kaiser’s academic journey continued at Harvard College, where he earned a Bachelor of Arts degree in 1964. His time at Harvard College provided him with essential knowledge and skills that would shape his future endeavors.

Building upon this educational foundation, George Kaiser further honed his business acumen at Harvard Business School. He completed his Master of Business Administration degree in 1966, graduating with the skills necessary to thrive in the competitive business world. The knowledge and connections he gained through his education at Harvard have undoubtedly played a significant role in his successful career.

It is worth noting that George Kaiser comes from a Jewish heritage. His parents, Jewish refugees from Nazi Germany, settled in Oklahoma, where they imparted valuable values and cultural aspects of their heritage to Kaiser. This rich cultural background has likely influenced his philanthropic efforts and his dedication to making a positive impact in the world.

To fully understand George Kaiser’s achievements and the impact he has made, it is crucial to delve into his early life and educational experiences. These formative years laid the groundwork for his future success and shaped his values and aspirations.

Early Life and Education Overview:

Birth Date
July 29, 1942

High School
Central High School in Tulsa

Undergraduate Education
Bachelor of Arts from Harvard College (1964)

Graduate Education
Master of Business Administration from Harvard Business School (1966)


“My education provided me with a solid foundation and the tools to navigate the business world,” Kaiser has often reflected when discussing his early life and education.

The Career in the Oil and Gas Industry

George Kaiser’s career in the oil and gas industry has been instrumental in his accumulation of wealth and success. In 1969, he took control of Kaiser-Francis Oil Company, a family business that had been established by his parents and uncle. Under his leadership, the company experienced remarkable growth, becoming the 23rd largest nonpublic energy exploration company in the United States by 2010.

Kaiser-Francis Oil has been actively involved in oil prospecting and drilling, generating substantial revenue for the company. Through strategic exploration and extraction efforts, George Kaiser’s oil drilling business has made a significant impact on the energy sector. The company’s success has contributed to Kaiser’s overall net worth, solidifying his position as a prominent figure in the industry.

To showcase the extent of Kaiser’s energy exploration company, the following table provides an overview of Kaiser-Francis Oil’s key achievements and operations:


George Kaiser assumes control of Kaiser-Francis Oil Company.

Kaiser-Francis Oil expands its operations and establishes a significant presence in the oil industry.

Kaiser-Francis Oil becomes the 23rd largest nonpublic energy exploration company in the U.S.

Kaiser-Francis Oil continues to play a pivotal role in the oil and gas industry, contributing to George Kaiser’s net worth.

It is evident that George Kaiser’s venture into the oil and gas industry has been a key factor in his financial success and overall prominence within the business world.

Expansion into Banking

In addition to his success in the oil and gas industry, George Kaiser has also made significant strides in the banking industry. In 1990, he acquired the struggling Bank of Oklahoma (BOK) out of Federal Deposit Insurance Corporation receivership. Under Kaiser’s leadership, BOK Financial underwent a remarkable transformation, expanding its operations from a small 20-branch company solely in Oklahoma to a robust financial institution with a presence in nine states. As of 2023, Kaiser still holds a majority stake of 61.5% in BOK Financial, which has contributed significantly to his overall net worth.

The acquisition of BOK Financial allowed George Kaiser to diversify his investment portfolio and strengthen his foothold in the banking industry. With a market capitalization of $23.9 billion, BOK Financial has become a formidable player in the financial sector, offering a wide range of services to individuals, businesses, and institutions. The bank’s success can be attributed to Kaiser’s strategic vision and expertise in driving growth and profitability.

Through his ownership of BOK Financial, George Kaiser has been able to leverage the bank’s resources and expand its reach beyond the borders of Oklahoma. The institution now operates in multiple states, offering banking, wealth management, and treasury services to a diverse customer base. Kaiser’s investment in BOK Financial exemplifies his ability to identify opportunities for growth and capitalize on them, solidifying his position as a prominent figure in both the oil and gas and banking industries.

Table: BOK Financial Key Information

Total Assets (in billions)
Net Income (in millions)





Philanthropic Endeavors

George Kaiser is renowned for his philanthropic efforts, which are focused on making a positive impact on society. His dedication to addressing childhood poverty is evident through the initiatives undertaken by the George Kaiser Family Foundation. The foundation works tirelessly to support various causes, with a specific emphasis on early childhood education. Through strategic partnerships and funding, Kaiser aims to provide children with the resources and opportunities they need to thrive.

