DALLAS (AP) — Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with one of his brothers only to see the move end in financial disaster, has died. He was 88.
Hunt died Tuesday at a Dallas assisted-living center after a long battle with Alzheimer’s disease, his brother, W. Herbert Hunt, said.
Hunt was among the world’s wealthiest men. His father was legendary Texas oilman H.L. Hunt, who left behind a multibillion-dollar fortune and Placid Oil Co., once one of the biggest independent oil companies.