T. Boone Pickens is a successful financier and a businessman. He is mostly known as the chairman of BP Capital Management. What is more, Pickens has released 3 books: The Luckiest Guy in the World, The First Billion is the Hardest: Reflections on a life of Comebacks and America’s Energy Future and Boone. You might think how rich is T. Boone Pickens? It has been estimated that Pickens’s net worth is about 1 billion dollars. This sum of money has mainly come from his successful career as a businessman. What is more, Boone is also known for his philanthropic activities.
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T. Boone Pickens Net Worth $1 Billion
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Thomas Boone Pickens, Jr., or simply known as T. Boone Pickens, was born in 1928, in Oklahoma. While only 12 years old, Boone delivered newspapers. While doing this job he learned the basics of business and was able to use that knowledge and experience in the future. Pickens studied at Oklahoma A&M. After finishing his studies he started to work at Phillips Petroleum. Later, in 1956 Boone himself created the company, which is now known as Mesa Petroleum. From that time T. Boone Pickens’s net worth started to grow quickly. Pickens was very successful at this business and was able to make decisions that made him popular and acclaimed in the business world.
T. Boone Pickens was also a part of the United Shareholders Association and helped to create this association. In 1996 Boone sold Mesa Petroleum and created another company called Pioneer Natural Resources. In 1997 he also created BP Capital Management. These actions had a huge impact on the growth of Boone’s net worth. In 2009 Boone received the Bower Award for his success as a businessman.
As it was mentioned before, T. Boone Pickens is also known for his philanthropic actions. A lot of money from T. Boone Pickens’s net worth went to charity and most of it to Oklahoma State University. Pickens has also donated to the Hurricane Katrina relief effort, The University of Texas, Happy Hill Farm Academy/ Home, Downtown Dallas YMCA and many other institutions. Boone does not use his money only for himself, he tries to help others and make this world a little bit better. Because of his philanthropic activities he has received the Effecting Change Award and also was named as the Texan of the Year. What is more, Boones is included in the Oklahoma Hall of Fame.
All in all, it could be said that T. Boone Pickens is one of the most successful businessmen. From a very young age he started learning the things that later were essential for his career. Boone has achieved a lot during his career and has helped a lot of people. He is not only a successful businessman but also a very generous person. Pickens’s high net worth allows him to do many good things in society and he tries to help as much as he can. Although he is 86 years old already there is still a chance that T. Boone Pickens’s net worth will grow in the future.
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