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Who was Mack C. Chase and what was his net worth before death?

Founder of Artesia-based Mack Energy Corporation and Chase Farms, Mack Chase , died on Monday in Artesia at 92.

In a statement, New Mexico House Republican members Jim Townsend, Cathrynn Brown and Jimmy Mason remembered Chase for his sense of community and work in the oil and gas industry.

“We express our condolences to the Chase family, Mack Energy employees, and the community who will no doubt feel the loss of Mack, who championed our communities and oil and gas industry in New Mexico,” they said.

Mack Chase
New Mexico oilman, philanthropist Mack Chase dies at 92

Who was Mack Chase ?

Mack C. Chase was born April 29th, 1931, the 4th of 8 children to Edgar and Marie Chase.

Upon graduation he served in the Army and was stationed in Korea from 1951 to 1953.

In the early years Mack worked on pulling units with Chase Well Service and in 1979 formed Marbob Energy with John R. Gray.

In 1990 Mack founded Mack Energy Corporation, an oil and gas production operating company.

Mack and his wife Marilyn were married for 63 years before her passing in December 2016.

They have two sons, Robert and Richard, one daughter, Gerene, six grandchildren, and 2 great grandchildren.

Mack Chase Biography

In 1983 Mack was recognized as “Businessman of the Year” by the Artesia Chamber of Commerce; in 1997 he was Artesia Desk and Derrick’s “Boss of the Year;” in 2000 Mack Energy Corporation was recognized as the Artesia Chamber of Commerce’s “Corporate Business of the Year.”

In 2005 Mack was awarded a lifetime achievement award from the Artesia Public Schools for his support and generosity over the years.

A proud and compassionate person, he has always been a staunch supporter of youth and community organizations.

He was honored as the 2016 Top Hand by the Permian Basin Petroleum Association.

How much is Mack Chase worth?

Mack Chase BiographyMack Chase death

New Mexico oilman and philanthropist Mack Chase died at age 92 on October 2, 2023.

Mack Chase Net Worth

Mack C. Chase is an American businessman who had a net worth of $910 million at the time of his death.

As of June 2017, Chase was the richest person in New Mexico.

Forbes, as recently as 2019, named Mack Chase the richest person in New Mexico, with a net worth of $700 million.

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Simon Kabutey
Simon Kabutey
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