He died of heart failure there on June 6, 1976, and his body was buried on his Malibu grounds. The kidnapping also was the focus of The Trust, which began airing on FX the following spring. Hearst Magazine Media, Inc. Site contains certain content that is owned A&E Television Networks, LLC. Reprodues De Pinturas | O Banquete de Casamento, 1745 por William Hogarth (1697-1764, United Kingdom) | ArtsDot.com. At stake is spousal support that could run to hundreds of thousands of dollars per month an a $20 million to $30 million San Francisco home they just built, along with extraordinarily expensive furniture, including a bed that alone cost $1 million, according to Jacquis declaration. Ambassador to the United Kingdom. When Gia went off to college in 2005, Peters drug use and erratic ways began to spiral out of control, according to court documents and friends. He simply. This time, Donald Sutherland took on the role of the reluctant tycoon, with Hilary Swank as Gail Harris, Harris Dickinson as the troubled heir and Brendan Fraser as Chase. Also a renowned art collector, Getty established a museum on his California property before his death in 1976, which later came part of the J. Paul Getty Trust. Within a few years Getty had established wells on the land that were producing 100,000 barrels of crude oil a month. A love of the classics led Getty to acquire reading proficiency in Ancient Greek and Latin.[9]. Welcome to one of the ugliest divorce cases Los Angeles has seen in years. The rustic beach retreat that constantly inspired the late, great musician only took 10 days to go into contract. Phillip Matier, Andrew Ross. Getty was left with one-third of the stock from George Getty Inc., while his mother received the remaining two-thirds, giving her a controlling interest. A Harvard graduate, Peter had grown up in San Francisco, attended the opera from an early age, and lived in a mansion where the furniture was too expensive to sit on. The following year, the J. Paul Getty Museum opened at his ranch house in Malibu (later part of Pacific Palisades), California. The purchase is the most expensive sale in San Francisco so far this year. Find 3 objects lying around the house. Located in the Pacific Heights neighborhood, the residence was built in 1912 and underwent renovations to stand in its current glory. his retirement, Getty was a board member of the Allegheny Conference on . [4] He established the J. Paul Getty Trust in 1953. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Director So, Pennzoil director William Wilson, U.S. ambassador to the Vatican, agreed to contact Getty Oil's two largest stockholders--Malibu's J. Paul Getty Museum and the Sarah C. Getty Trust, which . Paul Mescal for "A Streetcar Named Desire" at Almeida Theatre Rafe Spall for "To Kill A Mockingbird" at Gielgud Theatre David Tennant for "Good" at Harold Pinter Theatre Astrological Sign: Sagittarius, University of Southern California, Los Angeles, Death Year: 1976, Death date: June 6, 1976, Death City: Sutton Place, Surrey, England, Death Country: United Kingdom, Article Title: J. Paul Getty Biography, Author: Biography.com Editors, Website Name: The Biography.com website, Url: https://www.biography.com/business-leaders/j-paul-getty, Publisher: A&E; Television Networks, Last Updated: March 26, 2021, Original Published Date: April 2, 2014. (American architect, born 1951) Note: American architect noted for his practice and championing of ecologically-sensitive "green" design. "A brisk and sympathetic chronicle of the man [J. Paul Getty] and his many descendants. In the 20th century they were heavily involved in the petroleum industry.The Getty family is of Scots-Irish ancestry from their patrilineal lineage, their ancestors having immigrated to North America from Cullavmor, County Londonderry, Ireland. It was the most recent owner who oversaw the refurbishment project, where the house underwent some serious structural and cosmetic enhancements. Market data provided byFactset. But, J. Paul Getty later returned to Oklahoma. Prince William, Prince of Wales and Catherine, Princess of Wales, take part in a spin class during a visit to Aberavon Leisure and Fitness Centre in Port Talbot, UK. We had a scary oil painting of some pale woman standing in a barren field.. J. Paul Getty, who became the richest man . Dr. Potts is the author of numerous publications on ancient art, culture, and history; museum studies; and art history. [24] Eckstrom claimed that Getty had taken her virginity and fathered the child, while his legal team tried to undermine her credibility by claiming that she had a history of promiscuity. Clark graduated from Hamilton College and Fordham University School of Law. "[37], When the kidnappers