There are few true American dynasties. The Rockefellers, Mellons, Astors and DuPonts come to mind. The Gettys, too, are on that list. Founded by oil baron J. Paul Getty who moved under the radar until his “outing” as the richest American by fortune magazine in 1957, the subsequent four generations of his family have been in the spotlight, navigating fields from environmentalism to fashion to business, music, digital archives, arts, LGBTQ rights and politics. With five wives, the patriarch of the dynasty, J. Paul Getty, fathered four sons who lived to adulthood, and the family tree has flowered to some 19 grandchildren, 40 great-grandchildren and 15 great-great-grandchildren.
Family scandals and internal squabbles such as Getty’s son Gordon’s (unsuccessful) seven-year court challenge over the family trust in the 1960s and the kidnapping of his eldest grandson in 1973, as well as subsequent battles with drug addiction, depression, adultery and fights over the sale of Getty Oil have been tabloid fodder for years and led to talk of “The Getty Curse.” In the wake of the sale of the company in 1985 to Texaco for $10.1 billion—at that time the biggest corporate acquisition in history—$3 billion was partitioned into four separate trusts. Currently, the family’s combined net worth could be in the neighborhood of $20 billion, which will finally be divided among all the heirs upon the death of J. Paul Getty’s last living son—Gordon, currently 88.
Diese Geschichte stammt aus der July 29, 2022-Ausgabe von Newsweek.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der July 29, 2022-Ausgabe von Newsweek.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Ray Romano
\"I read about three scripts, and at the end of each there was a little twist, a little turn, [and] it was funny.\"
Has J.K. Rowling Won the Culture War?
After years of backlash over trans issues, the Harry Potter author has received major business backing
Nothin' Lasts Forever
Taylor Swift's Eras Tour' ends its record-breaking run..
SPY IN THE SKY
CHINA FACES ACCUSATIONS of ESPIONAGE and WEAPONIZING OUTER SPACE as it BUILDS a NEW OBSERVATORY in CHILE critics say WILL BE USED for MILITARY PURPOSES
'This Murder Is a Symbol of the Times'
Conservatives and liberals agree on the state of the health care industry following the killing of Brian Thompson
The Defense Industry's Fight With ESG
EUROPEAN DEFENSE COMPANIES, ESPECIALLY smaller businesses, are being blocked from investment they sorely need by sustainability rules, a senior NATO official and several industry figures have said.
Margo Martindale
Jamie Lee [Curtis, producer] called me and she says, \"Jamie Lee Curtis here. I have a project for you. And you're gonna do it.\"
Malala Yousafzai
\"AFGHANISTAN IS THE ONLY COUNTRY IN THE world where girls are banned from access to education and women are limited from work.\"
In the Eyes of the Law
Jude Law is unrecognizable as an FBI agent on the trail of aneo-Naziterrorist group in real-crime drama The Order
Gonzo Intelligence
Instead of keeping a low profile, Moscow's spies are embracing the limelight and even being welcomed home by Vladimir Putin after their cover is blown