Key Points:
- Kevin McEniry’s net worth ranges from $1.5 to $4.7 billion.
- He played a crucial role in merging Standard Welders Supply with Nexair.
- McEniry’s leadership as Nexair’s CEO focused on customer service and strategic acquisitions.
- Linde Gas & Equipment acquired Nexair in 2022, leading McEniry to step down as CEO.
- McEniry continues to invest in businesses and supports various charitable organizations.
Who’s the Boss at Nexair?
Nexair, a leading Memphis-based company, operates in the gas distribution and welding supply industry. Founded as Standard Welders Supply in 1940, it has remained a family-run business with the McEniry family at the helm.
For decades, Kevin McEniry held the CEO position, following in the footsteps of his father, Bob, and grandfather, R.Q. However, in 2022, nexAir was acquired by Linde Gas & Equipment, a division of Linde plc. McEniry passed the CEO torch to Bill Proctor, while Linde Gas & Equipment became the new president.
How Much is Kevin McEniry Worth?
As a savvy business leader, McEniry has amassed a substantial fortune. His net worth is estimated between $1.5 and $4.7 billion. His involvement in the merger of Standard Welders Supply with Nexair proved to be a turning point in his financial trajectory.
Under McEniry’s leadership, Nexair experienced significant growth and success. He prioritized customer service and pursued strategic acquisitions, propelling the company to new heights.
Kevin McEniry’s Legacy
McEniry’s contributions to the gas and welding industry are undeniable. He is recognized as a visionary leader who has profoundly impacted the sector. Transitioning from CEO to investor and mentor, he continues to share his knowledge and support businesses in the field.
Beyond his financial accomplishments, McEniry is known for his philanthropic endeavors. He supports various charities and organizations, demonstrating his commitment to giving back to the community.