How much was HL Hunt worth?
In 1957, Fortune estimated that Hunt had a fortune of $400–700 million, and was one of the eight richest people in the United States. J. Paul Getty, who was considered to be the richest private citizen in the world, said of Hunt, “In terms of extraordinary, independent wealth, there is only one man—H. L. Hunt.”
Who is oilman HL Hunt?
H. L. Hunt (1889-1974) was an entrepreneur who built a financial empire from a small early investment in oil in Arkansas. In his later years he was perhaps the world’s richest man.
How did the Hunt family get rich?
#18 Hunt family The Hunt family’s fortune originates with oil wildcatter H.L. Hunt, who inspired the J.R. Ewing character on the long-running TV series “Dallas.” His eldest children, the late Margaret and H.L. Hunt III, sold his Hunt Petroleum to XTO Energy in 2008 for $4.2 billion in cash and stock.
Did HL Hunt have two families?
Hunt’s two families. H. L. Hunt and his first wife, the former Lyda Bunker, had six children — Nelson Bunker, W. Lamar Hunt is the owner of the Kansas City Chiefs football team and a promoter of profet‐sional tennis.
Who tried to buy all the silver?
In finance, the term “Silver Thursday” refers to March 27, 1980, an infamous trading day in which the price of silver collapsed. The collapse was precipitated by the failed attempt of three brothers—Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt—to corner the market in silver.
Who was HL Hunt married to?
Lyda Bunkerm. 1914
H. L. Hunt/Spouse
Hunt was married in 1914 to Lyda Bunker of Lake Village, Ark., a woman three weeks older than he. She died in 1955. In November, 1957, he married Mrs. Ruth Ray Wright, who met him many years before when working for his lawyers.
Was the TV show Dallas based on a real family?
The “Dallas” character was based on the real-life Ray Lee Hunt, the Dallas billionaire oilman. Hunt’s father H.L. Ray set himself apart from his many siblings (who in 2008 sold Hunt Petroleum to XTO Energy for $4.2 billion) by forging out on his own with Hunt Oil.
What did the Hunt brothers do that was illegal?
But that’s exactly what the brothers did – they took possession of the silver instead of just selling the contracts. Bunker Hunt was worried the U.S. government might confiscate his silver, like it had done with gold in 1933. Also, he could not bring the silver into Texas without paying a 5 percent state tax.
How much did the Hunt brothers lose?
The brothers’ losses were estimated at $1.7 billion, prompting Mr. Hunt to shrug and say, “A billion dollars isn’t what it used to be.” In 1986, both brothers declared bankruptcy.