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The tragic life of John Paul Getty III

History of Sorts

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Most people will be aware of the name Getty be it from Getty Oil or Getty Images

Getty Oil was founded by J.Paul Getty sr. in 1957 Fortune magazine named him the richest living American,while the 1966 Guinness Book of Records named him as the world’s richest private citizen, worth an estimated $1.2 billion (approximately $8.8 billion in 2016).At his death, he was worth more than $2 billion (approximately $8.3 billion in 2016). A book published in 1996 ranked him as the 67th richest American who ever lived, based on his wealth as a percentage of the gross national product.

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Despite his wealth, Getty was notably frugal.Getty famously had a pay phone installed at Sutton Place, helping to seal his reputation as a miser. Getty placed dial-locks on all the regular telephones, limiting their use to authorized staff, and the coin-box telephone was installed for others.

He famously negotiated his grandson’s, John Paul Getty…

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