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The Big Rich: The Rise and Fall of the Greatest Texas Oil Fortunes, by Bryan Burrough
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"What's not to enjoy about a book full of monstrous egos, unimaginable sums of money, and the punishment of greed and shortsightedness?"
Phenomenal reviews and sales greeted the hardcover publication of The Big Rich, New York Times bestselling author Bryan Burrough's spellbinding chronicle of Texas oil. Weaving together the multigenerational sagas of the industry's four wealthiest families, Burrough brings to life the men known in their day as the Big Four: Roy Cullen, H. L. Hunt, Clint Murchison, and Sid Richardson, all swaggering Texas oil tycoons who owned sprawling ranches and mingled with presidents and Hollywood stars. Seamlessly charting their collective rise and fall, The Big Rich is a hugely entertaining account that only a writer with Burrough's abilities-and Texas upbringing-could have written.
- Sales Rank: #39734 in Books
- Published on: 2010-03-30
- Released on: 2010-03-30
- Original language: English
- Number of items: 1
- Dimensions: 8.40" h x 1.10" w x 5.50" l, .90 pounds
- Binding: Paperback
- 480 pages
From Publishers Weekly
Starred Review. Capitalism at its most colorful oozes across the pages of this engrossing study of independent oil men. Vanity Fair special correspondent Burrough (coauthor, Barbarians at the Gate) profiles the Big Four oil dynasties of H.L. Hunt, Roy Cullen, Clint Murchison and Sid Richardson, along with their cronies, rivals, families and, in Hunt's case, bigamous second and third families. The saga begins heroically in the early 20th-century oil boom, with wildcatters roaming the Texas countryside drilling one dry hole after another, scrounging money and fending off creditors until gushers of black gold redeem them. Their second acts as garish nouveaux riches with strident right-wing politics are entertaining, if less dramatic. Decline sets in as rising production costs and cheaper Middle Eastern oil erode profits, and a feckless, feuding second generation squanders family fortunes on debauchery and reckless investment—H.L.'s sons' efforts in 1970 to corner the silver market bankrupted them and almost took down Wall Street. This is a portrait of capitalism as white-knuckle risk taking, yielding fruitful discoveries for the fathers, but only sterile speculation for the sons—a story that resonates with today's economic upheaval. (Jan. 27)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From The New Yorker
When a huge oil reserve was discovered at Spindletop, in southeast Texas, in 1901, the state was an inward-looking �hell with cows� built around lumber, cotton, and cattle. In this riveting history, Burrough charts the decades-long rush that made Texas oil into a political and economic powerhouse through the lives of the four great barons: Hugh Roy Cullen, Clint Murchison, Sid Richardson, and H. L. Hunt. Each began his foray into oil as a wildcatter, striking it rich through a combination of intuition and bravado. The fortunes of the Big Four swelled during the Second World War, when the United States was the world�s leading producer of crude, but by the nineteen-eighties Middle Eastern oil was ascendant, and the barons� legacies had �dissolved into a sordid litany of debauchery, family feuds, scandals, and murder.� Burrough brings each of his outsized subjects brilliantly to life, pitching their individual epics against a grand narrative of rise and decline.
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From Booklist
*Starred Review* The Texas oil fortunes forged by independent oilmen, known as wildcatters, had its roots in the first oil strikes during the 1890s, but it was during the Great Depression that Roy Cullen, Clint Murchison, Sid Richardson, and H. L. Hunt, known as the Big Four, rose to affluence in Texas society to become the Big Rich. By the 1950s, these families emerged as some of the richest in America, yet almost no one outside the insular world of Texas oil even knew they existed. The most colorful of them, H. L. Hunt, was a bigamist with three separate families that he managed to keep secret from each other for years. His sons, Bunker and Herbert, are famous for their botched attempt to corner the silver market that nearly brought down the entire financial system in 1981. Burrough chronicles three generations of these oilmen, whose legacy includes the birth of the ultraconservative political movement and the archetype of the flamboyant Texas oilman with scores of ranches and airplanes, wielding the power of a J. R. Ewing. Burrough, a special correspondent at Vanity Fair and author of numerous best-selling books, invokes a tale of bitter competition, family feuds, booms, and bankruptcies that more than lives up to the legends. --David Siegfried
Most helpful customer reviews
0 of 0 people found the following review helpful.
Texas oil power
By mike6
This is the one best book you can find on how the great oil fortunes of TX were built. This is a monumental work on the subject. I live in TX, and it's truly a tale of history of our state as seen from the oil industry. TX oil fortunes have affected our world on many levels.
Brilliant job, readable, and you won't put it down. I bought a copy just to reread. It's quite a primer on oil power and politics.
I highly recommend it for anyone interested in TX history or business history. A classic work destined to be read for years to come.
0 of 0 people found the following review helpful.
ONLY THOSE TEXANS WITH MONEY AND POWER ARE CRAZY
By DoubleM
WOW! I started my career with an oil and gas attorney in San Angelo, Texas, in the late 1950s, and have continued my entire career in that world, ending up a landman in Midland, Texas. Embedded in that culture, of course, I knew of the Texas Oil families (I also happen to be an original Kansas City Chiefs' fan), but had no idea of the coziness of these landed gentry (oil acreage)and politicians, influencing national policies for their own benefit to the detriment of others, perhaps the forerunner of today's political mess.
Over the years I did see, from the inside, the manipulations of banks and markets by "oil people" - it wasn't pretty!!!!
At any rate, Bryan Burrough has, almost with photographic skill, written a real-life scenario comparable to any suspenseful mystery writer of today - I could not put the book down, staying up late at night wanting to know how it all worked out.
CAVEAT: NOT ALL TEXANS ARE INSANE - JUST THOSE TO WHOM MONEY/POWER IS/ARE GOD !!!!
HGHLY RECOMMENDED!!!!
0 of 0 people found the following review helpful.
Amazing story of Texas oil
By AuntCarolynSisterNanaMom
Amazing story of Texas oil, its billionaires, its politics and its history of how we came to be the way we are as Texans on the road to the way we are in 2014. I grew up in the 50's in a sleepy little town 35 miles north of Dallas. My parents were Democrats, my father a self-employed home builder. I heard daily discussions of politics, the government's ineptitude and wasteful policies, how big unions encouraged laziness and less productive workers (GM, AT&T, etc.) and I heard many negative discussions about LBJ and how he "stuffed the ballot boxes". Of course, at the tender age of 7- 16, I didn't know what that meant nor was I concerned with it. Somewhere in the sixties, my parents became (mostly) Republicans. This book was a great read, with lots of footnotes and source references. I learned a lot and understand a lot more about my history as a native Texan!
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