One notable project funded by the George Kaiser Family Foundation is the Woody Guthrie Center, which celebrates the life and legacy of the folk musician and activist. This cultural center serves as a hub for art, music, and education, promoting social justice and fostering creativity. The foundation has also contributed to the development of Tulsa’s A Gathering Place, a world-class park that offers recreational and educational activities for all ages.

Kaiser’s commitment to combating childhood poverty extends beyond financial support. He actively collaborates with organizations such as the Tulsa Community Foundation to create sustainable solutions for reducing poverty rates and improving the overall well-being of children. By investing in early childhood education, Kaiser believes in equipping young minds with the skills and knowledge necessary for long-term success.

Noteworthy Achievements of the George Kaiser Family Foundation


Early Childhood Education Programs
The foundation supports various programs that promote early childhood education and development. This includes funding for preschools, community centers, and educational resources.

Healthcare Initiatives
Kaiser’s foundation seeks to improve access to healthcare services for underserved populations. It collaborates with healthcare providers and organizations to create innovative solutions to healthcare challenges.

Community Revitalization
The George Kaiser Family Foundation invests in projects that revitalize communities, such as affordable housing initiatives and neighborhood development programs.

Cultural Preservation
Kaiser’s commitment to preserving cultural heritage is evident through funding projects like the Woody Guthrie Center, which preserves the legacy of influential figures in American history.

These initiatives are just a glimpse of the impactful work being done by the George Kaiser Family Foundation. By addressing the root causes of childhood poverty and investing in education and community development, Kaiser is creating a lasting legacy that uplifts individuals and communities in need.

Personal Life and Family

While George Kaiser is known for his business acumen and philanthropic efforts, his personal life and family play an important role in shaping who he is. Kaiser has been married twice and has a close-knit family that provides support and inspiration.

His first wife, Betty Eudene, was a prominent literacy advocate, and together they had three children. Unfortunately, Betty passed away in 2002, leaving a void in Kaiser’s life. However, he found love again and married Myra Block, a curator and authority on fiber art.

George Kaiser’s family is a source of strength and balance in his life. He cherishes his time with them and values their presence in both Tulsa, Oklahoma, and San Francisco, California, where he splits his time. Having a solid foundation in his personal life allows Kaiser to pursue his professional and philanthropic endeavors with dedication and a sense of purpose.

The Importance of Family

Family has always been important to George Kaiser. It has provided him with love, support, and a sense of belonging. The lessons and values he learned from his parents and extended family have shaped his character and guided his actions.

“Family is not an important thing, it’s everything.” – Michael J. Fox

The Impact of Personal Relationships

George Kaiser’s personal relationships have influenced his philanthropic pursuits. The loss of his first wife, Betty Eudene, inspired him to take action against childhood poverty. Through the George Kaiser Family Foundation, he focuses on early childhood education and poverty alleviation, recognizing that a strong foundation in a child’s early years can have a transformative impact on their future.

Creating a Legacy

George Kaiser’s personal life and family have played a significant role in shaping his legacy. While his business successes and philanthropic efforts are widely recognized, it is his commitment to his loved ones that truly defines him. By creating a strong and nurturing family environment and using his resources to support meaningful initiatives, Kaiser leaves a lasting impact on both his family and the communities he serves.

Political Activities

In addition to his business ventures and philanthropic endeavors, George Kaiser has also been actively involved in political activities. He has made significant political donations, primarily supporting candidates from the Democratic Party. Kaiser’s financial contributions have played a role in funding campaign efforts and advocating for Democratic candidates at various levels of government.

One notable instance of Kaiser’s political involvement was his support for Barack Obama’s 2008 presidential campaign. He served as a fundraiser for Obama and made substantial contributions to the campaign. This support reflected Kaiser’s alignment with Obama’s political platform and vision for the country.

“I believe in the power of government to create positive change and address the pressing issues facing our society,” Kaiser stated during a fundraising event for Obama’s campaign.

