Oil magnate T. Boone Pickens dead at 91

Discussion in 'Wall St. News' started by vanzandt, Sep 11, 2019.

  1. vanzandt


    By Brittany De LeaPublished September 11, 2019

    T. Boone Pickens dead at 91
    Known as the oracle of oil, Pickens died peacefully at his home in Texas.

    Oil tycoon T. Boone Pickens died Wednesday at the age of 91.

    Pickens died of natural causes at his home in Texas, surrounded by family and friends.

    Pickens is survived by five children and 11 grandchildren.

    President George W. Bush on Wednesday sent his condolences to Pickens’ family, calling the businessman “bold, imaginative and daring.”

    A health and fitness advocate who famously challenged President Barack Obama to a 1-hour workout, he suffered a series of strokes and 2017, but was able to battle back.

    Pickens also influenced the Trump administration, having had numerous discussions regarding energy policy with Donald Trump during his presidential campaign.

    Pickens was a self-made oil mogul, who had a lasting influence on Wall Street, too. He was one of the first businessmen to push for shareholder rights, advocating for executives to be compensated with stock, as reported by The New York Times.

    Pickens worked for Phillips Petroleum early in his career. He founded Mesa Petroleum in the 1950s.

    He was known as a corporate oil raider -- he regularly bought a large amount of shares in companies that appeared to be undervalued.

    He was a philanthropist who donated more than $1 billion to charity, as well as a major Republican Party donor.

    The oil tycoon was a big Oklahoma State University fan – his alma mater. The football stadium is named after him.
  2. Nobert


  3. easymon1


  4. %%
    Good link vanzan;
    he was an unusual leader in oil +nat gas business/ranching + quail hunter/quail shooter. His books, while some times ''crude'', LOL ,are a fun , informative read.He was like Carl Ichan; he had plenty of backbone +he made plenty of money for other share holders.:caution::caution:,:cool::cool::cool::cool::cool::cool::cool: [Reported by FOX News]
  5. ElCubano


    Getting to 91 is tough, getting there sharp as a tack is icing on the cake.
  6. RedDuke


    Smart gent he was with tons on accomplishments!!!! RIP
    Nobert likes this.
  7. Edmond


    In the old days a friend of mines dad was his architect. I met him, what a nice man he was. I really enjoyed talking with him.
    My dad just passed at 98. He jump roped every day. Sharp and fit. Just didn't wake up in the morning.
    WW2, Korea vet. USS ENTERPRISE CV6. Battle of Midway. My dad came home, his brother didn't.