Energy trading In 1991, Perkins became a trainee for a clerk on the
New York Mercantile Exchange. In 1995, during the deregulation of the electricity market in Texas, Perkins moved to Houston to run a trade
derivatives and options desk as a trader and risk manager for
El Paso Energy,
Statoil,
AIG Energy Trading, and Zahr Securities. In 1997, he founded Small Ventures USA, L.P. the lead investor in CUTUCO Energy, a project to build a
liquefied natural gas facility and natural gas fueled
power plant in
El Salvador. In 2002, he joined his friend and former
Enron trader
John D. Arnold's new hedge fund, Centaurus Energy. He made a notable amount of trading profits for the firm, including taking the opposite side of trades that led to the collapse of
Amaranth Advisors in 2006, making Arnold the youngest billionaire in the U.S. at age 33. Despite annual gains Centaurus shut down in 2012 due to low natural gas prices. Perkins, then founded Skylar Capital, a fund to trade U.S. gas futures, options and swaps. It raised $102 million in capital in its first 3 months. In 2006, Perkins was a member of the
board of directors of NorthernStar Natural Gas.
Poker Perkins, a poker player, has entered notable events including the
World Series of Poker,
Big One for One Drop,
Triton Poker Super High Roller Series,
PokerStars Big Game, and
PokerStars Caribbean Adventure. Perkins is friends with and often plays with
Dan Bilzerian. His total live tournament winnings exceed $5.5 million of which $2.7 million came from his One Drop cash at the WSOP. Perkins says he has also lost millions and considers himself an amateur.
Others In 2017, he filed a lawsuit against the
United States Virgin Islands, claiming that he was entitled to a $5 million tax refund for tax year 2015. In May 2022, Perkins rocked the art world when he purchased "The Sugar Shack," a painting by
Ernie Barnes made famous on
Good Times, a 1970s sitcom, for $15.3 million at a
Christie's auction. ==Philanthropy==