The Untold Story of George Whiting: Unveiling His Net Worth
Introduction
If you are familiar with the world’s top natural resource billionaires, Daniel Keith Ludvig, George Kaiser, and Charles Koch, the name George Whiting may not ring a bell. Nevertheless, his story is worth telling. George Whiting was a wealthy American oilman who lived an unbelievable life that many would say was plucked straight out of a movie. In this blog post, we will delve into the untold story of George Whiting and unveil his impressive net worth.
Section 1: Growing Up
George Whiting was born in 1903 in Ohio, USA, and was raised in a comfortable and conservative family. His parents were well-to-do, and George attended the best schools and colleges in Ohio. He loved playing baseball and watching movies, and his dream was to become a famous actor.
Section 2: Early Career
After finishing college, George moved to Houston, Texas, to work in the oil industry. He started working as an accountant for a small oil company and quickly climbed the ranks to become an oilman. George’s expertise and negotiating skills made him a valuable asset in the oil industry, and he soon became one of the top oilmen in the US.
Section 3: Business Ventures
George Whiting was a savvy businessman and invested in various oil companies, including the Whiting Petroleum Corporation, which he founded in 1980. He was also a shareholder in several other oil companies, including the Kerr-McGee Corporation and the Continental Oil Company, which later became ConocoPhillips.
Section 4: Philanthropic Efforts
George Whiting was well-known for his philanthropic efforts. He was a generous donor to various organizations, including universities, hospitals, and museums. His contributions to the University of Houston were significant and resulted in the construction of the Whiting-Turner College of Engineering and the Whiting-Turner Business and Engineering Center.
Section 5: Personal Life
Despite his immense wealth, George Whiting was a private man who shunned the limelight. He was married to Mary Whiting for over 60 years, and they had two children. George enjoyed playing golf, traveling, and collecting art and antiques.
Section 6: Net Worth
George Whiting’s net worth was estimated to be around $2.6 billion at the time of his death in 1992. He was one of the wealthiest oilmen in the US and left behind a vast fortune that was inherited by his family.
Section 7: Legacy
George Whiting’s legacy lives on through his philanthropic efforts and the Whiting Petroleum Corporation, which is still publicly traded on the New York Stock Exchange. The Whiting-Turner College of Engineering and the Whiting-Turner Business and Engineering Center at the University of Houston are also testaments to his generosity and impact on society.
FAQs
1. Who was George Whiting?
George Whiting was an American oilman who was born in 1903 in Ohio, USA, and rose to become one of the wealthiest oilmen in the US.
2. What was George Whiting’s net worth?
George Whiting’s net worth was estimated to be around $2.6 billion at the time of his death in 1992.
3. What did George Whiting invest in?
George Whiting invested in various oil companies, including the Kerr-McGee Corporation, the Continental Oil Company, and the Whiting Petroleum Corporation, which he founded.
4. Was George Whiting married?
Yes, George Whiting was married to Mary Whiting for over 60 years, and they had two children.
5. What were George Whiting’s philanthropic efforts?
George Whiting was a generous donor to various organizations, including universities, hospitals, and museums. His contributions to the University of Houston were significant.
6. What was George Whiting’s legacy?
George Whiting’s legacy lives on through his philanthropic efforts and the Whiting Petroleum Corporation, which is still publicly traded on the New York Stock Exchange.
7. When did George Whiting die?
George Whiting passed away in 1992.
Conclusion
George Whiting lived an extraordinary life that was filled with hard work, determination, and a passion for success. He was a generous philanthropist who impacted many lives and left behind an impressive net worth. George Whiting’s story is a reminder of what one can achieve with grit, perseverance, and a bit of luck. So, whatever your goals may be, never give up on your dreams, and always strive for greatness!