The Chronicle of Philanthropy

Oil Tycoon Gives $135-Million to Start a Foundation

By Brennen Jensen

The oil investor T. Boone Pickens has given $135-million to establish his own philanthropic foundation.

Mr. Pickens, who founded an oil company in 1956 and an energy investment firm in 1996, has amassed a fortune that Forbes estimates at $1.5-billion. The 78-year-old oilman has announced his intentions to give away the bulk of his fortune...

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