finally reduced their demands to $3million, Getty agreed to pay no more than $2.2million (equivalent to $13.4million in 2021[36]), the maximum that would be tax-deductible. *Deborah Marrow, Interim President and CEO, 20062007; 20102011 Says another: I dont think Jacqui thought they were actually going to get divorced. Your IP: She declined to comment for this story. [51], When speaking in a televised interview with Alan Whicker in February 1963,[52] Getty said that he thought guests would want to use a payphone. A stunning contemporary design embraces the New England vernacular. Gaston divorced Getty that year. As Peter struggled to find a professional identity, the familys wealth proved more toxic than helpful. He was of part Scottish descent. "We were just kids and it was casual," says Shannon, who is a technology advisor and investor. Getty remained an inveterate hard worker, boasting at age 74 that he often worked 16 to 18 hours per day overseeing his operations across the world. The family moved to California after. As The Independent reports, just a few weeks after his mother, Ann Getty, passed away of a heart attack, Jean Paul Getty's grandson and heir John Gilbert Getty was found dead in his hotel room in San Antonio. Ei bine, acesta a refuzat politicos propunerea ei: "Nu vrei ca eu s fiu naul copilului tu", i-ar fi spus Prinul William, care are deja civa fini, despre care se spune c i cam neglijeaz. Getty's secretary claimed that Getty did his laundry by hand because he didn't want to pay for his clothes to be laundered. And when Jacqui learned that the woman was living down the street, in a place she now believes her husband paid for, suspicion turned to rage, her friends say. She began her career as a corporate finance investment banker for J.P. Morgan, before transitioning to operating and leadership roles in academic and arts fundraising. Janet Feldstein McKillop joined Getty in February 2015 as vice president of development. Getty's companion in later life, Penelope Kitson, said "Paul was really too mean ever to allow himself to buy a great painting. He was like Henry VIII.. Ward of McGuire Real Estate. William and Kate attended an increased number of prominent public engagements in 2022 owing to the death of Queen Elizabeth II and the state funeral and mourning events that followed. In 1957, Fortune magazine named Getty the richest man in the world. He went on to attend the University of Southern California and the University of California at Berkeley, before transferring to Oxford University in England. Paul Sorvino and friend Stephanie Wyss at the premiere of 'See Spot Run' at the Chinese Theater in Los Angeles, Ca. An elected member of the American Academy of Arts and Sciences, she is also Chevalier in the French Legion of Honor and Commander in the Greek Order of Beneficence. Getty's earnings topped $25.8million in 1975.[57]. Getty 1. in economics from the University of California at Berkeley. When his shirts became frayed at the cuffs, he would trim the frayed part instead of purchasing new shirts. J. Paul Getty was born in Minneapolis, Minnesota, on December 15, 1892. in museum studies and art history from the University of Southern California. "Dear Mummy," his note began, "Since . But as I was told, that was just the way it is when your name is Getty., Unfortunately, there was a darker side to being a Getty wife.. With that, the pay-telephone [was] removed, and the dial-locks were taken off the telephones in the house."[54]. He was in the middle of a rebellious phase and had dropped out of school to embrace a bohemian. He argued that his 13 other grandchildren could also become kidnap targets if he paid,[40] and also stated, "The second reason for my refusal was much broader-based. Having made his first art purchases as a teenager, Getty established a significant collection by the 1930s. When the two tied the knot in Napa in 2000, however, it had seemed like a fairy tale ending for a woman whose earliest years were marked by tragedy. [23], Getty died of heart failure at the age of 83 on June 6, 1976, in Sutton Place near Guildford, Surrey. His business acumen was also a major factor in Getty's thriftiness. Andrew Getty, a grandson of oil baron J. Paul Getty, was found dead in his Montcolm Avenue mansion Tuesday afternoon, according to a statement released by his parents, Ann and Gordon Getty.. He later developed a replica of a Roman villa on the property, where he reestablished the museum in 1974. Prior to joining the Getty, Liou was an investment banking executive at Nomura Securities in their Tokyo and New York offices. )", "His Favorite Wife: 'Alone Together,' by Teddy Getty Gaston", "J. Paul Getty's Ex-Wife Teddy Getty Gaston Dies at 103", "J. Paul