Clayton Riddell Net Worth

Global Energy Crisis

Clayton Riddell Net Worth
Category:
Richest Business › Richest Billionaires
Net Worth:
$4 Billion
Gender:
Male
Profession:
Geologist
Nationality:
Canada

What is Clayton Riddell's Net Worth?

Clayton Riddell was a Canadian businessman who had a net worth of $4 billion at the time of his death. Clayton Riddell earned his fortune as the founder, president and CEO of Calgary, Alberta based Paramount Resources. Unfortunately, Clayton Riddell died on September 16, 2018.

Having graduated with a Bachelor of Science (Honors) in Geology from the University of Manitoba, Riddell started his career as a geologist with Chevron in 1959. After ten years, Clayton aka "Clay" left Chevron to start his own business, C.H. Riddell Geological Consultants Ltd. Then in 1974, Clay established his private firm Paramount Oil & Gas Ltd. Four years later, he decided to incorporate Paramount Resources Ltd., plus he sold 40% of the company to the public in an IPO, raising $5 million. Even though he has stakes in more than five Canadian energy companies, his major investment is still Paramount Resources, which assumed total control of ProspEx Resources in April 2011. Also, Riddell owns a partial stake in the Calgary Flames, as well as high-end Calgary restaurant Catch. Among other things, Clay was named president of the Canadian Society of Petroleum Geologists and chair of the Canadian Association of Petroleum Producers.

Clayton Riddell, founder of Paramount Resources and co-owner of the
Clayton Riddell, founder of Paramount Resources and co-owner of the

Clayton Riddell, co-owner of the Calgary Flames and founder of
Clayton Riddell, co-owner of the Calgary Flames and founder of

Clayton Riddell, co-owner of Flames and founder of Paramount Resources
Clayton Riddell, co-owner of Flames and founder of Paramount Resources

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