Texas Tech announces $5 million gift from alumnus John Billingsley

LUBBOCK, Texas – Texas Tech Athletics announced Friday a $5 million gift from Dallas businessman and alumnus John Billingsley and his wife Harriett earmarked specifically for the ongoing south end zone and Dustin R. Womble Football Center project.

 

Texas Tech announced in recent months it had surpassed the $100 million mark in charitable contributions, a key fundraising goal as part of the roughly $242 million project. The gift from Billingsley pushed Texas Tech over that mark in recent months as the athletics department now has $103 million raised as part of its largest athletic facility investment in school history. In recognition of his generous contribution, Texas Tech will name an iconic bell tower in the south end zone in honor of Billingsley.

 

“This is a monumental achievement as we celebrate John Billingsley and his family as well as all who have invested into the future of this athletics department,” Director of Athletics Kirby Hocutt said. “We can’t be more appreciative of John for his loyalty and support in helping us surpass the $100 million mark. As we look daily at the progress of this project, I firmly believe our best days are ahead thanks to the investment of so many great supporters.”

 

Billingsley, a West Texas native, is a 1961 graduate of Texas Technological College, now Texas Tech University. After earning his degree in accounting, Billingsley launched businesses in Midland and went on to a lifetime of entrepreneurship. In fact, over his illustrious career, Billingsley has become one of the top entrepreneurs in the country, building a largely successful and diverse business portfolio in fields such as accounting, banking, commercial real estate, farming, ranching, manufacturing, oil and gas, renewable energy and other disruptive and advanced technologies.

 

“I played high school football 40 miles from Lubbock. It has been a life-long passion as has giving back to my beloved West Texas region,” Billingsley said. “I know we are going to have a stadium that all Red Raiders and Red Raider alumni will be proud of. Recently, I was asked what some of the things were that have made the biggest impact on my life. My answer included attending Texas Tech. I very much appreciate and value the time I spent as a student at Tech and the experience it offered with the many people who were focused on building knowledge. It was a privilege for me.”

 

Billingsley launched Tri Global Energy in 2009 and built it into one of America’s top five renewable energy developers before selling the business for more than $500 million to Canada’s largest energy company in 2022. (Tri Global Energy has 10 wind farms located within 90 miles of Lubbock). Most recently, Billingsley started JBB Advanced Technologies to develop businesses pioneering in areas such as blockchain, artificial intelligence, and renewable energy. In March 2024, JBB Advanced Technologies sold its digital technology company acquired in late 2022 for over $12.25 billion.

 

In 2023, Billingsley was named as one of Texas Tech’s Distinguished Alumni. In addition, Billingsley has been recognized by the White House, the United State Congress, the Texas State Legislature as well as his alma mater for his innovative approach to developing renewable energy. Billingsley’s success as an energy producer is chronicled in his book, Texas Wind Force: John Billingsley, Tri Global Energy and the Vision that Fueled an Industry, which he released in 2020 through Amazon. Billingsley’s second book about his experiences as an entrepreneur is due out later this summer.

 

The south end zone and Womble Football Center project will put the finishing touches on Jones AT&T Stadium as part of the closing stages of the highly-successful Campaign for Fearless Champions. The project is expected to be completed later this summer ahead of the 2024 football season.

 

–TECH–

Release Provided By Matt Dowdy Texas Tech Athletics

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