Tim Headington Net Worth is$2.5 Billion
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Timothy Headington Net Worth: Timothy Headington is an American businessman, real estate developer and film producer who has a net worth of $2.5 billion. Even though he built up his fortune in the oil business, Tim Headington has never abandoned his real love, i.e., movie making. Having taken his Bachelor's degree from the University of Oklahoma, he set up his Dallas-based company Headington Oil in 1978. He came up with the oil business idea thanks to his father, Timothy Headington, who was a geologist. Serving as the sole shareholder and president of Headington Resources, Inc., the company has acquired interests in real estate, hotel development, natural gas, oil, film production, entertainment as well as private equity. What's more, he is the owner of two notable hotels in Dallas, the Joule and Lumen Hotels. Apart from his involvement in the oil and gas industry, Headington is a partner at GK Films, a production company that has produced several award winning features. The company's latest bankable projects are the romantic thriller The Tourist (2010) and animated film Hugo (2011). The latter has won five out of eleven nominations in total.
Timothy Headington (born 1950) is the CEO of Headington Oil, a film producer, and real estate developer.
Tim 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. Mr. Headington is an active philanthropist, personally and through various family foundations.
Inspired by his geologist father, Tim 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 financier, he has bankrolled more than a dozen films, most recently World War Z (EP credit) and Hugo (producer), which was nominated for 11 Academy Awards, winning five. As a producer, his greatest commercial success has been The Tourist which grossed $278,346,189 worldwide.
Headington owns two hotels in Dallas, Lumen and Joule.
Headington is the co-founder of the Headington Institute, a nonprofit organization headquartered in Pasadena, California. Its mission is to care for caregivers worldwide by determining the best ways to promote the physical hardiness, emotional resilience, and spiritual vitality of humanitarian relief and development personnel. In addition to providing free online training materials viewed by more than 40,000 each month, its team of psychologists travels to places like Japan, Haiti, Afghanistan, Pakistan, South America, and throughout Africa to provide counseling, resilience training, and management consultation.
Headington 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.
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