He was named one of “Forbes” magazine’s top 400 wealthiest Americans in 2005. In the year 2012, the “San Antonio Express-News” reported McCombs’ net worth at $1.4 billion. He was rated the 913th wealthiest guy on the planet. Two other San Antonio guys, Charles Butt of the heb supermarket chain and Rodney Lewis, a natural gas driller, were set above McCombs to the list. The business school in the University of Texas was renamed the Red McCombs School of Business in acknowledgement of a fifty million-dollar gift to the university. McCombs is the receiver of the Texas Legend Award in the Texas Automobile Dealers Association as well as the Living Legend award in the New Braunfels Chamber of Commerce. He’s received honorary degrees from Southwestern University, the University of Texas at San Antonio, and Texas Lutheran University. He also sits in the board of eCommerce business Cinsay Inc.. He’s Chairman of the Board of Directors of Academi.