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T Boone Pickens Net Worth

T Boone Pickens Net Worth

T Boone Pickens Net Worth $2 Million

Thomas Boone Pickens, Jr. in real life, T. Boone Pickens is an American financier and business magnate with an estimated net worth of $2 million as of 2012. After finishing his degree in Geology at Oklahoma A&M, T. Boone Pickens was promptly hired byPhillips Petroleumandworked for the business until 1954. Two years later, T. Petroleumwhich developed into one of the whole world’s biggest independently-owned oil companies. Subsequently, Mesa acquiredHugoton Productionwhich was considered as 30 times bigger than Mesa that time. In 1980’s, he was known for his takeovers and efforts to buyout companies likeGulf Oil, Unocal,Phillips Petroleum, Cities Service,Newmont Mining,Koito Mfg., Ltd and Diamond Shamrock. In 1996, Mesa was sold toRichard Rainwaterwhich led to the merging of Parker & Parsley Petroleum a year later. This caused the creation ofPioneer Natural Resources. On exactly the same year, he foundedBP Capital Management which ran two hedge funds, Capital Equity and Capital Commodity. Possessing 46% of the institution’s shares, BP Capital Management invests on jobs related to traditional energy firms like natural gas and oil, along with nuclear power corporations such as Shaw Group, Halliburton andSchlumberger. After three unsuccessful marriages, he finally settled withMadeleine A. Pickens.

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