Mack C. Chase's Net Worth and Legacy
Mack C. Chase, an American businessman, had an impressive net worth of $910 million. He is best known for founding Mack Energy Corporation, where he served as president. Over more than five decades of working in the oil and gas fields, Chase built a reputable business that today operates in sectors such as farming, aviation, insurance, ranching, drilling, piping, and real estate.
Entrepreneurial Ventures
Chase's entrepreneurial spirit led him to establish multiple companies including Texas Deerhorn Aviation, Avion, the Arrowhead Pipe and Supply Company, Carlsbad Insurance Company, and Marbob Energy Corporation. His ventures span diverse industries, further demonstrating his versatility and business acumen.
Community Contributions
A proud alumnus of Artesia High School, New Mexico (class of 1950), Chase remained closely connected to his roots. He placed the headquarters of his business in Artesia, contributing significantly to the local economy and community. Notably, he organized a scholarship program for current students, generously donating over one million dollars towards their higher education.
Awards and Recognitions
Throughout his career, Chase has received numerous accolades. In the early 1980s, he was named Businessman of the Year by the Artesia Chamber of Commerce. Furthermore, he earned 'Boss of the Year' honors from a hometown organization and 'Corporate Business of the Year' recognition from the chamber of commerce.
Mack C. Chase's legacy is not only marked by his substantial net worth but also by his significant contributions to various industries and his unwavering commitment to his community.