Kaiser’s political donations have not been limited to national campaigns. He has also made contributions to politicians in his home state of Oklahoma, across party lines. While Kaiser’s financial support has primarily favored Democratic candidates, he has recognized the importance of engaging with political representatives from different backgrounds and perspectives.

Political Donations Breakdown:

Political Party

Barack Obama
Democratic Party

Mary Fallin
Republican Party

Joe Biden
Democratic Party

Kaiser’s political contributions demonstrate his commitment to participating in the democratic process and supporting candidates whose policies align with his values. While his wealth provides him with the means to make substantial donations, Kaiser has emphasized the importance of transparency and accountability in political financing, calling for reforms to reduce the influence of money in politics.

George Kaiser NBA Ownership: Oklahoma City Thunder

Aside from his successful ventures in the oil and gas industry, George Kaiser has also made a name for himself in the world of professional sports. In 2014, Kaiser purchased an interest in The Professional Basketball Club, which owns the Oklahoma City Thunder of the National Basketball Association (NBA). This acquisition further diversifies Kaiser’s portfolio and showcases his involvement in the sports industry.

The Oklahoma City Thunder is a prominent NBA team based in Oklahoma City, Oklahoma. The franchise was established in 1967 as the Seattle SuperSonics and relocated to Oklahoma City in 2008. Since then, the team has become a beloved part of the city’s sports culture and has garnered a dedicated fan base.

Under George Kaiser’s ownership, the Oklahoma City Thunder has seen both on-court success and community engagement. The team has had multiple playoff appearances and has achieved great heights, including an NBA Finals appearance in 2012. Kaiser’s involvement in the franchise not only contributes to his overall net worth but also offers opportunities for investment and growth within the sports industry.

The Oklahoma City Thunder’s Impact

Through his ownership of the Oklahoma City Thunder, George Kaiser has played a role in enhancing the team’s impact on the local community. In addition to their on-court achievements, the Thunder organization is known for its philanthropic efforts and community outreach programs. The team’s charitable foundation focuses on various initiatives, including education, youth sports, and health and wellness.

Kaiser’s ownership stake in the Oklahoma City Thunder provides him with a unique platform to make a positive difference in the lives of individuals and communities. The team’s presence contributes to the economic development and cultural vibrancy of Oklahoma City, while also serving as a source of entertainment and unity for fans throughout the region.

Tax Avoidance and Controversies

George Kaiser has been involved in various controversies and has faced criticism for his tax avoidance strategies. Reports have highlighted instances where Kaiser has paid minimal federal income taxes despite his substantial wealth. His ability to legally minimize his tax obligations has sparked debates about income inequality and the fairness of the tax system.

One notable controversy involving George Kaiser is his connection to the Solyndra bankruptcy case. Solyndra was a federally backed solar energy company that received a $535 million loan guarantee from the U.S. government. The company filed for bankruptcy in 2011, leading to questions about the government’s decision to support it. Kaiser’s investment firm was one of the primary investors in Solyndra, raising concerns about the potential conflicts of interest and the allocation of taxpayer funds.

George Kaiser has faced criticism for his involvement in lawful tax avoidance strategies. Reports have highlighted instances where Kaiser paid minimal federal income taxes despite his substantial wealth.

These controversies have drawn attention to the complexities of the tax system and the ethical considerations surrounding tax planning. While tax avoidance is legal and commonly practiced by individuals and businesses, the extent to which wealthy individuals like George Kaiser can reduce their tax liability has been a subject of public scrutiny.

It is important to note that tax avoidance, while controversial in some cases, is distinct from tax evasion, which involves illegal practices to evade paying taxes. The debate around tax avoidance often centers on whether the system should be reformed to prevent wealthy individuals from exploiting loopholes and to ensure a more equitable distribution of tax burdens.

George Kaiser Net Worth

George Kaiser’s net worth of $13.3 billion is primarily sourced from his ownership stakes in various businesses, highlighting his success as a savvy investor and entrepreneur. Let’s take a closer look at the breakdown of his net worth and the sources that have contributed to his substantial wealth.

Net Worth Breakdown


Kaiser-Francis Oil
A significant portion of George Kaiser’s net worth comes from his involvement in the oil and gas industry through Kaiser-Francis Oil. The company has been successful in oil prospecting and drilling, generating substantial revenue.

