T. Boone Pickens Jr. Net Worth

T. Boone Pickens Jr. Net Worth is
$950 Million

T. Boone Pickens Jr. Bio/Wiki, Net Worth, Married 2018

Pickens chairs the hedge fund BP Capital Management. He was a well known takeover operator and corporate raider during the 1980s. As of September 2013, Pickens has a net worth of $950 million. He was likewise active in the Republican Party in Potter County. Pickens arranged a campaign in the mid-1980s against the Amarillo Globe-News paper, for what he claimed was erroneous coverage about his prices and Mesa. Even though the newspaper owner, Morris Communications, replaced its publisher twice throughout the battle, Pickens’ efforts to have the paper alter its editorial policy failed. Soon afterwards, in 1989, Pickens and Mesa moved into a suburb of Dallas. Pickens sold Mesa to Richard Rainwater in 1996. Mesa united with Parker & Parsley Petroleum in 1997 to form Pioneer Natural Resources. He holds a 46% interest in the firm which runs two hedge funds, Capital Commodity and Capital Equity, each of which invest mainly in conventional energy firms including petroleum, natural gas, and nuclear power corporations like Halliburton, Schlumberger, and Shaw Group. In 2006, Pickens brought in $990 million from his equity in both funds and $120 million from his share of the 20% fees applied to fund gains. Pickens’ most recent acknowledgement comes from The Franklin Institute in Philadelphia. T. Boone Pickens received the 2009 Bower Award for Business Leadership for 50 years of visionary direction in oil and other kinds of energy generation, including national renewable energy, and for his philanthropic direction leading to education, medical research, and wildlife conservation.

T. Boone Pickens Jr. Net Worth $1.2 Billion Dollars