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Nelson Bunker Hunt (February 22, 1926 – October 21, 2014) was an American oil company executive. He was a billionaire whose fortune collapsed after he and his brothers William Herbert and Lamar [ 1 ] tried to corner the world market in silver but were prevented by government intervention. [ 2 ]
Silver price history in 1960–2020 showing the Silver Thursday event in 1980 Gold price history in 1960–2020 showing the Silver Thursday event in 1980. Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt (collectively known as the Hunt ...
William Herbert Hunt (March 6, 1929 – April 9, 2024) was an American oil billionaire, who along with his brothers Nelson Bunker Hunt and Lamar Hunt [1] tried but failed to corner the world market in silver. [2] According to Forbes, as of April 2024 his net worth was estimated at US$5.3 billion. [3]
Following an attempt at cornering the silver market by the Hunt brothers in 1980, gold and silver prices briefly spiked in an event referred to as Silver Thursday.. In finance, cornering the market consists of obtaining sufficient control of a particular stock, commodity, or other asset in an attempt to manipulate the market price.
Bunker Hunt was briefly one of the wealthiest men in the world, having discovered and taken title to the Libyan oil fields, before Muammar Gaddafi nationalized the properties. While still married to Lyda, H. L. Hunt is said to have married Frania Tye of Tampa, Florida, in November 1925 by using the name Franklin Hunt. Frania claimed to have ...
Nelson Bunker Hunt; Ray Lee Hunt; Swanee Hunt; Tom Hunt (executive) William Herbert Hunt This page was last edited on 23 December 2020, at 06:12 (UTC). Text is ...
Youth was a Brown horse, bred and owned by Texas oilman, Nelson Bunker Hunt. Youth was sired by U.S. Racing Hall of Fame inductee Ack Ack. His dam was Hunt's French-bred mare Gazala II, a daughter of the 1953 Kentucky Derby winner, Dark Star. Gazala II was a brilliant racehorse and champion filly of France winning the French 1,000 Guineas and ...
In the latest Texas history column, Ken Bridges looks back at the life of Nelson Bunker Hunt, who lived an unusual life of fortune and failure