Billy Joe "Red" McCombs is among the State of Texas’ pride. He founded Red McCombs Automotive Group, which had its start as the Hemphill-McCombs Ford established in 1958 with Austin Hemphill, in San Antonio. He is also the founder of McCombs Energy, an energy company based in Houston, Texas.
McCombs has also been involved in the real estate industry via the Koontz-McCombs development company. His partnership with the Lowry Mays resulted in the purchase of the San Antonio-based WOAI radio station, which became the foundation for Clear Channel Communications. He is also the Chairman of Constellis Groups as well as a former owner of various sports teams including the San Antonio Spurs, the Minnesota Vikings, and the Denver Nuggets.
With his generous donation, the University of Texas’ business school was renamed the Red McCombs School of Business in his honor. He was also a former Chairman of the Board of Trustees of the Southwestern University as well as the Chairman of the M.D. Anderson Cancer Center of the University of Texas.
And because he is a Texan who can be bigger than life, McCombs has been awarded with several Hall of Fame honors, including Texas Business Hall of Fame, the San Antonio Business Hall of Fame, San Antonio Sports Hall of Fame, and the College Football Hall of Fame.
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