W. Herbert Hunt
Overview
- Source of Wealth
- Oil
- Industry
- Energy
- Residence
- Education
- Washington & Lee University (Bachelor of Arts/Science)
- Children
- 5
Biography
W. Herbert Hunt is one of legendary oil wildcatter H.L. Hunt's 15 children.
He owns a refinery in Louisiana and oil company Petro-Hunt, which operates in six states including Oklahoma and North Dakota.
In 2013, Hunt sold his Bakken oilfield acreage to publicly traded Halcon Resources for $1.5 billion in cash and stock.
With brother Nelson Bunker Hunt (d. 2014), he tried to corner the world silver market in 1980, but failed when the price of the metal collapsed 80%.
Hunt and his brother Nelson reportedly once owned a collection of Greek and Roman coins and bronzes that sold for $20 million in 1990.
About
His brother Lamar Hunt (d. 2006) owned the Kansas City Chiefs. Half-brother Ray Lee Hunt runs a separate oil company, Hunt Oil.
As a child, Hunt collected stamps and coins with his late brother, Nelson (d. 2014.)