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Born in Minneapolis, Minnesota into a family already in the petroleum business, he was one of the first people in the world with a fortune of over $1 billion U.S. dollars. He was an avid collector of art and antiquities , and his collection forms the basis of the J. Paul Getty Museum in California.
He enrolled at the University of Southern California, then at the Berkeley before graduating in 1914 at Oxford with degrees in economicsEconomics is the social science studying how society uses its limited resources to meet desires and wants. Put otherwise, economics studies what, how and for whom society produces. This involves analyzing the production, distribution and consumption of go and political sciencePolitical science is the study of politics. It involves the study of structure and process in government or any equivalent system that attempts to assure safety, fairness, and closure across a broad range of risks and access to a broad range of commons fo. He worked during the summers on his father's oil fields in OklahomaOklahoma ( In Detail) (Full size) State nickname: Sooner State Other U. States Capital Oklahoma City Largest City Oklahoma City Governor Brad Henry Area Total Land Water % water Ranked 20th 181,196 kmē 178,023 kmē 3,173 kmē 1. 8% Population Total ( 2000). Running his own oil company, he made his first million by 1916. However, in 1917, he announced that he was retiring to become a Los Angeles-based playboy. Although he eventually returned to business, Getty had lost his father's respect. Just before George Franklin Getty died in 1929, he believed that Jean Paul would destroy the family company, and told him so.
He moved to England in the 1950sCenturies: 19th century 20th century 21st century Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s Years: 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 Events and trends Technology United States tests the first fusion bomb., where he lived and worked at his 16th-century TudorThe period of English history known as the Tudor period normally refers to the period of time between 1485 and 1603 when the Tudor dynasty held the English throne. Tudor may also refer to any of the following people of that ruling family: King Henry VII o estate, Sutton Place near GuildfordSee also Guildford, Western Australia and Guildford, British Columbia. Guildford is the county town of Surrey, England, as well as being the seat for the borough of Guildford and the administrative headquarters of the South East England region. Being in a, until his death.
Despite his vast wealth, he was nortoriously tight-fisted: he had pay phones installed in his home, saved bits of string until he had enough to tie up a parcel, and washed his own underwear. In 1973, his grandson, J. Paul III, was kidnapped. Getty refused to pay the ransom until he was sent the boy's severed right ear.
He is at times referred to as Jean Paul Getty, Sr. to distinguish him from his son Jean Paul Getty, Jr. Married 5 times, his great-grandson, Balthazar, is an actor.
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