Christopher Cline’s profile picture

Christopher Cline

Christopher Cline’s profile picture
Net worth 2018: $1.98 Billion
Industry: Energy
Residence: North Palm Beach, Florida
Country: United States
BirthDay: 5 July 1958
Sigh: Leo
Children: 4
Education: Drop Out, Marshall University
BIOGRAPHY

Christopher Cline was bornon 5 July 1958 in North Palm Beach, Florida, United States. Christopher Cline is #1227 in List Billionaires People In The World. Cline started working in coal mines at age 15. He bet big in the early 2000s, buying up high-sulfur coal reserves in Illinois on a belief that new tech would make the dirty fuel cleaner to burn. He took coal mining firm Foresight Energy public in 2014, and sold a controlling stake in 2015 for $1.4 billion cash. In early 2017 he opened a new mine in Nova Scotia, and has another one planned for western Canada.

NET WORTH STATISTIC
2011

$2.3 Billion

2012

$1.2 Billion

2013

$1.4 Billion

2014

$1.9 Billion

2015

$1.7 Billion

2016

$1.7 Billion

2017

$1.9 Billion

2018

$1.98 Billion

"I believe in our children's lifetimes that they'll wish they had paid us per ton to put more CO2 in the air."

Christopher Cline
TIMELINE
2013

As of March 2013, he is the majority owner of privately held Foresight Reserves LP, headquartered in St

2012

District Court in Los Angeles during the last week in September 2012, and in 2013 he was sentenced to seven years in prison

2011

On July 20, 2011, Marshall University received a donation of $5 million from the Cline Family Foundation for sports medicine research

2008

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 8 million tons annually until 2016

2005

In 2005, Foresight Energy built its Williamson longwall mining operation south of West Frankfort in Illinois

1993

He remarried in 1993, but the relationship with his second wife, Kelly, ended in divorce in 2000

1987

Breast cancer claimed Cline's first wife, Sabrina, in 1987

1980

In 1980, Cline's father bought out his partner then gave the shares to Cline, who was then 21 years old

1958

Christopher "Chris" Cline (born July 5, 1958) is an American mining entrepreneur and philanthropist

20

Cline's grandfather mined for coal with a pickax around Beckley, West Virginia in the early 20th century

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