Sam Parr tells how H.L. Hunt went from teenage runaway to the world's richest man. Hunt turned $50 to $100 in poker winnings into $100,000, then bought Texas oil leases. One tract of land he purchased sat on the largest oil reserve ever discovered.
Chapters
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 has $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.