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

Getty Definitely Succeeded In Proving His Father Wrong

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Getty made some shrewd business decisions during the 1930s, during which time he acquired the Pacific Western Oil Corporation which came with it, large oil reserves and a heavy cash balance. He eventually managed to gain some controlling interest in the company from his mother and with incredible patience over a drawn-out series of business moves, Getty began acquiring the Mission Corporation, which was the parent company of Skelly Oil and Tidewater Oil, and successfully completed the acquisition by 1953. In 1967, Getty merged all his acquisitions with Getty Oil Company, which by then had assets of more than $3 billion.

A foreign business deal that would eventually grant Getty billionaire status…