Javier Loya’s Net worth is a staggering $5 million as of 2023, and his wealth is no surprise. According to ZoomInfo, he is the founder of a company whose revenue is $100 million and a minority owner of the Houston Texans football team.
What is His Background, and How Did He Acquire Such Wealth?
Born on February 2, 1969, and raised in El Paso, Texas, United States, to Ana and Miguel Loya, Enrique Javier Loya is described as a first-generation Mexican-American.
He attended Columbia University, New York, where he majored in political science and saw football as not just a hobby but a potential career path. He played as a linebacker and a defensive end at University, but the drive was not enough to push him to the professional level. Or he had other plans? Because aside from his excellence in football, Javier was well-grounded in business.
After he graduated in 1991, he ventured into natural gas business. With two of his associates, they established Choice Energy LP in 1994. Six years later, foreseeing a market boom, Javier purchased the company from his partners, becoming the sole owner.
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Luck or perfect timing, call it whatever. However, two years later, the Texas government loosened regulations and controls on natural gas production, distribution, and pricing, giving millions of Texans the power to choose their energy provider. With such an opportunity came growth, and Loya expanded the company’s services from wholesale markets to retail commodities management. At this time, he was 33 and was already recognized by Columbia College Today as a millionaire. But was not stopping at making money. He put down investments and bought a minority stake in the Houston Texans football team, making up the ten investors of the football team owned by Janice McNair.
In 2007, Javier co-founded OTC Global Holdings as a commodity brokerage, initially acquiring Choice Natural Gas, Choice Power, and Choice Energy. OTC Global Holdings has grown to serve over 450 institutional clients in the Americas, Europe, and Asia and brags as the largest independent interdealer brokerage in the world. OTC Holdings is a top liquidity provider, offering financial and physical instruments worldwide. With offices in Chicago, Geneva, Houston, New Jersey, London, Louisville, and New York, OTC Holdings excels in contracts related to biofuels, emission derivatives, commodity index products, crude oil, metals, natural gas, natural gas liquids (NGLs), petrochemicals, refined products, power, proppants, soft commodities, and weather derivatives.
According to the company’s website, Loya is the chairman and CEO of OTC Global Holdings, a brokerage he co-founded in 2007. Located at 5151 San Felipe St Ste 2200, Houston, Texas, 77056, United States, the holdings has 250 employees and a revenue of $100,000,000.
Javier Loya Scandal
With money comes power. Oh wait, with power comes money. Yet again, whichever way suits you, know that the power can be abused. In the case of Javier, a court case looms around him, and what fate faces him is up to a judge in Kentucky.
Javier Loya’s numerous success was embellished with a scandalous accusation of rape which he denied and even passed a polygraph test. A court-obtained document revealed that the alleged rape incident occurred on May 15 and May 16, 2022, and involved four women.
WDRD gave insights into the root of the accusation. In summary, Loya hosted two parties at his home and allegedly hired female models from a local agency who accused him of sexual abuse. The women claim he touched them inappropriately, sexually spoke to them, and engaged in non-consensual actions such as grabbing their buttocks and breasts. The incidents involved touching, kissing, hair pulling, and even penetration, causing distress to the victims.
The Mexican-American businessman has been charged with one count of first-degree rape, five counts of first-degree sexual abuse and one count of third-degree sexual abuse in Jefferson County in Kentucky as of August 8, 2023. He was indicted and pleaded not guilty in May while posting a $50,000 bond.
While his charges are pending a court pretrial on August 22, 2023, with circuit court judge Ann Bailey Smith, Houston Texans have agreed to distance Javier from the club’s activities. However, Javier remains CEO of his company, OTC Holdings.
We will update on the outcomes of the case as it unfolds.
Javier Loya’s Wife And Kids
I believe the crown of a business mogul like Javier is his business-oriented wife, Lucinda Vincent Loya. In September 2019, Loya, his wife Lucinda, and several Houston entrepreneurs launched a tequila brand called Veneno Tequila.
Why the couple established a tequila brand is not far-fetched. Tequila’s importance to Mexican culture cannot be overestimated. Not only is it North America’s oldest distilled spirit, but it is intrinsically important to Mexican culture and heritage.
Danny Trejo, the Mexican-descent 5’6 fierce looking actor known for Spy Kids and Machete movies, was the first to introduce and drink a bottle of Veneno Tequila.
Lucinda Loya is an interior designing expert and owner of Lucinda Loya Interiors. She is the designer behind Lladró’s new remodel showroom in their new D & D Building suite.
Javier and his wife maintain privacy, but his wife takes it up a notch; info about her is scarce – aside from the fact she is an interior designer, fashion expert, and mother of two daughters. Nevertheless, her union with Javier gave birth to two daughters, Elena and Ana Luca.
