T Boone Pickens Net Worth is$2 Billion
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Profession: Entrepreneur, Businessperson, Investor, Financier, Philanthropist
Date of Birth: May 22, 1928
Nicknames: Boone Pickens, T. Boone Pickens, Thomas Boone Pickens Jr.
Country: United States of America
T. Boone Pickens is a financier, and former corporate raider from Oklahoma, with an estimated net worth of $2 billion dollars. Though T. Boone Pickens amassed his fortune through the acquisition and resale of oil companies, he has recently become an outspoken advocate for the use of alternative energy sources. He is also the chair of BP Capital Management, a hedge fund.
Thomas Boone Pickens, Jr. (born May 22, 1928), known as T. Boone Pickens, is an American business magnate and financier. Pickens chairs the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. With an estimated current[update] net worth of about $1.4 billion, he is ranked by Forbes as the 328th-richest person in America and ranked 879th in the world.
Pickens was born in Holdenville, Oklahoma. His father worked as an oil and mineral landman (rights leaser). During World War II, his mother ran the local Office of Price Administration, rationing gasoline and other goods in three counties. Pickens was the first child born via Caesarean section in the history of Holdenville hospital.
At age 12, Pickens delivered newspapers. He quickly expanded his paper route from 28 papers to 156. Pickens later cited his boyhood job as an early introduction to "expanding quickly by acquisition," a business practice he favored later in life.
When the oil boom in Oklahoma ended in the late 1930s, Pickens' family moved to Amarillo, Texas. Pickens never served in the military but instead attended Texas A&M on a basketball scholarship, but he lost the scholarship and transferred to Oklahoma A&M (now Oklahoma State University), where he majored in Geology. He is a member of the Sigma Alpha Epsilon Fraternity. He graduated from Oklahoma A&M with a degree in geology in 1951. Following his graduation, Pickens was employed by Phillips Petroleum. He worked for Phillips until 1954. In 1956, following his period as a wildcatter, he founded the company that would later become Mesa Petroleum.
By 1981, Mesa had grown into one of the largest independent oil companies in the world. Pickens led Mesa's first major acquisition, a takeover of the Hugoton Production Company, which was 30 times the size of Mesa. He then shifted his focus to acquiring other oil and gas companies by making solicited and unsolicited buyout bids and other merger

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T Boone Pickens Latest News

Bill Haisten: Uncertainty for Dez Bryant, who still isn’t on an NFL roster

Members of the 2008 Texas A&M coverage unit probably still have nightmares about Bryant’s masterpiece of improvisation — an 88-yard return for a touchdown at Boone Pickens Stadium ... Pro Bowl wide re...
Posted: July 9, 2018, 5:00 pm

OSU football: Oklahoma State announces beer sales at Boone Pickens Stadium this fall, along with no re-entry policy

Beer sales are coming to Boone Pickens Stadium — and all other Oklahoma State athletic ... fans with an experience inside the stadium so they feel like they don’t have to leave and in fact may not wan...
Posted: July 12, 2018, 1:53 pm

Larry Fedora Is Here to Save Football, and Maybe America

JOHNSON Doesn’t Larry Fedora sound like it could be the name of Calvin ... He’s crouched underneath the bleachers of Boone Pickens Stadium as Nerf balls hit the stands around him. GUNDY Larry, are you ...
Posted: July 18, 2018, 6:27 pm
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