Age, Biography and Wiki

Clarence Scharbauer Jr. was born on 6 July, 1925 in Midland, Texas, U.S., is an A 20th-century american philanthropist. Discover Clarence Scharbauer Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 88 years old?

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Occupation Rancher, oilman, banker, horsebreeder
Age 88 years old
Zodiac Sign Cancer
Born 6 July 1925
Birthday 6 July
Birthplace Midland, Texas, U.S.
Date of death 21 February, 2014
Died Place Midland, Texas, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 6 July. He is a member of famous banker with the age 88 years old group.

Clarence Scharbauer Jr. Height, Weight & Measurements

At 88 years old, Clarence Scharbauer Jr. height not available right now. We will update Clarence Scharbauer Jr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Clarence Scharbauer Jr.'s Wife?

His wife is Dorothy Turner

Family
Parents Clarence Scharbauer Ruth Cowden
Wife Dorothy Turner
Sibling Not Available
Children 3 sons, 1 daughter

Clarence Scharbauer Jr. Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Clarence Scharbauer Jr. worth at the age of 88 years old? Clarence Scharbauer Jr.’s income source is mostly from being a successful banker. He is from United States. We have estimated Clarence Scharbauer Jr.'s net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income banker

Clarence Scharbauer Jr. Social Network

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Timeline

1925

Clarence Scharbauer Jr. (July 6, 1925 – February 21, 2014) was an American rancher, oilman, banker, horse breeder and philanthropist.

He was inducted into the American Quarter Horse Hall of Fame and the Horse Racing Hall of Fame.

Clarence Scharbauer Jr. was born on July 6, 1925, in Midland, Texas.

His father, Clarence Scharbauer Sr., was a rancher.

His paternal great-uncle was a large rancher from New York.

His paternal great-great-grandfather was an immigrant from Germany.

1942

Scharbauer attended Texas A&M University for one semester, until he dropped out in 1942 when his father was diagnosed with cancer.

During World War II, he served in the United States Navy.

Scharbauer inherited his father's 350,000-acre ranches, including Valor Farm in Pilot Point, Texas, which cumulatively has "produced more than one billion barrels of oil", and oil investments.

He was the recipient of the Golden Spur award for ranching.

Scharbauer served as the chairman of the First National Bank of Midland, but the bank failed.

Scharbauer was a horse breeder.

He was the owner of the Kentucky Derby winner Alysheba.

1959

Scharbauer married to Dorothy Turner, whose father, Fred Turner Jr., won the 1959 Kentucky Derby with a horse named Tomy Lee.

The couple had four children: sons Clarence Scharbauer III, Douglas, and Chris, and daughter Pamela.

2005

He was widowed in 2005.

2007

He was the recipient of the lifetime achievement award from the Texas Thoroughbred Association in 2007.

Scharbauer made charitable contributions to Midland College (where the Scharbauer Student Center is named in his honor) and the Midland Memorial Hospital (where the Dorothy and Clarence Scharbauer Jr. Patient Tower is named after he and his wife).

Additionally, the Scharbauer Sports Complex was named after him after another donation he made.

Scharbauer was also the founder of the Scharbauer Foundation, a philanthropic foundation.

2014

Another horse he owned, Fiftyshadesofgold, won the Texas Stallion Stakes at the Sam Houston Race Park on February 15, 2014.

He was inducted into the American Quarter Horse Hall of Fame and the Horse Racing Hall of Fame.

Scharbauer died on February 21, 2014, of complications following emergency surgery.

He was eighty-eight years old.

Scharbauer's children are active in business and politics.

2018

Clarence Scharbauer III, serves as the Chairman of the Board of Trustees of Texas Christian University as of 2018–2019.

Douglas Scharbauer continues to race horses and purchase mineral rights.

In the 2018 election cycle, he was the top donor to Texas Attorney General Ken Paxton.