Jerry Jones Seeing Massive Profits Amid Texas Storm

BYAlexander Cole3.3K Views
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Jerry Jones
The rich continue to get richer.

This has been a horrendous week for the state of Texas as millions of people have been left without power and water due to a Winter storm. The state was simply not ready for this type of climate and as a direct result of the incompetence of lawmakers, numerous people are suffering. It's an ordeal that has led to scandals involving Senator Ted Cruz and even some mayors throughout the state.

While some are having to go through a hard time as a result of the storm, it seems like others are enjoying the spoils. One of those people is none other than Dallas Cowboys owner Jerry Jones, who has been making a ton of money over the last week thanks to his investments. According to Bloomberg, Jones owner a majority stake in Comstock Resources Inc, which is a gas driller.

Jerry Jones Seeing Massive Profits Amid Texas Storm
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As a direct result of the storm, this company has been able to sell gas at some fairly exorbitant prices, which has ultimately increased the value of the company, while also bringing in tremendous profits. There is a huge demand for this natural gas right now, and the Cowboys owner has benefitted handsomely from it.

Jones is a known billionaire with ties to the oil industry, so this latest story should not come as a surprise. Regardless, it is disheartening to see rich guys continue to increase their wealth while working-class people are left with no power.

Jerry Jones Seeing Massive Profits Amid Texas Storm
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[Via]


About The Author
Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.
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