How much is Jim Bob Moffett worth?

How much is Jim Bob Moffett worth?

The estimated Net Worth of James R Moffett is at least $84.8 Million dollars as of 28 August 2015. James Moffett owns over 100,000 units of Freeport-McMoRan Inc stock worth over $4,423,614 and over the last 18 years James sold FCX stock worth over $80,414,744.

Is Jim Bob Moffett still alive?

James “Jim Bob” Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. Moffett died on Friday night in Austin, Texas. His health had declined in recent years, and he had contracted Covid-19, according to his older son, James R.

Who is Jim Bob Moffet?

STEAMBOAT SPRINGS — James “Jim Bob” Moffett was a geologist, a former college football player and oil wildcatter, who built Freeport-McMoRan into one of the world’s leading natural resource companies. “He was a larger-than-life character,” Steamboat Springs photographer Rob Hanna said of Moffett, who died Jan. 8 at 82.

Where did Jim Bob Moffett live?

James Robert Moffett was born in Houma in 1938 and lived in Golden Meadow until he was 5, when his father disappeared and his mother moved him and his sister to Houston.

Who is the owner of Freeport McMoRan?


Type Public
Founder Eric Pierson Swenson, et al
Headquarters Freeport-McMoRan Center Phoenix
Area served Worldwide
Key people Gerald J. Ford, Chairman Richard Adkerson, President & CEO Kathleen L. Quirk, CFO

Who is Jim Moffett The racer?

Christopher Lawford
Christopher Lawford: Jim Moffett.

How many mines does Freeport McMoRan own?

In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.

Does Freeport mine gold?

Through its subsidiary, PT-FI, FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia.

Is Freeport-McMoRan a good investment?

On balance, Freeport-McMoRan is an attractive stock to buy and a great way to play a positive outlook on copper. That said, it needs to be bought with a long-term view in mind as history suggests commodity prices oscillate around a trend.

Who owns Grasberg?

Freeport McMoran
Grasberg has produced 528 billion ounces of copper and 53Moz of gold during the period between 1990 and 2019. The mine is jointly owned by Freeport McMoran (48.8%) and Inalum (51.2%).

What do Freeport-McMoRan do?

Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.

Will FCX stock go up?

Will Freeport-McMoRan stock price grow / rise / go up? Yes. The FCX stock price can go up from 39.630 USD to 46.300 USD in one year.

Who is Jim Bob Moffett?

James R. “Jim Bob” Moffett, born in Houma, Louisiana, educated in Texas and for years a denizen of Uptown New Orleans, made his name in the oil and gas industry as a successful wildcatter, drilling one hole after another in the mineral-rich lowlands of Louisiana and bringing up large quantities of hydrocarbons.

Who was Bubba Moffett and how did he die?

His son Bubba said Moffett died of COVID-19 complications Friday at his home in Austin, Texas, according to The Times-Picayune/New Orleans Advocate. Moffett had been ill for several years.

What did Steven Moffett do for the environment?

In particular, Moffett became a target of environmental activists who charged that his company’s various mining activities had harmful effects on air and water quality. In time Freeport-McMoRan became best known for the copper and gold mining activities it undertook in Indonesia.

What does the departure of Joe Moffett mean for New Orleans business?

But the departure of Moffett from his company’s board marks a symbolic end to a memorable chapter in New Orleans business history. During his years as a business activist, Moffett forced New Orleans to take a harder look at its economic future.