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American History

Old Money Powerhouses: These Are the Richest People in American History Before 1990

richest people in american history before 1990

J. Paul Getty

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Getty was rich because of his oil company. Credit: The Daily Mail

J. Paul Getty was an American industrialist who was born in 1892 and went on to become one of the richest men in the world. Getty made his fortune in the oil industry. His company, Getty Oil, was one of the largest independent oil producers in the world. He established the J. Paul Getty Trust, which continues to support the arts today. J. Paul Getty had a reputation as a reclusive and eccentric figure, and he lived a quiet and private life.

Despite his wealth, he lived frugally and was known for his simple tastes. He was also famous for his thriftiness, and he was known for his strict negotiation tactics and his reluctance to spend money, even on himself. J. Paul Getty died on June 6, 1976, at the age of 83. At the time of his death, his net worth was estimated to be around $2 billion

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