T.Boone Pickens Dead At 91

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T.Boone Pickens Dead At 91

T. Boone Pickens, the onetime Texas oil wildcatter turned corporate raider who became a billionaire energy investor and television pitchman for wind and natural-gas power, has died aged 91.

Bloomberg reports that he died Wednesday at his home of natural causes, according to the Dallas Morning News.

His primary residence was in Dallas. Pickens posted a message on his LinkedIn page announcing he had “several strokes” late in 2016 and then had a “Texas-sized fall” requiring hospital treatment.

He said he was still mentally strong but in declining health, adding, “I clearly am in the fourth quarter.”

In his later years, he shut his hedge fund and decided to invest instead in “personal passions like promoting unbridled entrepreneurship and philanthropic and political endeavors.”

After his marriage ended in divorce Pickens married Beatrice Carr Stuart in 1972. That marriage ended in divorce, as did his third marriage, to Nelda Cain, and his fourth, to Madeleine Paulson, the widow of Allen Paulson, founder of Gulfstream Aerospace.

Pickens’ fifth marriage was to Toni Brinker, widow of Norman Brinker, who turned Chili’s Grill and Bar restaurants into a national chain.

He had five children: Pam, Michael, Tom, Liz and Deborah.

Tyler Durden

Wed, 09/11/2019 – 14:16

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