Getty III, 54, Dies; Had Ear Cut Off by Captors", J. Paul Getty III, 54, Dies; Had Ear Cut Off by Captors, "J. Paul Getty III dies at 54; scion of oil dynasty", "Throwback Tulsa: Billionaire J. Paul Getty got his start in Tulsa", "The Enigma of J. Paul Getty, the One-Time Richest Man in the World", "How Wild Was J. Paul Getty's Notorious British Party? in business administration and a major in accounting. LISA LAPIN The parties at their house, where the art collection included Pollacks and Basquiats, achieved almost mythical status among the Hollywood hipster set. Aug. 11, 2000. If we don't get some money within 10 days, then the other ear will arrive. All rights reserved. But then the Hollywood romance turned bitter. ELIZABETH SMITH The gravesite is not open to the public. Some were visiting businessmen. The Realtor Blog broke the news of the listing claiming that the large mansion is being represented by Neal A. [20] A fan of 18th-century France, Getty began buying furniture from the period at reduced prices because of the depressed art market. ", "FX Sets 'Atlanta' & 'The Americans' Return Dates, 'Trust' Premiere TCA", J. Paul Getty diaries, 19381946, 19481976, J. Paul Getty family collected papers, 1880s1989, undated (bulk 19111977), J. Paul Getty and Ashby sisters papers, 1926-1992, https://en.wikipedia.org/w/index.php?title=J._Paul_Getty&oldid=1140077254, American businesspeople in the oil industry, John H. Francis Polytechnic High School alumni, People associated with the J. Paul Getty Museum, University of California, Berkeley alumni, Short description is different from Wikidata, Pages using infobox person with multiple spouses, Pages using Sister project links with hidden wikidata, Creative Commons Attribution-ShareAlike License 3.0. The soon-to-be ex-Mrs.-Getty came from more humble origins. Names: McDonough, William A. If you can actually count your money, then you are not really a rich man.[61][62]. The kidnapping is also dramatized in the first season of the American anthology drama series Trust, where Getty is portrayed by Donald Sutherland. There are balconies that offer panoramic views of the bay and the Golden Gate Bridge. Liou has a B.A. Others were artisans or workmen engaged in renovation and refurbishing. New York Times Book Review "Reginato's meticulously researched and beautifully written account takes the reader deep into . He graduated from California State University at Northridge with a B.S. Olsen holds a B.A. Paul Getty was famously distant with all of his sons, so much so that George referred to his father as "Mr. Getty." Speaking about his relationship with his father in 1960, George said, "I. [17] Since 1953, Getty's gamble produced 16million barrels a year, which contributed greatly to the fortune responsible for making him one of the richest people in the world. The trust enabled Getty to have easy access to ready capital, which he was funneling into the purchase of Tidewater Petroleum stock. After the wedding, Peter and Jacqui lived in the Hollywood Hills and drove matching Mercedes S500s. Click to reveal Additionally, he has been vice president of IT mergers & acquisitions in Chicago and a principal at GCM Capital Markets in Irvine. Photographs by Jacob Elliott, courtesy of Ludovico and Michelangelo Mazzola at Compass, Though the Getty family is largely well-known for the waves they make in Los Angeles architecture and real estate, a recently listed, Photographs Courtesy of Michelangelo Mazzola at Compass, An Old Greenwich Home Filled With Sissy+Marley's Warm Minimalism, Tour a Striking Westport Residence Fit for Entertaining, Step Inside a Rowayton Home Bursting With Happy Hues and Pretty Patterns, Tour a Nantucket Retreat With Bright Interiors, Check Out a $40M Penthouse Soaring Above the Streets of Tribeca, Meet the Designer Behind Crazy Rich Asians Stars Backyard, Tom Pettys Circa-1950 Malibu Beach House Found a Buyer Fast and Is Now Pending, JFK and the Kennedy Family's Former Cte dAzur Vacation Spot Wants 31.5M, Lil Wayne Parts Ways with His Waterfront Miami Mansion for Almost $22.6M. She is a member of the Arthur Page Society, the American Marketing Association, and served on the Public Affairs Committee of Association of American Universities, and as a trustee to the Council for Advancement and Support of Education. Others when a credit card statement reveals an unknown hotel bill. Previous to that, he was director of the Kimbell Art Museum in Fort Worth, Texas from 1998 to 2007, director of the National Gallery of Victoria, Melbourne, from 1994 to 1998, and a research lecturer and research fellow in ancient art and archaeology at Christ Church, Oxford, from 1984 to 1990. 