John Paul Getty Net Worth $2 Billion
An Estimated Net Worth: No Longer a Mystery
American businessman John Paul Getty comes with an estimated net worth of $2 billion at the time of his death. The Anglo-American industrialist founded Getty Oil Company in 1964.
His father, George Getty, ran a oil business in Oklahoma where he worked during the summertime and in between studies.
During the 1950’s, he moved to England where he continued to run Getty Oil in addition to his other business interests. By 1957, he was named the most affluent living American. In 1966, he was named the world’s richest private citizen having an estimated net worth of $1.2 billion.
J. Paul Getty is a good lover of art and antiquities. With his collections, he formed the J. Paul Getty Museum in Los Angeles, California. More than $661 million or an approximate of $2.7 billion as of 2012 of his estate was left to the museum after his death on June 6, 1976. In 1953, he established the J. Paul Getty Trust which became the world’s wealthiest art association. It also operates the J. Paul Getty Museum, the Getty Foundation, the Getty Research Institute, and the Getty Conservation Institute.