What is George Bishop's Net Worth?
George Bishop is an American entrepreneur who has a net worth of $3 billion. George Bishop earned the billionaire status this year as the owner of GeoSouthern, an oil producing company. It was in November 2013 that George received a huge payday after Devon Energy decided to give $6 billion in cash for the 82,000 acres of Eagle Ford shale oil fields operated by his little-known company GeoSouthern Energy. If we make rough estimations, Bishop will approximately receive a clear profit of $1.5 billion in cash from the deal, after paying out other partners in the Eagle Ford venture.
But aside from the above sum, he has some other sources of income. Through GeoSouthern, which he set up in 1981, he owns plenty of other oil and gas fields along the Gulf coast. Plus, George Bishop still owns the Eagleford Restaurant in Cuero, Texas and is a partner in the River Ridge Golf Club, just west of Houston.
