Texas businessman Billy Joe “Red” McCombs will be the speaker at the Texas Rose Festival Men’s Lunch-eon Oct. 18 in Tyler.
Tickets to the event are sold out.
McCombs, of San An-tonio, is the founder of Automotive Group, co-founder of Clear Channel Communications, a former owner of the San Antonio Spurs, Denver Nuggets and the Minnesota Vikings, and the namesake of the McCombs School of Business at The University of Texas at Austin.
He and his wife, Charline, are recognized for ongoing philanthropy.
According to the website mccombspartners.com, McCombs automotive group is one of the leading automobile dealers in the United States. He is a member of the National Automobile Dealers Association Hall of Fame.
His business interests have included communications companies, new technologies, investments, ranching, real estate, property development, construction, oil and gas and resorts.
He has been involved in ownership of professional sports for decades. In 1973, he founded the San Antonio Spurs. In 1982, he purchased the NBA Denver Nuggets. In 1988, he re-purchased the San Antonio Spurs and purchased the Minnesota Vikings.
In 2000, McCombs gave a $50 million gift to The University of Texas at Austin College of Business Administration and Graduate School of Business, which now bears his name.
Their philanthropy has also included multi-million dollar donations to the M.D. Anderson Cancer Center. Gifts in the educational arena include the Red and Charline McCombs Field, home to The University of Texas Women’s softball team, and the Red and Charline McCombs Campus Center at Southwestern University.