0:38
H.L. Hunt left home at 15, turned $50 to $100 into $100,000 playing poker, then bought oil leases in Texas. One tract he purchased sat on the largest oil reserve ever discovered, making him the world's richest man within two decades.
H.L. Hunt left home at 15, turned $50 to $100 into $100,000 playing poker, then bought oil leases in Texas. One tract he purchased sat on the largest oil reserve ever discovered, making him the world's richest man within two decades.
In the early 1900s, his name's H.L. Hunt. That was his name. He was this kind of math genius type, and he was a gambler. And basically he ran away from home at the age of 15, drifted across the country doing odd jobs. Eventually he had $50 or $100. He gambles it playing poker, turns that into $100,000, which is something like $3 million, takes that money and he starts buying oil leases. But at the age of 36, he was like, man, this oil business sucks because I make a little money, I risk it all. Sometimes I lose, sometimes I win. With the money he has from selling his stuff, he buys this plot of land in Texas and it turns out to be a lotto ticket. Where it's the largest oil reserve ever discovered. It's in Texas. And 20 years later, he becomes the richest man in the world.
