In our article titled “Janice McNair 101: Who is the Successful Businesswoman?” on Zatrun.com, we will delve into everything you need to know in detail about Janice McNair, the successful businesswoman that our readers are curious about.
Who is Janice McNair?
Janice McNair was born on September 30, 1936, and grew up in Myrtle Beach, South Carolina. She attended Columbia College, a private women’s liberal arts college, where she met her future husband Bob during her college years.
Janice Suber McNair is the co-founder and current owner of the Houston Texans, a position she assumed after the death of her husband Bob McNair in 2018.
During a significant part of her career, McNair, together with her husband, was involved in the founding of Cogen Technologies, which was later sold to Enron and CalPERS. In 1999, she and her husband founded the Texans. Following her husband’s death in 2018, McNair became the principal owner of the team and assumed the title of “senior chair.” Her son Cal is the current CEO and responsible for the team’s day-to-day operations. However, Janice represents the Texans at NFL owners’ meetings and other league functions.
McNair is one of ten female NFL team owners or partners. Others include Virginia Halas McCaskey (Chicago Bears), Kim Pegula (Buffalo Bills), Carol Davis (Las Vegas Raiders), Dee Haslam (Cleveland Browns), Amy Adams Strunk (Tennessee Titans), Gayle Benson (New Orleans Saints), Sheila Ford Hamp (Detroit Lions), Denise DeBartolo York (San Francisco 49ers), and Jody Allen (Seattle Seahawks). McNair’s reported net worth is considered to be 4 billion US dollars. She is also currently the wealthiest female sports owner in the United States.
In 1989, Janice McNair and her husband Robert established the Robert and Janice McNair Foundation. The foundation aimed to remove some financial barriers that prevented graduates of Rutherford County High School from attending college. The first beneficiaries were from the class of 1990. To date, the McNair Foundation has provided approximately $2.6 million in financial assistance.
In August 2019, McNair donated $5 million to Pro Vision Inc., a community-building project in Houston’s Sunnyside neighborhood. This was reported as the largest donation ever made by an NFL owner. During the COVID-19 pandemic in Houston, McNair contributed $1 million to the Houston Rental Assistance Fund to help apartment residents who were at risk of eviction during the pandemic-induced economic downturn.