374. W. Her­bert Hunt

Forbes - - PROMOTION -

$2.1 billion  Self-made Score: $ Source: oil age: 88 res­i­dence: dal­las

B.S., washington and lee ’51

The son of fa­mous wild­cat­ter H.L. Hunt, who al­legedly had 15 chil­dren, he and his brother Nel­son (d. 2014) tried to cor­ner the sil­ver mar­ket in the 1970s, ac­cu­mu­lat­ing more than 100 mil­lion ounces, worth billions. Sil­ver plum­meted 80% in value in 1980, and the broth­ers fell off The Forbes 400 and into bank­ruptcy. Hunt en­dured in the oil busi­ness. In 2012 he sold his Bakken-oil­field acreage to pub­licly traded Hal­con Re­sources for $1.5 billion cash and stock. His half-brother Ray Lee Hunt (No. 122) runs a sep­a­rate oil com­pany, Hunt Con­sol­i­dated.

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