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.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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
A Walk in the Parks
Jim O'Heir shares his memories of the hit NBC mockumentary and its cast's hopes of a reunion
Philomena Cunk
PHILOMENA CUNK IS JUST AS SURPRISED AS anyone else at her own popularity.
SOLVING THE PLASTIC PROBLEM
PLASTIC WASTE IS HARMING ANIMALS AND OUR PLANET. CAN THE DAMAGE BE UNDONE?
'I Was Struck by How Humbled and Insignificant I Felt'
An explorer says coming face-to-face in the wild with a grizzly and her cubs changed his perspective on life
Has AI Turned On Health Care?
Hospitals hoped artificial intelligence would lighten their staff's workload, but the same tech could be to blame as insurance firms increasingly deny Medicare Advantage claims
Saying No to Trump and Men
The election has led some women to boycott relationships and sex