In this May 30, 2017, file photo, oil tycoon T. Boone Pickens poses for a photo before a series of man-made lakes leading from The Lake House to The Lodge on his Mesa Vista Ranch in the panhandle of Texas. Pickens announced Friday, Jan. 12, 2018, that he is closing his Dallas energy-focused hedge fund. In a statement published on LinkedIn, the 89-year-old Pickens says that “it’s no secret the past year has not been good to me, from a health perspective or a financial one.” (Tom Fox/The Dallas Morning News via AP, File)
Legendary oil tycoon, investor and philanthropist T. Boone Pickens has died at the age of 91.
The Dallas Morning News reported that Pickens died of natural causes at his home on Wednesday.
Pickens, whose estimated net worth is now about $500 million, has made billions of dollars and lost billions along the way. He’s given more than $1 billion away in his lifetime to a wide range of philanthropic initiatives.
Pickens was born in Holdenville, Okla., but much of his business life centered in and around Dallas.
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