William Herbert Hunt was born in 1929 to Lyda Bunker and the oil well wildcatterH. L. Hunt.[3]
Career
In the 1970s Hunt and his brother Nelson Bunker Hunt acquired 195 million ounces of silver, worth nearly $10 billion at the peak. When the price of silver collapsed 80% in 1980 the brothers lost their fortune in the silver trading scandal called Silver Thursday; together they lost a billion dollars.[4] William Herbert Hunt went bankrupt in 1990,[5] but was able to recover years later.[6]
In 2012, Hunt sold a minor portion of Petro-Hunt's assets in the Williston Basin to Halcon Resources[7] for $1.45 billion, lifting his net wealth to an estimated $3 billion. Petro-Hunt continues to operate in the Williston Basin, Permian/Delaware Basins and other basins across the US.[8]
Personal life and death
Hunt lived in Dallas, Texas, and had five children.[3] He died there on April 9, 2024, at the age of 95.[9] He was the last surviving child of H. L. Hunt by the latter's first wife Lyda.