J. Paul Getty founded the Getty Oil Company. The Fortune magazine of 1957 named him the richest living American, while the Guinness Book of Records in 1966 named him as the world’s richest private citizen, worth an estimated $1,200 million.
He was worth more than $2 billion on his death, but despite his wealth, Getty was known for being a miser.
Jean Paul Getty was an avid collector of art and antiquities that later formed the basis of the J. Paul Getty Museum in Los Angeles.
In the 1950’s he moved to England where he became a prominent Anglophile. His 16th Century Tutor Estate, Sutton Place near Guildford in Surrey, formed the new location where Getty Oil and his associated companies were now centered.
He used the estate to entertain his British and Arabian friends (he learned to speak Arabic) that included the British Rothschild family, and numerous rulers of Middle Eastern countries.
Getty spent the rest of his life in the British Isles.
Jean Paul Getty was born on December 15, 1892 in Minneapolis, Minnesota, and died on June 6, 1976 of heart failure.