Born in 1958 in Beckley, West Virginia, Chris Cline grew up in a coal mining family. He started working in the mines at the age of 22 and soon proved himself to be a savvy businessman.
In the late 1980s, Cline founded the energy development company, the Cline Group, which focused on coal mining and power generation.
He went on to acquire several coal mines in West Virginia and Illinois, eventually becoming one of the most successful and well-known mining entrepreneurs in the world.
Who inherited chris cline’s money after he died?
According to reports, Chris Cline’s assets and wealth were distributed to his family members after his death. Cline was survived by his four children, his father, and two siblings. It is unclear exactly how his assets were distributed among them, as the details of his will have not been made public.
However, it has been reported that his children inherited the majority of his wealth, which was estimated to be around $1.8 billion at the time of his death.
In 2021, one of the side-by-side beachfront mansions that belonged to the late billionaire Chris Cline has sold for a recorded $25.7 million, the price recorded Wednesday with the deed for the property in northern Palm Beach County.
Net Worth at Death
At the time of his death in 2019, Cline had an estimated net worth of $1.8 billion, according to Forbes. His wealth came primarily from his coal mining operations, but he also invested in various other industries, including real estate, aviation, and hospitality.
Philanthropy and Legacy
Cline was known for his philanthropic work, particularly in his home state of West Virginia. He founded the Cline Family Foundation, which supports various charitable causes, including education, healthcare, and the arts.
Cline was also a major donor to the Marshall University School of Medicine, which was renamed the Joan C. Edwards School of Medicine in honor of his mother.
Cline Dies In A Helicopter Crash
Cline’s death in a helicopter crash in 2019 shocked the business and philanthropic communities, and his legacy continues to inspire many. His estate is currently being managed by his daughter, Candice Cline, who has vowed to continue her father’s philanthropic work