Red McCombs (Billy Joe McCombs) is an American businessman; founder of the Red McCombs Automotive Group in San Antonio, Texas, a co-founder of Clear Channel Communications which became iHeartMedia, chairman of Constellis Group, a former owner of the San Antonio Spurs, San Antonio Force, Denver Nuggets, the Minnesota Vikings, and the namesake of the McCombs School of Business at the University of Texas at Austin.
In 2012, the San Antonio Express-News reported McCombs’ net worth at $1.4 billion. He was ranked the 913th richest man in the world. Two other San Antonio men at the time, Charles Butt of the H-E-B supermarket chain and Rodney Lewis, a natural gas driller, finished above McCombs on the list. In 2017, Forbes placed the value of McCombs’ fortune at $1.6 billion with a ranking of No. 1,290 on a list of the world’s billionaires.