BOK Financial
George Kaiser’s ownership stake in BOK Financial, where he owns 61.5% of the company, has significantly contributed to his net worth. He transformed the struggling bank into a successful financial institution and expanded its operations across multiple states.

Other Investments
In addition to his ventures in the oil and gas industry and banking, George Kaiser has made astute investments in various sectors. These investments have further diversified his portfolio and added to his overall net worth.

George Kaiser’s ability to identify lucrative opportunities and make strategic investments has been instrumental in building his substantial wealth. His success in the oil and gas industry, coupled with his ownership in BOK Financial and other profitable investments, has cemented his position as one of the richest individuals in the world.

“Investing in industries with long-term growth potential has been key to my success,” says George Kaiser. “I believe in leveraging my expertise and resources to create value and contribute to the growth of the companies I’m involved in.”

As George Kaiser continues to navigate the business world, his net worth is likely to evolve based on market trends and the performance of his various investments. With a keen eye for opportunities and a commitment to philanthropy, Kaiser’s financial success serves as an inspiration to aspiring entrepreneurs and investors alike.

Conclusion and Legacy of George Kaiser

From his remarkable financial success to his dedication to philanthropy, George Kaiser has left a lasting legacy. His impact extends far beyond his immense wealth, as he has made significant contributions to society through his philanthropic endeavors.

One of the cornerstones of Kaiser’s legacy is his commitment to early childhood education. Through the George Kaiser Family Foundation, he has provided vital support to educational programs and initiatives, aiming to improve the lives of young children and set them on a path to success.

In addition to his focus on education, Kaiser’s philanthropic efforts have been instrumental in fighting poverty, particularly childhood poverty. By funding organizations and projects aimed at alleviating poverty, he has made a tangible difference in the lives of countless individuals, ensuring a brighter future for those who need it most.

As George Kaiser’s impact continues to ripple through communities, his philanthropy serves as a powerful reminder of the influence one person can have. Through his wealth and generosity, Kaiser has created a lasting legacy that will continue to shape lives and inspire others to make a positive impact.


How much is George Kaiser worth?

George Kaiser’s net worth is estimated at $13.3 billion.

How did George Kaiser make his wealth?

George Kaiser amassed his wealth through his involvement in the oil and gas industry, primarily through his company Kaiser-Francis Oil.

What other businesses does George Kaiser own?

George Kaiser owns a majority stake in BOK Financial Corporation and has made significant investments in various other sectors.

What philanthropic efforts is George Kaiser known for?

George Kaiser is known for his philanthropic efforts, particularly in fighting childhood poverty through the George Kaiser Family Foundation.

Where was George Kaiser born?

George Kaiser was born in Tulsa, Oklahoma.

What is George Kaiser’s educational background?

George Kaiser earned a Bachelor of Arts degree from Harvard College and a Master of Business Administration degree from Harvard Business School.

What is George Kaiser’s heritage?

George Kaiser comes from a Jewish heritage, with his parents being Jewish refugees from Nazi Germany who settled in Oklahoma.

What is George Kaiser’s involvement in the oil and gas industry?

George Kaiser took control of Kaiser-Francis Oil Company in 1969 and grew it into the 23rd largest nonpublic energy exploration company in the U.S. by 2010.

How did George Kaiser transform Bank of Oklahoma?

George Kaiser purchased Bank of Oklahoma in 1990 and transformed it from a struggling institution into a successful financial entity, expanding its operations to nine states.

Who does George Kaiser support politically?

George Kaiser has supported Democratic Party candidates and has made significant political donations.

What sports team does George Kaiser own?

George Kaiser purchased an interest in The Professional Basketball Club, which owns the Oklahoma City Thunder of the NBA.

Has George Kaiser faced any controversies?

George Kaiser has faced criticism for his involvement in lawful tax avoidance strategies and has been linked to controversies such as the Solyndra bankruptcy case.

What is the breakdown of George Kaiser’s net worth?

George Kaiser’s net worth primarily comes from his ownership stakes in various businesses, including Kaiser-Francis Oil, BOK Financial, and other investments.

The post George Kaiser Net Worth – How Much is Kaiser Worth? appeared first on Zac Johnson.

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