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McCombs Enterprises is the Family Office for Texas businessman, Red McCombs. Red McCombs is the founder of Red McCombs Automotive, former owner of the San Antonio Spurs, Denver Nuggets, and Minnesota Vikings, founder of Clear Channel Communications, and namesake of the McCombs School of Business at The University of Texas at Austin. He has owned more than 400 businesses in his career, and continues to grow that number today. McCombs Enterprises serves as his family office and headquarters for all business activities. Red, his family, and the McCombs Foundation have made gifts well surpassing $175 million, including major gifts to the business college at The University of Texas at Austin, as well as to the M.D. Anderson Cancer Center in Houston. Red McCombs Automotive, under the helm of daughter Marsha McCombs Shields since 2002, is still a consistent member of the Top 100 Dealers in the U.S. In addition to the upstream activities in Texas, Red has oil and gas investments across the continental U.S., offshore, and in international plays as well. Red has built a handpicked real estate team with a wide range of expertise in order to continue the legacy he started. Several of his larger projects and developments are under the McCombs Properties name. Acting as the investments arm of McCombs Enterprises, McCombs Partners is the newest addition to Red's ever-growing portfolio. Through the McCombs Partners team, Red and his family invest in all kinds of businesses, from startups to fully operational and mature companies, in any industry.
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