Rooster McConaughey net worth: American businessman, pipe supplier and owner of LP Ranch, Michael ‘Rooster’ McConaughey has a net worth of $50 million.
Born on August 2, 1954, as Michael Patrick McConaughey, Rooster McConaughey is the older brother of Oscar winning actor Matthew McConaughey. He got his name ‘Rooster’ because of his spiked haircut during his 20s. Rooster has been involved in the show-biz industry and has featured as an actor in the movies like The Newton Boys (1988) and Black Gold (2008). However, his major involvement lies in oil business.
Rooster is a pipe supplier and the owner of LP Ranch. He rose to prominence and came to media attention after starring in a new reality TV show, West Texas Investors Club on CNBC. Having been a millionaire at age 30, he is one of the prominent figures in oil pipe business in Texas.
Rooster McConaughey also owns the DGM supply which buys and sells used pipes. He’s been actively involved in several other investments in technology, ranching, real state, consumer products, water, and oil. He stars alongside his business partner Wayne ‘Butch’ Gilliam in the West Texas Investors Club, a show that has been billed as the mix of ‘Shark Tank’ and ‘Survivor’.
A self-made millionaire, Rooster McConaughey- as in Matthew McConaughey’s older brother has always looked forward to sharing his wealth and investing in promising entrepreneurs. He focuses mostly on personality over PowerPoints and character over calculations while investing, for which he’s best known in the industry.
He married Marsha Smyth in 1974, and the couple had a child before getting separated in 1977, after which he married Georganne Hurt in 1984 and got separated again. Rooster is currently married to Erica McConaughey and has two children with her named after alcoholic beverages (Miller Lyte and Margarita Olympia). Rooster currently lives in Texas, his hometown and enjoys his personal wealth of $50 million.
Quick facts about Rooster McConaughey
Full Name: Michael Patrick McConaughey
Profession: Businessman, Actor
Date of Birth: August 2, 1954
Place of Birth: Houston, Texas
Marital status: Divorced (Marsha Smyth, Georganne Hurt), Remarried (Erica McConaughey)
Astrological sign: Leo