Timothy Headington Net Worth

Timothy Headington has an estimated net worth of $1.5 billion, according to Forbes Real-Time Billionaires, Timothy Headington profile (figures as of October 20, 2026). That is down from a peak of $1.6 billion.

Timothy Headington is an American business owner, film producer, and real estate developer. He founded Headington Oil in 1978 after being influenced by his geologist father. In 1984, he moved the company to Dallas. A major turning point came in 2008, when he sold his North Dakota oilfields to XTO Energy. That deal, along with his broader investments, helped make him known in energy and business circles.

His work later expanded well beyond oil and gas. Headington backed films including Hugo, Argo, World War Z, and the 2018 reboot of Lara Croft: Tomb Raider. In Dallas, he invested in downtown properties and owns the Joule Hotel and department store 4510, while also partnering on a Virgin Hotel with Richard Branson. After the University of Oklahoma, he earned graduate degrees in theology and psychology at Fuller Theological Seminary.

How Timothy Headington makes money

Headington’s wealth is tied mainly to oil and gas, plus investments. He started Headington Oil in 1978 and built the business over time, then made a major move in 2008 by selling his North Dakota oilfields to XTO Energy. That sale stands out as one of the clearest moments in his business story. Forbes tracks him in the energy industry, while also noting his investments as part of the mix.

He also put money into entertainment and Dallas real estate. His film financing helped support Hugo, Argo, World War Z, and the 2018 reboot of Lara Croft: Tomb Raider. In downtown Dallas, he owns the Joule Hotel and 4510, and he has partnered on a Virgin Hotel with Richard Branson. Alongside business, he cofounded the Headington Institute, which supports humanitarian workers and first responders.

Forbes net worth updates

Forbes estimated Timothy Headington’s fortune at $1.2 billion on its 2026 World's Billionaires List, and Forbes' real-time billionaires tracker put him at $1.5 billion as of October 20, 2026. Over the years covered by Forbes, his estimate moved within a fairly narrow band. It was $1.5 billion in 2019, dipped to $1.2 billion in 2020, climbed to $1.6 billion in 2023, then returned to $1.2 billion in 2024.

The broad outline of that fortune is consistent across the years. Oil and gas remain central, especially through the company he founded and the earlier sale of his North Dakota oilfields. At the same time, his portfolio stretches into film and property projects in Dallas, which helps explain why Forbes connects his wealth to both energy and investments rather than to a single business line.