Billy Joe McCombs nicknamed "Red" for his hair color was an American businessman billionaire and founder of the Red McCombs Automotive Group known for owning 400 businesses during his lifetime including the two NBA teams, in NFL franchise San Antonio Spurs and Minnesota Vikings. McCombs, got his start selling Ford Edsels and later built a network of 55 auto dealerships in 1958. This happened when he moved to San Antonio to create Hemphill-McCombs Ford with his salesman, Austin Hemphill, which ... moreBilly Joe McCombs nicknamed "Red" for his hair color was an American businessman billionaire and founder of the Red McCombs Automotive Group known for owning 400 businesses during his lifetime including the two NBA teams, in NFL franchise San Antonio Spurs and Minnesota Vikings. McCombs, got his start selling Ford Edsels and later built a network of 55 auto dealerships in 1958. This happened when he moved to San Antonio to create Hemphill-McCombs Ford with his salesman, Austin Hemphill, which was the foundation for what ultimately became the Red McCombs Automotive Group. In 1972 co-founded radio giant Clear Channel Communications, which he used to run advertisements for his businesses. He went on to own companies like San Antonio Force, Denver Nuggets, the Minnesota Vikings, and was the namesake of the McCombs School of Business at the University of Texas at Austin. McCombs was on the Forbes 400 list of richest Americans winning awards like Texas Treasure Business Award for providing employment to Texas citizens and Texas Business Hall of Fame in 1998. He was also a philanthropist who donated $30 million in 2005 to Detection and Treatment of Cancer which was later named after him and his wife.