2. William Blake Scarf $45.00 USD. Legal Statement. [23] Mistresses who resided at Sutton Place included the married Mary Teissier, a distant cousin of the last Tsar of Russia, Lady Ursula d'Abo, who had close connections to the British Royal Family, and Nicaraguan-born Rosabella Burch. Durante todo o tempo. Prior to that he worked as the controller for the Consumer Products Group at NBC Universal and the controller for the Digital Studio Division at Sony Pictures Entertainment. From 20122016 she chaired the Board of the University of Piraeus, Greece. with double first class honors and university medals in archaeology/ancient art and philosophy from the University of Sydney, and a D.Phil. With his new fortune, he briefly retired to a life of leisure in Los Angeles, before returning to the oil business in 1919. He told me I could kill you and get away with it, she said in a court document that also detailed allegations that he choked her, told her she was stupid and clocked hundreds of hours watching online porn. Republican Presidential candidate Rand Paul's 22-year-old son, William Hilton Paul, was cited for driving under the influence after a crash in Lexington, Kentucky, the Lexington Herald-Leader. Her husband Peter, an heir to the Getty fortune, denied that he was having an affair, but a full frontal shot of a woman the couple knew, which Jacqui found on his desktop, was harder to explain. She holds an M.B.A. and an A.B. Single Family. His father, Gordon Peter Getty, was J. Paul Getty's fourth son. In court, Peter has admitted using cocaine. The listing describes the place as "Magnificent Golden Gate Bridge panoramic view home located on one of the most desirable streets in Pacific Heights.". JOAN WEINSTEIN Previously, she has served as a fundraiser for both Stanford University and Harvard University, supporting record-level fundraising campaigns at both universities. Whalen is an advisor to the National Trust for Historic Preservation, a member of the board of studies for the Courtauld Institute of Art's M.A. The J. Paul Getty Museum Here's a look inside the renovated 9,700 square foot mansion with sweeping views of the Golden Gate Bridge. Jean Paul Getty Sr. (/ti/; December 15, 1892 June 6, 1976) was an American-born British petroleum industrialist who founded the Getty Oil Company in 1942 and was the patriarch of the Getty family. Associated Press. It was, as a friend put it, a big, dark money cloud. There was a short-lived publishing company in the '80s, reportedly bankrolled by his mother; a record label, and talk of writing. Timothy Whalen is John E. and Louise Bryson Director of the Getty Conservation Institute (GCI). Peter later wrote in a blog for the San Francisco Chronicle that friends got to put posters of rock bands and Farrah Fawcett in their rooms. After a stroke, brought on by a cocktail of drugs and alcohol in 1981, Getty III was rendered speechless, nearly blind and partially paralyzed for the rest of his life. Vanessa and William Getty purchased the home for $11.5 million in 2002; William is the grandson of the late billionaire J. Paul Getty, who made his fortune in the oil business. A native of Minneapolis, he was the son of pioneer oilman George Getty.In 1957, Fortune magazine named him the richest living American, while the 1966 Guinness Book of Records named . Vice President, Development It was off the market last summer and returned to the market on the 8 February this month. Getty is also a His succession of marriages and divorces so distressed his father that Getty inherited only $500,000 of the $10million fortune his father left at the time of his death in 1930. Long before becoming president, JFK spent time at this dreamy Jacques Coulle-designed estate while his father was the U.S. [49] Getty claimed his frugality towards others was a response to people taking advantage of him and not paying their fair share. Getty met the English interior designer Penelope Kitson in the 1950s and entrusted her with decorating his homes and the public rooms of the oil tankers he was launching. in engineering from the University of Michigan and an M.B.A. in finance from the University of Chicago. [8], As newly minted millionaires, the family moved to Los Angeles. Quotes displayed in real-time or delayed by at least 15 minutes. Tap into Getty Images' global scale, data-driven insights, and network of more than 340,000 creators to create content exclusively for your brand. The Getty Foundation Getty married starlet Ann Rork in 1932, and fathered two more sons, Eugene Paul (later John Paul Getty Jr.) and Gordon Peter. : THE HOUSE OF GETTY by Russell Miller (Henry Holt: $17.65; 362 pp. Natalie Portman, Paul Sorvino and girlfriend Stephanie Wyss at the 2002 VH1 Vogue Fashion Awards after-party at Hudson Cafeteria in New York