William Herbert Hunt (birthed March 6, 1929) is an American oil billionaire. Inning accordance with Forbes, since January 2015 his total assets is approximated at $2.0 billion.
Early life
In 2012, marketed his business Petro-Hunt’s in the Bakken shale area to Halcon Resources for $1.45 billion, lifting his internet riches to an approximated $3 billion or even more.
Individual life
William Herbert was birthed in 1929 to Lyda Bunker as well as the oil well wildcatter H. L. Hunt.
Job
In the 1970s Hunt and also his bro Nelson Bunker Hunt got 195 million ounces of silver, worth virtually $10 billion at the height. When the rate of silver broke down 80% in 1980 the siblings their lot of money in the silver trading detraction called Silver Thursday; with each other they lost a billion bucks. William Herbert declared bankruptcy in 1990, yet returned to power [explanation required] years later on.
Hunt resides in Dallas, Texas,
AT LEAST $1.7 BILLION | 89 YEARS OLD | UNITED STATES
Primary Position: Advisor, Petro-Hunt
Father Haroldson Lafayette Hunt, who went by H.L. Hunt, ran a cotton plantation in Arkansas in 1905. The plantation was flooded out by 1917. In 1921, he won an oil field in a game of cards and developed it into a global oil empire named Hunt Oil. He died in 1974, at the age of 85. William Herbert Hunt: His early career is unclear. He previously worked as a Vice President at Hunt Oil. In 1974, Herbert and Nelson formed their own independent oil company.
Source:
- Wikipedia
- wealthx