Who Is T. Boone Pickens? Age, Biography, and Wiki
T. Boone Pickens was born on May 22, 1928, in Holdenville, Oklahoma. He was a prominent American financier, businessman, and philanthropist revered for his impact on the energy sector and his aggressive investment strategies. Passed away in 2019, Pickens' legacy endures, shaping multiple facets of finance and philanthropy. Known for his engaging personality and sharp business acumen, he was a pioneer in the energy drilling industry and a notable figure in American corporate history.
| Occupation | Billionaire |
|---|---|
| Date of Birth | May 22, 1928 |
| Age | 91 Years |
| Birth Place | Holdenville, Oklahoma, U.S. |
| Horoscope | Gemini |
| Country | U.S |
| Date of death | 11 September, 2019 |
| Died Place | Dallas, Texas, U.S. |
Popularity
T. Boone Pickens's Popularity over time
Height, Weight & Measurements
Though T. Boone Pickens' exact height and weight are not widely documented, he was known for his charismatic presence. Beyond physical attributes, his larger-than-life personality left a lasting impression on all who met him, contributing to his status as an iconic figure in business.
Family, Dating & Relationship Status
Throughout his life, T. Boone Pickens was married three times. He had five children, which reflected his deep commitment to family despite his professional aspirations. After his third marriage ended, he was often seen openly discussing his life experiences, enriching his professional narrative with personal insights. His relationships showcased his genuine nature, and he frequently emphasized his love for family and friends during his public appearances.
His father worked as an oil and mineral landman (rights leaser). During World War II, his mother ran the local Office of Price Administration, rationing gasoline and other goods in three counties. Pickens was the first child born via Caesarean section in the history of Holdenville hospital. His great-great-grandfather was politician Ezekiel Pickens, who was Lieutenant Governor of South Carolina.
Net Worth and Salary
At the time of his passing in 2019, T. Boone Pickens had an estimated net worth of around $500 million. His fortune stemmed from a successful career in finance, investing in energy, and owning significant assets like the Mesa Petroleum Company. His entrepreneurial spirit and ability to spot investment opportunities secured his status among the wealthiest individuals in America.
Thomas Boone Pickens Jr. (May 22, 1928 – September 11, 2019) was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of November 2016, Pickens had a net worth of $500 million.
At the time of his death, his net worth stood at $500 million, after he had given away more than $1 billion to various philanthropic causes.
Career, Business, and Investments
T. Boone Pickens founded the Mesa Petroleum Company in the 1950s, which became one of the largest independent oil companies in the United States. He was instrumental in shaping the energy market, advocating for greater use of natural gas, and was an early supporter of alternative energy sources. Over the years, Pickens was involved in numerous high-profile acquisitions, investments, and strategic campaigns, establishing him as a formidable force in the world of finance.
His business endeavors extended beyond oil and gas. He also founded Pickens Company, which diversified into various investments. Throughout his career, Pickens remained a vocal advocate for energy independence for the United States, promoting innovative practices in the field.
At age 12, Pickens delivered newspapers. He quickly expanded his paper route from 28 papers to 156. Pickens later cited his boyhood job as an early introduction to "expanding quickly by acquisition", a business practice he favored later in life.
Social Network
T. Boone Pickens was active on social media platforms such as Twitter before his passing, where he shared insights on energy, investment, and philanthropy. He used these platforms to connect with younger audiences and promote his ideas about energy sustainability and economic growth.
Time magazine put him on the cover for the March 1985 issue when Mesa took over Gulf Oil. He considered running for president in the 1988 elections. During this period, he was characterized as a corporate raider and greenmailer.
This is due to the fact that many of his deals were not completed, although Pickens and the shareholders he represented received substantial profits through the eventual sale of their stock as a result.
His later takeover targets included Newmont, a New York-based firm, Diamond Shamrock, and Koito Manufacturing, a Japanese auto-parts manufacturer, making substantial gains in the process.
He was also involved in the creation of the United Shareholders Association (USA), which from 1986 to 1993 attempted to influence the governance of several large companies.
After nearly two years of periodic hearing and debate, in July 1998 the Securities and Exchange Commission voted 4–1 to approve a one-share, one-vote rule, a primary USA objective.
Education
T. Boone Pickens earned a Bachelor of Business Administration (BBA) degree from Oklahoma State University in 1951. His education laid the foundation for his career in finance and business, spurring his passion for entrepreneurship and driving his notable success in the energy sector.
Pickens was a major financial contributor to his alma mater, the Stillwater campus of Oklahoma State University (OSU). Through his contributions, Pickens spearheaded an initiative to create an athletic village just north of the existing campus. In order to do so, hundreds of houses were acquired by the OSU administration, one via eminent domain, and demolished using Pickens' contributions.