City,. He is a CPA with 19 years of experience who worked most recently for Ticketmaster as their domestic controller. The estate's current owners bought the property from William Getty, who is the grandson of late oil tycoon J. Paul. Clark was president of the Museum Association of New York, participated on several committees of the Association of the Bar of the City of New York, and has served on the faculty of the American Law Institute/American Bar Association. Emily Nelson (Getty) Maher 1871 Carcoar, New South Wales, Australia - 1958 . Paul Getty, who died in 1976 at 83, was personally worth more than $2 billion at the time of his death (approximately $8.3 billion in 2014). Arsenal restored their five-point lead over Manchester City with a thrilling 3-2 win . A formal foyer opens into a gallery that has a sweeping marble staircase that leads up to the upper level. The J. Paul Getty Trust "Everything was gone," said Bill Newsom, his godfather. Ward of McGuire Real Estate. George II passed in 1973 after overdosing on pills. Please contact Ludovico Mazzola ludovico@mazzolaproperties.com and Michelangelo Mazzola michelangelo@mazzolaproperties.com for more information. Dr. Weinstein began her career teaching art history at the University of Pittsburgh and is the author of several books and numerous articles on the history of modern art in Weimar Germany. He declined to comment for the story. The Gettys purchased the property in 2002 for $11.5m and sold it for $12.5m in 2015. The home was originally built in 1912 by Bay Area architect Louis M. Upton. Jean Paul Getty (December 15, 1892 - June 6, 1976) was an American industrialist. His J. Paul Getty Trust funds the J. Paul Getty Museum and other artistic endeavors. in art history as well as an M.A. I would gladly give all my millions for just one lasting marital success. [55] A valuable silver ewer by the 18th century silversmith Paul de Lamerie was stolen, but returned anonymously when the London newspapers began covering the theft. The upper level has a master bedroom and an office. He died on February 5, 2011, at the age of 54. What made the event even more noteworthy is that he was joined by the latest actor to take on his iconic role of James T. Kirk, Paul Wesley of Star Trek: Strange New Worlds. He also served as chief deputy director for the California Department of General Services, serving as COO for the states procurement, real estate and telecommunications services, as well as deputy director of the California Department of Finance. Getty's wealth and ability to speak Arabic enabled his unparalleled expansion into the Middle East. There were limitless credit cards and private jet trips to the couture in Paris. TIMOTHY POTTS Prior to joining the Getty, she served for 10 years as the chief communication officer at Stanford University. Clark came to Getty from the Museum of Modern Art (MoMA), where he was deputy general counsel. The 32-year-old blonde had discovered the body of her ex-boyfriend Andrew Getty on the bathroom floor of his 2.8m home in the Hollywood Hills. The J. Paul Getty Trust In 1973, Jean Paul Getty found out from his son, J. Paul Getty Jr., that grandson J. Paul III had just been kidnapped by Italian gangsters and he couldn't . I hate and regret the failure of my marriages. In his nearly 14 years of service to MoMA, he served as associate general counsel, acting general counsel and secretary, and assistant general counsel. He was also a founding member and past Chair of the Fund [37] John Paul Getty Jr. asked his father for the money, but was refused, arguing that his 13 other grandchildren could also become kidnap targets if he paid. The second demand had been delayed three weeks by an Italian postal strike. Listing records of the home state that the mansion spans an area of 8,675 square feet and comprises of four bedrooms and seven bathrooms. At about 10 p.m. the party descended into pandemonium as party crashers arrived from London, swelling the already overcrowded halls and causing an estimated 20,000 in damage. Managing Director, Equities & Bonds and Assistant Treasurer Outside, the home has a cozy garden and a four-car parking garage. KATHERINE E. FLEMING 2023 Realty Today. Its the most expensive property on the market in the city right now, Joy for Pippa and James Matthews as their seven-month-old daughter is christened at village church, Earl Spencer shares touching childhood photo of his late mother from his personal archives, Prince and Princess of Wales host Crown Prince Haakon and Crown Princess Mette-Marit of Norway at Windsor Castle. is an Emeritus Trustee and past Chair of Shady Side Academy, a member and Chair At his death, he was worth more than $2 billion. We had a lifestyle that I am certain is beyond what most people could imagine or will ever be able to enjoy, Jacqui testified. In 1967, Getty merged these holdings into Getty Oil.