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The Hunt family is an American business family based in Texas. They are most famous for their involvement in the energy industry via their creation and leadership of the Hunt Oil Company, Hunt Petroleum and Hunt Energy. Forbes estimates the family's net worth at $24.8 billion. [2]
Haroldson Lafayette Hunt Jr. (February 17, 1889 – November 29, 1974) was an American oil tycoon. [1] By trading poker winnings for oil rights according to legend, but more likely through money he gained from successful speculation in oil leases, he ultimately secured title to much of the East Texas Oil Field, one of the world's largest oil deposits.
Hunt was born in El Dorado, Arkansas, but lived most of his life in Dallas, Texas. [4] He was the son of Lyda Bunker and oil tycoon H. L. Hunt, who set up Placid Oil, once one of the biggest independent oil companies, [5] He had six siblings: Margaret Hunt Hill (1915–2007), H. L. Hunt III (1917–2005), Caroline Rose Hunt (1923–2018), Lyda Bunker Hunt (born and died in 1925), William ...
In 1959, Lamar Hunt (b. 1932, d. 2006), the son of an oil tycoon H. L. Hunt, founded a new football league (the American Football League) and a new football team called the Dallas Texans—after ...
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Hunt Oil Corporate Headquarters in Dallas, TX. Hunt Oil Co. is an independent oil and gas company headquartered in Dallas, Texas. It conducts its main oil production activities in the United States, Canada and, as of 1984, in Yemen. [1] In the past, the company was owned by American oil tycoon Haroldson Lafayette Hunt. [2]
After his father's death in 1974, he inherited Hunt Oil Co. and the remains of the General American Oil Company along with his three sisters. In 1982, Forbes magazine estimated Ray Hunt's family's total net worth to be $200 million. [1] In 2006 Forbes estimated that Ray's family's net worth increased from $200 million to $4.6 billion.
Texas oil tycoon H.L. Hunt was at one point among the richest men in the United States. With his wealth, he set up a number of trusts to provide for his family.