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.
Bu hikaye Newsweek Europe dergisinin July 29, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Newsweek Europe dergisinin July 29, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
The Next Phase of War
After thousands of elite soldiers from North Korea joined Vladimir Putin’s forces against Ukraine, how has this latest move affected the conflict?
Hey, Don't Be So SAD
Seasonal affective disorder affects millions of people. Here’s how you can prep your body and mind for darker days
America's Best CONTINUING CARE
EDUCATIONAL OPPORTUNITIES, RESTAURANTstyle dining, unlimited pickleball-an impressive number of amenities are becoming standard at Continuing Care Retirement Communities.
NEW WORLD ORDER
HOW LEADERS ACROSS THE GLOBE ARE REACTING TO DONALD TRUMP'S REELECTION AS U.S. PRESIDENT
My Fight for Equality and Justice
It will take more than just science to end AIDS. Inclusion, empathy and compassion are essential, too
Saying No to Trump and Men
The election has led some women to boycott relationships and sex
Wendi McLendon-Covey
AFTER 10 YEARS OF PLAYING BEVERLY GOLDBERG ON THE GOLDBERGS, Wendi McLendon-Covey was not eager for a break. \"I need to go do a job where I can just throw everything at it and then come home totally exhausted.\"
'I'm the Highest Earner in Esports'
Johan \"NOtail\" Sundstein has won over $7 million but says, \"I don't really crave that status...I play for my own reasons\"
AMERICA'S BEST Weight Loss CLINICS & CENTERS 2025
WHETHER IT'S FOR MEAL PLANS, PROFESSIONAL guidance or access to medications like GLP-1s, weight loss clinics can offer personalized assistance for those hoping to make sustainable lifestyle changes.
AMERICA'S MOST ANTICIPATED NEW VEHICALS - 2025
WHETHER IT'S A NEWLY IMAGined sport utility vehicle or the re-emergence of a highly regarded halo car, the vehicles coming to market in 2025 prove that Americans' attitudes about personal transportation are diverse and are being served from all angles.