Age, Biography and Wiki
Chris Cline is an American coal mining entrepreneur and philanthropist. He is the founder and CEO of Cline Mining Corporation, a coal mining and development company based in Beckley, West Virginia. Cline is also the founder of the Cline Group, a private investment firm.
Cline was born in Isaban, West Virginia, and grew up in nearby Beckley. He attended Marshall University in Huntington, West Virginia, where he earned a degree in business administration. After college, Cline began working in the coal industry, eventually founding Cline Mining Corporation in 1980.
Cline has been involved in numerous philanthropic endeavors, including the Cline Family Foundation, which provides scholarships to students in West Virginia. He has also donated to numerous charities, including the Make-A-Wish Foundation and the American Red Cross.
As of 2021, Chris Cline's net worth is estimated to be roughly $1.5 billion.
Popular As |
Christopher Cline |
Occupation |
Businessman |
Age |
61 years old |
Zodiac Sign |
Cancer |
Born |
5 July, 1958 |
Birthday |
5 July |
Birthplace |
Isaban, West Virginia, U.S. |
Date of death |
July 4, 2019, |
Died Place |
Abaco Islands, The Bahamas |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 5 July.
He is a member of famous Businessman with the age 61 years old group. He one of the Richest Businessman who was born in United States.
Chris Cline Height, Weight & Measurements
At 61 years old, Chris Cline height not available right now. We will update Chris Cline's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Chris Cline's Wife?
His wife is Sabrina J. (nee Holley) Cline (m. 19??; died 1987)
Kelly Cline (m. 1993-2000)
Family |
Parents |
Not Available |
Wife |
Sabrina J. (nee Holley) Cline (m. 19??; died 1987)
Kelly Cline (m. 1993-2000) |
Sibling |
Not Available |
Children |
Kameron N. Cline, Candice L. Cline, Christopher L. Cline, Alex L. Cline |
Chris Cline Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Chris Cline worth at the age of 61 years old? Chris Cline’s income source is mostly from being a successful Businessman. He is from United States. We have estimated
Chris Cline's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
US$1.8 billion (2019) |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Businessman |
Chris Cline Social Network
Timeline
On July 4, 2019, Cline died in a helicopter crash in Grand Cay, Bahamas. He was 60 years old.
Illinois holds a 250-year supply of coal, providing the state with the largest recoverable coal reserve in the United States. In 2017, the state consumed nearly $1.4 billion of coal, with coal mining operations located in 12 counties. However, Illinois coal has too much sulfur to be burned by most power plants because of pollution control requirements. Cline, who spent $300 million on mining rights and equipment in Illinois in the 1990s, had foreseen that the United States Environmental Protection Agency would require power plants to use scrubbers in removing pollutants, which would bring coal back into viability for electricity generation.
In 2015, Jasper Reserves, LLC, owned by Cline, donated one million dollars to Super PACs supporting the presidential candidacy of Jeb Bush.
In 2014, Chris Cline Athletic Complex, an indoor football practice facility at Marshall University, was dedicated for Cline.
On August 20, 2012, Vivek Shah was arrested for the attempted extortion of Chris Cline, Harvey Weinstein, and three other individuals. On or around June 26, 2012, Shah threatened to kill members of Cline's family if $13 million was not wired to an offshore bank account. A seven-count felony indictment against Shah was filed in U.S. District Court in Los Angeles in September 2012, and in 2013 he was sentenced to seven years in prison.
In May 2011, the School of Medicine and the Department of Intercollegiate Athletics of West Virginia University received a $5 million donation from Cline through his Cline Family Foundation. The donation created the Christopher Cline Chair in Orthopaedic Surgery and helped fund a new basketball practice facility.
In July 2011, Marshall University received a donation of $5 million from the Cline Family Foundation for sports medicine research.
In 2011, Cline's daughter Candice, a director of a foundation, married James Graham Kenan.
Cline defended coal as a source of low-cost energy, saying in a 2010 interview "As far as the social acceptability of coal, I like to think I’m part of supplying the cheapest energy in America."
The company SNL Financial reported in 2008 that Deer Run coal mine in Montgomery County, Illinois, a project of Cline's Hillsboro Energy LLC, would produce up to eight million tons annually until 2016. In the same report, Cline's representatives stated he was aiming for an annual coal production of 60 million tons from his Illinois operations.
Cline owned two megayachts that he christened "Mine Games". The first was a 164-footer built by Trinity Yachts, delivered in 2008. He sold the yacht in 2013, later purchasing another 205-foot (62 m) larger luxury yacht that he also christened "Mine Games". Mine Games, which had five staterooms and its own submarine, was designed and built by Italy-based Benetti in 2010. Cline sold the yacht in the fall of 2018.
In 2005, Cline Group built its Williamson longwall mining operation south of West Frankfort, Illinois.
Cline's first wife was Sabrina J. Holley Cline. They had a daughter, Candice. In September 1987, Cline's first wife died from breast cancer. She was 28 years old. In 1993, Cline married Kelly, his second wife. In 2000, Cline divorced Kelly Cline. Cline had two sons and two daughters, Christopher Logan Cline, Alex Tanner Cline, Kameron Cline, and Candice Cline.
Cline's grandfather mined for coal with a pickaxe around Beckley, West Virginia, in the early 20th century. At the age of six, Cline's father, Paul, asked him to fill a paper bag with dirt, paying him a penny for each bag. Cline dug the dirt from under the porch of their bungalow in Isaban, West Virginia. His father used the dirt bags in mine-blasting. Within two years, their porch had collapsed. According to Cline, his father had told him to "support the roof better". In 1980, Cline's father bought out his partner then gave the shares to Cline, who was then 21 years old.
In 1980 at age 22, Cline became an underground miner and founded his own energy development company, the Cline Group in 1990. In 2006 he organized Foresight Energy to manage his Illinois Basin coal rights. Foresight Energy went public in 2014 on the New York Stock Exchange. Cline sold off most of his share of Foresight in 2015, for $1.4 billion.
Chris Cline (July 5, 1958 – July 4, 2019) was an American billionaire entrepreneur and philanthropist. He had been the majority owner of Foresight Reserves LP, headquartered in St. Louis, Missouri. Regarded by Bloomberg as having been the "New King Coal", Cline was considered to have been responsible for reviving the Illinois coal industry. His company has more than three billion tons of coal reserves across Illinois and the Northern Appalachian Mountains.
Cline was born in Beckley, West Virginia on July 5, 1958. Cline's father was Paul Cline. Cline's mother was Lassie Justice Cline.