Timothy Headington’s profile picture

Timothy Headington

Timothy Headington’s profile picture
Net worth 2018: $1.63 Billion
Industry: Energy
Residence: Dallas, Texas
Country: United States
BirthDay: 1950
Education: Bachelor of Arts / Science, University of Oklahoma
BIOGRAPHY

Timothy Headington was bornon 1950 in Dallas, Texas, United States. Timothy Headington is #1442 in List Billionaires People In The World. He made his fortune in the oil business, selling his Bakken oil fields to XTO Energy in 2008 for $1.85 billion. After that, Tim Headington plunged into a bigger passion: moviemaking. Teamed with legendary film producer Graham King, he bankrolled some hugely expensive but Oscar-winning films like "Hugo" and "Rango" and found big success with smaller stakes in Brad Pitt's "World War Z" and Best Picture "Argo. " Headington has since backed away from the movies for now, and is instead dedicated to making his mark on Dallas -- having assembled a huge land position downtown and recently completed a lavish expansion of his boutique hotel Joule. Headington has grand dreams for bigger hotel/condo projects. In 2012 his own Miami condo sold for $25 million. Inspired by his geologist father, Headington founded Headington Oil in 1978. He stayed under the radar until that 2008 sale. Still investing in oil, the big dip in his net worth this year is due to the oil price bust. After Oklahoma University, Headington earned graduate degrees in theology and psychology at Fuller Theological Seminary. His nascent Headington Institute aims to give psychological training to humanitarian relief workers worldwide.

NET WORTH STATISTIC
2009

$2 Billion

2010

$2.65 Billion

2011

$2.7 Billion

2012

$2.5 Billion

2013

$2.5 Billion

2014

$2.8 Billion

2015

$1.9 Billion

2016

$1.4 Billion

2017

$1.6 Billion

2018

$1.63 Billion

TIMELINE
Timothy Headington (born 1950) is the CEO of Headington Oil, a film producer, and real estate developer.Headington's father was a geologist. He graduated from the University of Oklahoma with a Bachelor of Arts Degree in History. He also received graduate degrees in theology and psychology from Fuller Theological Seminary in Pasadena, California and completed his residency at the University of Southern California.He has received an Honorary Doctor of Humane Letters from his alma mater.Headington is president and sole shareholder of Headington Resources, Inc., a Dallas-headquartered company, concentrated primarily in oil and natural gas, real estate/hotel development, film production, private equity and entertainment. Headington is an active philanthropist, personally and through various family foundations.Inspired by his geologist father, Headington founded Headington Oil in 1978. He stayed under the radar until 2008 when he sold acreage in North Dakota's Bakken oil play to XTO Energy for $1.85 billion.As a film Producer and Executive Producer, Headington has worked on numerous projects most recently World War Z (EP credit) and Hugo (producer), which was nominated for 11 Academy Awards, winning five as well as a Golden Globe nomination for Best Picture - Drama.He produced Angelina Jolie’s feature directorial debut, “In the Land of Blood and Honey,” which was Golden Globe nominated for Best Foreign Language Film; as well as the recipient of the Stanley Kramer Award and the NAACP Image Award for Outstanding Foreign Motion Picture in 2012. Headington also served as an executive producer on Gore Verbinksi’s “Rango,” featuring the voice of Depp, which won an Oscar® and a BAFTA Award for Best Animated Feature, as well as numerous critics awards. Other productions include the action thriller “The Tourist,” starring Depp and Jolie, which garnered three Golden Globe nominations, including Best Actor, Best Actress and Best Motion Picture – Musical or Comedy. “The Rum Diary,” starring Johnny Depp which was produced with Depp’s company, infinitum nihil. “Edge of Darkness,” starring Mel Gibson, the three-time Academy Award®-nominated romantic drama “The Young Victoria,” and the TV produced miniseries “Camelot”.Headington owns two hotels in Dallas, Lumen and Joule.Headington is intimately involved in two charities. He serves as Chairman of the Board for Art of Elysium, which uses art as a catalyst for social change and Headington Institute located in Pasadena, CA, as co-founder, which offers care for caregivers worldwide by providing resilience support.Headington was honored in November 2013 as an inductee to the Oklahoma Hall of Fame. Oklahoma Hall of Fame
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