Another giant of the oil industry in the early years is J. Paul Getty.
He always claimed that his formula for success included, "Rise
early. Work late. Strike Oil!" Getty was born into the oil
industry, as his father was an insurance company attorney in the
fledgling industry. Getty acquired oil companies in the Oklahoma oil
boom. Getty based his wealth not on discovering oil, but buying and
selling of oil concession. His insight and deal making won Getty many
oil fields in the newly opened oil rich middle east.
He was considered the United State’s first billionaire in 1957, but
was noted for his "weirdness." During World War II, he spent
most of his time in a concrete bunker in Tulsa, Oklahoma. But when he
died in 1976, he was heralded as a symbol of the entrepreneur and master
of the deal.
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J. Paul Getty (1938)
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