W. Herbert Hunt’s profile picture

W. Herbert Hunt

W. Herbert Hunt’s profile picture
Net worth 2018: $2.3 Billion
Industry: Energy
Residence: Dallas, Texas
Country: United States
BirthDay: 6 March 1929
Sigh: Aries
Children: 5
BIOGRAPHY

W. Herbert Hunt was bornon 6 March 1929 in Dallas, Texas, United States. W. Herbert Hunt is #1071 in List Billionaires People In The World. One of 15 children (by three women) of legendary oil wildcatter H.L. Hunt. With brother Nelson Bunker Hunt (d. 2014), he tried to corner the world silver market until the price of the metal collapsed 80% in 1980. Hunt endured in the oil business; in 2013 he sold his Bakken oilfield acreage to publicly-traded Halcon Resources for $1.5 billion cash and stock. He owns a refinery in Louisiana and oil company Petro-Hunt.

NET WORTH STATISTIC
2013

$3 Billion

2014

$2.8 Billion

2015

$2.3 Billion

2016

$1.9 Billion

2017

$2 Billion

2018

$2.3 Billion

TIMELINE
William Herbert Hunt (born March 6, 1929) is an American oil billionaire, who along with his brothers Nelson Bunker Hunt and Lamar Hunt tried but failed to corner the world market in silver. According to Forbes, as of January 2015 his net worth is estimated at $2.0 billion.William Herbert Hunt was born in 1929 to Lyda Bunker and the oil well wildcatter H. L. Hunt.In the 1970s Hunt and his brother Nelson Bunker Hunt acquired 195 million ounces of silver, worth nearly $10 billion at the peak. When the price of silver collapsed 80% in 1980 the brothers lost their fortune in the silver trading scandal called Silver Thursday; together they lost a billion dollars. William Herbert Hunt went bankrupt in 1990, but came back to power years later.In 2012, Hunt sold his company Petro-Hunt’s stake in the Bakken shale field to Halcon Resources for $1.45 billion, lifting his net wealth to an estimated $3 billion or more.Hunt lives in Dallas, Texas, and has five children.
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