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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]
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
Hunt had three brothers, Haroldson Lafayette Hunt, Jr, Nelson Bunker and William Herbert. His half-sister Swanee Hunt was Ambassador to Austria. Married twice, Hunt first married Rosemary Carr. The pair met in Dallas as teenagers, went to Southern Methodist University together and married in 1956. [16]
The views and opinions expressed here are the author’s own and do not necessarily reflect those of the Herald Democrat.
Brothers Nelson Bunker Hunt and William Herbert Hunt attempted to corner the world silver markets in the late 1970s and early 1980s, at one stage holding the rights to more than half of the world's deliverable silver. [6]
Nelson Bunker Hunt (February 22, 1926 – October 21, 2014), A major force in developing Libyan oil field; eventually attempted to corner the world market in silver in 1979 and was convicted of conspiring to manipulate the market; Legendary owner-breeder [12] of Thoroughbred racehorses; Howard Lee Hunt (October 25, 1926 – October 13, 1975)