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Ever the gambler, Hunt used his east Texas profits to drill for oil elsewhere, especially Louisiana. He extended his interests to oil refining and trade. He used his fortune to invest in a depressed real estate market. By 1938 he struck deals with the Germans and Japanese for oil equipment and crude, deals that naturally floundered with the outbreak of World War II. The war nonetheless presented Hunt with a steady, high price for crude. He prospered, expanding his operations throughout the South. He opened gas stations to add to his refineries, pipe manufacturing, and drilling. He bought a cattle ranch in Wyoming that, as luck would have it, had oil. He was able to indulge his passion for gambling. He hired a statistician from the Massachusetts Institute of Technology to help him lay bets on horse races around the country. He added a new mistress and child...
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This section contains 184 words (approx. 1 page at 300 words per page) |
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