Author Topic: Oil tycoon T. Boone Pickens dies at age 91  (Read 164 times)

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Online Elderberry

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Oil tycoon T. Boone Pickens dies at age 91
« on: September 11, 2019, 05:18:24 PM »
Houston Chronicle by CLIFF BRUNT Sep. 11, 2019

T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91.

Pickens was surrounded by friends and family when he died of natural causes under hospice care at his Dallas home, spokesman Jay Rosser said. Pickens suffered a series of strokes in 2017 and was hospitalized that July after what he called a "Texas-sized fall."

An only child who grew up in a small railroad town in Oklahoma, Pickens followed his father into the oil and gas business. After just three years, he formed his own company and built a reputation as a maverick, unafraid to compete against oil-industry giants.

In the 1980s, Pickens switched from drilling for oil to plumbing for riches on Wall Street. He led bids to take over big oil companies including Gulf, Phillips and Unocal, castigating their executives as looking out only for themselves while ignoring the shareholders.


Offline austingirl

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Re: Oil tycoon T. Boone Pickens dies at age 91
« Reply #1 on: September 11, 2019, 05:24:35 PM »
RIP. My brother worked for him for a time. Never asked him about the experience.
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Online TomSea

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Re: Oil tycoon T. Boone Pickens dies at age 91
« Reply #2 on: September 11, 2019, 05:56:31 PM »
I think I read his popular book and no, I can't think of it right now. He was a Democrat too I think,  from a day Democrats were much different. May he rest in peace. I think even in the last 5 years, there was some story where clearly, he sided with the Democrats.

And he lived in Amarillo,  Visited there recently, I saw his home.

Humble yourselves, therefore, under God’s mighty hand, that he may lift you up in due time. Cast all your anxiety on him because he cares for you.

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