The businessman profited from several buyout efforts as his Mesa Petroleum business looked to expand its footprint through the 1980s.
T. Boone Pickens — the famed oil prospector, hedge fund founder and billionaire philanthropist — has died at 91, according to his website. The"Oracle of Oil" profited from several buyout efforts — many of which failures — as his Mesa Petroleum business sought to expand its footprint through the 1980s. Pickens pivoted from oil in the 1990s and 2000s as he promoted natural gas as an alternative to gasoline and spent $100 million on a campaign for US energy independence.
T. Boone Pickens — the famed oil prospector, hedge fund founder and billionaire philanthropist — has died at 91, according to his website. The"Oracle of Oil" profited from several buyout efforts — many of which failures — as his Mesa Petroleum business sought to expand its footprint through the 1980s. Pickens pivoted from oil in the 1990s and 2000s as he promoted natural gas as an alternative to gasoline and spent $100 million on a campaign for US energy independence.
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