J. Paul Getty

J. Paul Getty
Getty in 1944
Born
Jean Paul Getty

(1892-12-15)December 15, 1892
Minneapolis, Minnesota, U.S.
DiedJune 6, 1976(1976-06-06) (aged 83)
Woking, Surrey, England
Burial placeGetty Villa
Los Angeles, California
EducationUniversity of California, Berkeley
Magdalen College, Oxford
OccupationBusinessman
Spouses
Jeanette Demont
(m. 1923; div. 1926)
Allene Ashby
(m. 1926; div. 1928)
Adolphine Helmle
(m. 1928; div. 1932)
(m. 1932; div. 1936)
(m. 1939; div. 1958)
PartnersLady Ursula d'Abo
Mary Teissier
Rosabella Burch
Penelope Kitson
Children
Parents

Jean Paul Getty Sr. (/ˈɡɛti/; December 15, 1892 – June 6, 1976) was an American-born British petroleum industrialist who founded the Getty Oil Company in 1942 and was the patriarch of the Getty family.[1] A native of Minneapolis, he was the son of pioneer oilman George Getty. In 1957, Fortune magazine named him the wealthiest living American,[2] while the 1966 Guinness Book of Records declared him the world's wealthiest private citizen, worth an estimated $1.2 billion (approximately $8.6 billion in 2023).[3] At the time of his death, he was worth more than $6 billion (approximately $25 billion in 2023).[4] A book published in 1996 ranked him as the 67th wealthiest American who ever lived (based on his wealth as a percentage of the concurrent gross national product.).[5]

Getty is considered to have been frugal, notably negotiating his grandson's kidnapping ransom in 1973. He had five children and divorced five times. Getty was an avid collector of art and antiquities. His collection formed the basis of the J. Paul Getty Museum in Los Angeles; more than $661 million of his estate was left to the museum after his death.[4] He established the J. Paul Getty Trust in 1953. The trust, which is the world's wealthiest art institution, operates the J. Paul Getty Museum Complexes: the Getty Center, the Getty Villa and the Getty Foundation, the Getty Research Institute, and the Getty Conservation Institute.[6]

  1. ^ Whitman, Alden (June 6, 1976). "J. Paul Getty Dead at 83; Amassed Billions From Oil". On This Day. The New York Times. Archived from the original on December 21, 2016.
  2. ^ Lubar, Robert (March 17, 1986). "The Odd Mr. Getty: The possibly richest man in the world was mean, miserly, sexy, fearful of travel and detergents". Fortune. New York City. Archived from the original on August 13, 2017. Retrieved March 30, 2018.
  3. ^ McWhirter, Norris; McWhirter, Ross (1966). Guinness Book of Records. London, England: Jim Pattison Group. p. 229.
  4. ^ a b Lenzner, Robert. 1985. The great Getty: the life and loves of J. Paul Getty, richest man in the world. New York: Crown Publishers. ISBN 0-517-56222-7
  5. ^ Klepper, Michael M.; Gunther, Robert E. (1996). The wealthy 100: from Benjamin Franklin to Bill Gates: a ranking of the richest Americans, past and present. Secaucus, New Jersey: Carol Publishing Group. ISBN 0-8065-1800-6.
  6. ^ Wyatt, Edward (April 30, 2009). "Getty Fees and Budget Reassessed". The New York Times. p. C1. Archived from the original on February 6, 2018. Retrieved March 30, 2018.

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