Texas Oilman Nelson Bunker Hunt Dies at 88

Hunt died Tuesday at a Dallas assisted-living center after a long battle with Alzheimer’s disease, his brother, W. Herbert Hunt, said.

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Nelson Bunker Hunt receives a trophy after a racing victory from Britain’s Queen Elizabeth II in July 1974.

Hunt was among the world’s wealthiest men. His father was renowned Texas oilman H.L. Hunt, who left behind a multibillion-dollar fortune and Placid Oil Co., once one of the biggest independent oil companies.

Nelson Bunker Hunt built on his father’s oil and gas holdings, finding a rich Libyan oil field only to have it nationalized later by Moammar Gadhafi. He owned millions of acres of farm and ranch land in Australia, race horses and an ancient coin collection.

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