Marvin Odum Net Worth

February 3, 2023
2 mins read

Marvin Odum was born on 13th December 1958, in the USA and is a businessman, who served as the President of one of the largest oil companies in the world, the Shell Oil Company. Moreover, Odum is also an Upstream Director of the multinational oil and gas company Royal Dutch Shell plc. He has been active in the oil business since 1982.

How much is the net worth of Marvin Odum? It has been estimated by authoritative sources that the overall size of his wealth is as much as $50 million, as of the data presented in the middle of 2017. Working for the Shell Oil Company as well as Royal Dutch Shell are the major sources of Odum’s net worth.

Marvin Odum Net Worth $50 Million

To begin with, the boy was raised in the USA, however, there is no information about his early childhood. He is a graduate from the University of Texas, having a Bachelor’s degree in Mechanical Engineering.

Concerning his professional career, he started as an engineer with the Shell company in 1982, and went up little by little, and he was eventually promoted to executive positions carrying more responsibilities every time. Odum serves as the Upstream Director of one of the world’s largest mineral oil and natural gas companies entitled Royal Dutch Shell, which is active in more than 140 countries, employing around 93,000 people worldwide, in 2015 achieving a total turnover of $265 billion. Approximately one million investors have an interest in approximately eight billion shares. The company is the Royal Dutch Shell plc in the commercial register in London on this day. The main administration is located in The Hague. In 2005, Shell generated a profit of $25.3 billion, the turnover was $379 billion. In 2007, Shell increased its profit to $31.3 billion, an increase of 23% compared to the previous year. Sales increased to $356 billion, an increase of 12%. In 2011, sales rose to $470.17 billion, the highest ever before. The net profit was $ 30.92 billion. Of course, such a success of the company, partly due to his efforts, has had a positive impact on the net worth of Marvin Odum. In addition to this, Marvin serves as a director of Shell Oil Company, which is a US-based Royal Dutch Shell International Energy Company specializing in oil, energy and fuel production. It is one of the largest fuel producers in the world, with about 22,000 employees working for the company in the US. The Shell headquarters is located in Houston.

In addition to this, he serves as a Member of the Board of the Business Roundtable and the American Petroleum Institute. Marvin is a member of the Advisory Board of the Cockrell School of Engineering, a member of the Dean’s Council of the John F. Kennedy School of Government, as well as a member of the Executive committee of the World Business Council for Sustainable Development.

Finally, in the personal life of the businessman, Marvin keeps his private life just that, and does not reveal any details. In philanthropic activities, Odum is a member of the Board of the University Cancer Foundation Board of Visitors for MD Anderson Cancer Centre.

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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