Fight For $1 Billion Fortune Tears Apart Moncriefs, Wildcatter Family That Shaped Fort Worth

Arlington TX

02 February, 2022

6:01 PM

Description

By Barry Shlachter, Fort Worth Report February 2, 2022 Now, a relatively new and deep family split has evolved into a brutal conflict over hundreds of millions of dollars in assets, made more complicated by the Dec. 29 death of patriarch W.A. "Tex" Moncrief Jr. at 101.Since October 2020, relatives accused kin of wrongly siphoning millions from trusts while trying to grab ranch and vacation property in Texas and Colorado. Each side claims the other extracted signatures from dying or mentally infirm relatives for documents that affect the leadership of trusts and Moncriefs' privately held operating company, Montex Drilling Co. Remarkably, the high-stakes clash among Fort Worth's most prominent philanthropists and social luminaries has unfolded without a word in the news media for more than a year. The vacuum endured despite local movers and shakers increasingly agog over a prolonged row marked by reputation-shattering name calling. To read the full article, click here. Fort Worth Report is a nonpartisan, nonprofit news organization that produces factual, in-depth journalism about city and county government, schools, healthcare, business, and arts and culture in Tarrant County. Always free to read; subscribe to newsletters, read coverage or support our newsroom at fortworthreport.org.