The numbers behind Kelcy Warren’s pipeline company tell their own story of growth. Energy Transfer, which Kelcy Warren co-founded with Ray Davis in 1996, generated about $1 billion in revenue by late August 2003. That figure climbed to $17 billion in 2012 and eventually reached nearly $90 billion at the end of 2022, a jump of 33 percent from the […]
A surgical technique only changes a field once other surgeons can reliably reproduce it. That step, often overlooked in coverage of cosmetic surgery innovation, has been central to how the extended deep-plane facelift moved from one practice in New York toward wider adoption across facial plastic surgery. Dr. Andrew Jacono has conducted master classes and delivered lectures at international plastic […]
RingMD, the company Justin Fulcher founded after his travels through Southeast Asia, was never just a concept sketched on paper. It functioned as a full telehealth system that went well beyond a simple video call between doctor and patient, touching triage, communication, and data integration alike across every stage of the patient experience from first symptom to follow up. On […]
A company that asks investors to join long-term oil and gas partnerships needs more than a slick website to earn trust. For Gulf Coast Western, that trust appears to come largely from the volume and specificity of feedback left by people who have actually invested. The Dallas-based firm explores, develops, and acquires domestic oil and gas reserves, primarily across the […]
A stretch of downtown Dallas that once sat divided by a sunken freeway now functions as one of the city’s most popular gathering spots, and much of the credit traces back to a single gift from energy executive Kelcy Warren. In 2012, Warren donated 10 million dollars toward the creation of Klyde Warren Park, a 5.2-acre green space built to […]
Most wealth management firms grow by adding specialists: another tax expert here, another insurance consultant there. Michael Gold takes the opposite approach. The founder and CEO of Gold Family Wealth in Westport, Connecticut, built his practice around what he calls orchestration rather than accumulation of advisors. Instead of expanding a family’s roster of professionals, Michael Gold’s team coordinates the specialists […]
Some business deals happen over months of negotiation. Kelcy Warren‘s purchase of Louis Dreyfus Highbridge Energy’s natural gas liquids assets happened over a weekend. Facing a narrow window to close the roughly $2 billion transaction in March 2011, Warren convened an emergency board meeting on a Friday night. The board reviewed and approved the deal that evening so Energy Transfer […]
Luciano de Vries has built a portfolio across multiple countries and sectors by applying the same underlying method to each: identify where the real value of a market diverges from the narrative assigned to it, enter before that divergence closes, and hold through the volatility that tends to precede a market catching up to its own fundamentals. Industrial hemp is […]
The agricultural communities of Idaho have produced a distinctive breed of business leader: patient, practical, deeply familiar with the consequences of decisions that play out over years rather than quarters, and possessed of a philosophical humility that comes from operating in close relationship with forces that no human can fully control. Idaho business leader Karl Studer carries this heritage into […]
Kelcy Warren has a gift for explaining complex energy market dynamics in plain language. It is part of what has made him an effective leader of Energy Transfer for decades, and it comes through clearly in how he talks about the fundamentals of pipeline economics. The Two Ways a Pipeliner Makes Money Warren breaks the business model down to two […]