After Donald Trump nominated Chris Wright, the CEO of Liberty Energy as the Secretary of the Department of Energy in his upcoming administration, curiosity about the net worth of the oil executive spiked. As per Benzinga, Wall Street's go-to source for information on companies, as of November 8, 2024, Chris Wright has an estimated net worth of around $171 million.
Wright earns a salary from Liberty Energy for serving as the company's CEO. He is also one of the promoters in the company and has holdings in several other companies, as well. He is a shareholder in the nuclear technology company Oklo Inc, based in Santa Clara, California, as well as Carbo Ceramics, a supplier of ceramic products. Notably, Wright also holds a black check company called Accretion Acquisition Corp.
Chris Wright became the latest Trump cabinet appointment after Matt Gatez (Attorney General), Tulsi Gabbard (Director of National Intelligence), Pete Hegseth (Defense Secretary), Kristi Noem (Homeland Security Secretary) and Marco Rubi (Secretary of State). The President-elect made the nomination via a statement posted on his social media platform, Truth Social, on Saturday.
"Chris has been a leading technologist and entrepreneur in Energy," Trump wrote in the announcement. He has worked in Nuclear, Solar, Geothermal, and Oil and Gas."
"Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics.”
Wright lives in Colorado, Denver with his wife, Liz, as per a bio released by Trump.