Life and Career
Moore was born in Lake City, South Carolina, to Eugene and Loraine Moore. She graduated from the University of South Carolina in 1975 with a BA in Political Science. After school, she worked for the Republican National Committee in Washington, DC.
In 1981, Moore received an MBA from George Washington University and joined other MBAs at the Chemical Bank’s training program. During the 1980s, Moore made a name for herself while providing debtor-in-possession financing for companies going through the bankruptcy process.
In 1991, Moore married Richard Rainwater. She was named president of Rainwater, Inc, in 1993. Fortune Magazine named Moore one of the 50 Most Powerful Women In Business in 1998 and 1999. Moore is credited with increasing the Rainwater family fortune and also dismissing future Florida Governor Rick Scott from Columbia/HCA when a medicare related scandal broke. Scott and Mr. Rainwater were partners in the Texas Rangers baseball team with Texas Governor George W. Bush.
Darla Moore spends most her time in Lake City in a house built on a plantation that has been in the Moore family for six generations. The couple also owns homes in New York City, Folsom, California and Charleston, South Carolina.
Ms. Moore and Mr. Rainwater have essentially lived separately since 2001, she in South Carolina, he in Texas and California. In March 2011 a court declared him incapacitated as a result of his battle with progressive supranuclear palsy (PSP), and his youngest child, Matthew, became his legal guardian. As his illness progressed Mr. Rainwater's primary caregiver was his brother Walter until around the clock nursing care became necessary.
In 2011, Gov. Nikki Haley removed Darla Moore from the University of South Carolina board. Moore was replaced with Tommy Cofield.
In 2012, Moore and former Secretary of State Condoleezza Rice became the first two female members of Augusta National Golf Club.
Read more about this topic: Darla Moore
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