Jim Crane Net Worth

May 28, 2023
1 min read

James Robert “Jim” Crane was born in 1954 in Dellwood, Missouri USA, and is a businessman, best known to the world as the founder of the Eagle USA Airfreight and Crane Capital Group. His career in business has been active since the 1980s.

Have you ever wondered how rich Jim Crane is, as of mid- 2016? According to authoritative sources, it has been estimated that Jim`s net worth is as high as $2 billion, an amount he has acquired through his successful career as a businessman. He has also expanded his kingdom into sports, owning the Houston Astros of the MLB.

Jim Crane Net Worth $2 Billion

Jim went to the Lutheran High School North in St Louis, from which he matriculated in 1972. After finishing high school, he enrolled at the Central Missouri State University, and graduated with a degree in industrial safety four years later, also palying baseball for the University team. Following graduation, he found employment in the insurance business, however, after four years later he moved to Houston, and after another four years, he founded the Eagle USA Airfreight with a loan from his sister, which operated as a freight logistics business. Little by little his company grew, and he changed the name to Eagle Global Logistics. After a while he changed the name again to the EGL Inc. and expanded company`s operations to information service business and supply chain management.

However, in 2007 his company merged with the CEVA Logistics; Jim wanted to buy out his shares, however, he wasn`t satisfied with the stock prices, and so took the profit from his company and started another one, Crane Worldwide Logistics which opened for business in 2008, and in no time became one of the best global providers of customized transportation and logistics services. Through the company, he also owns and chairs Champion Energy Holdings LLC. Also, he is the director of the Fort Dearborn Life Insurance Company. Furthermore, Jim started the Crane Capital Group, through which he has invested in such companies as Western Gas Holdings, LLC, among other companies, and the successful business operations of which have largely increased his net worth.
In 2011, Jim bought the baseball team Houston Astros for $680 million; he managed to restore the success of the franchise, bringing them into the MLB league in 2013. The success of the team has added further funds to his net worth, as well as lifting his reputation.

Also, Jim is the owner of the The Floridian National Golf Club in Florida, being a very keen golfer himself.

Regarding his personal life, Jim was married to Franci Neely for 21 years, before the two divorced in 2011. There are no details whether the couple had children or not.

Jim is also a well-known philanthropist – in 1998 Crane donated $1.2 million to upgrade his alma mater’s baseball stadium, which is now named in his honour. To his high school they donated $1 million to improve athletic facilities, and they are keen supporters of The Museum of Fine Arts in Houston.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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