J. Paul Getty: The Real Story Behind The Man With All The Money In The World

Gordon Getty Eventually Gained Control And Sold Getty Oil For Over $10 Billion

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Getty’s youngest living son Gordon, who managed to become sole trustee of the remaining estate despite his lackluster reputation working in his father’s companies, controversially sold Getty Oil to Texaco in 1984 for more than $10 billion. Additionally, he managed to obtain control of his grandmother’s estate, unlocking $4 billion to split among the rest of the Gettys. $1 billion went into paying state and federal capital gains taxes. The remaining $3 billion was split equally among Gordon, his brother Paul II, and the three daughters of Getty’s firstborn George Franklin II.