[16]. They were picking up Sutton Place phones and placing calls to girlfriends in Geneva or Georgia and to aunts, uncles and third cousins twice-removed in Caracas and Cape Town. Do not reproduce without permission. As friends tell it, she had a latchkey New York childhood. [7] In 1903, when Getty was 10 years old, George Getty traveled to Bartlesville, Oklahoma, and bought the mineral rights for 1,100 acres of land. In 1957 Fortune magazine named him the richest living American, and the 1966 Guinness Book of Records named him as the world's richest private citizen, worth an estimated $1,200 million. They are presented here as documentation, not as a reflection of Getty's values. Ce a spus William? The J. Paul Getty Trust [33] Teddy Gaston died in April 2017 at the age of 103. [40] Getty III was permanently affected by the trauma and became a drug addict. The Getty family subsequently moved to Bartlesville, where J. Paul Getty attended the Garfield School. The J. Paul Getty Trust James Williams has been the vice president and chief investment officer of the Trust since December 2002 and was appointed treasurer in May 2006. In the other, his charismatic, soon-to-be ex-wife, a stylist and costume designer, whose close friends include Demi Moore, Ashton Kutcher, Wes Anderson and Jason Schwartzman. Though the Getty family is largely well-known for the waves they make in Los Angeles architecture and real estate, a recently listed San Francisco mansion once lived in by oil baron J. Paul Getty's grandson, William, and his wife Vanessa will have heads turning towards the Bay. He had a habit of writing responses to letters on the margins or back sides and mailing them back, rather than using a new sheet of paper. The Getty family continues to suffer tragedies in the 21 st century. for the Advancement of the Minorities Through Education. Custom Content. [59][non-primary source needed]. Getty's fifth and final wife was singer Louise "Teddy" Lynch. development project in the Pittsburgh economic region. William Getty 1812 Ireland - 03 Feb 1879 last edited 13 Aug 2020. Art collecting was a common practice among Getty's wealthy peers like William Randolph Hearst and Norton Simon. In 1973, when he was only 16-years-old, he was kidnapped while living in Rome by the 'Ndrangheta and held for a $17 million ransom. An accomplished academic leader and internationally recognized scholar of Mediterranean history, religion, and culture, she served as Provost of New York University from 2016 to 2022. Katherine E. Fleming assumed her post as president and CEO of the J. Paul Getty Trust on August 1, 2022. member of the Technology Collaborative and of LEAD Pittsburgh and a past member J. Paul made his first million at age 23, and turned oil into gold by the billions. 1 Oil Well Site near Haskell, Oklahoma, was crucial to his early financial success. [39] After his release, the younger Getty called his grandfather to thank him for paying the ransom but Getty refused to come to the phone. Vice President, Chief Investment Officer, and Treasurer He was appointed as assistant treasurer in June 2010. President of the Power of 32 Site Development Fund. *deceased. Society Pals' Falling Out Affects Newsom, Getty Families. The Realtor Blog broke the news of the listing claiming that the large mansion is being represented by Neal A. J. Paul Getty died in 1976 and left an estimated $700 million to the Getty Museum, which at the time was the largest gift ever to the arts. Compre 3 impresses e tenha 15% + 5% de desconto em todos os itens. The free-spirited teenager, who went by Paul, had been living in Rome as his father J. Paul "Eugene" Getty II oversaw the Italian side of the family business. [55] Party goers were irritated by Getty's stinginess, such as not providing cigarettes and relegating everyone to using creosote portable toilets outside. Paul F Ruzzo (732) 349-1763: Status: Homeowner. "[21] Nonetheless, at the time of his death he owned more than 600 items valued at more than $4million, including paintings by Rubens, Titian, Gainsborough, Renoir, Tintoretto, Degas, and Monet. Suddenly, the Sutton Place telephone bills began to soar. I contend that acceding to the demands of criminals and terrorists merely guarantees the continuing increase and spread of lawlessness, violence and such outrages as terror-bombings, "skyjackings" and the slaughter of hostages that plague our present-day world. In the autumn of 1914, George Getty gave his son $10,000 to invest in expanding the family's oil field holdings in Oklahoma.
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