Poker Winnings Fund Oil Empire
Share
A story about H.L. Hunt, who went from being a high school dropout gambler to becoming the richest man in the world through oil.
"H.L. Hunt was born in the early 1900s and was a high school dropout, but he was this kind of math genius type and a gambler. He ran away from home at age 15, drifted across the country doing odd jobs. Eventually, he had like $50 or $100, gambled it playing poker, and turned that into $100,000 (worth about $3 million today).
He takes that money and starts buying oil leases. He was mildly successful, but at age 36 he was like 'Man, this oil business sucks because I make a little money, I risk it all, sometimes I lose, sometimes I win - it's like I'm still gambling, I want out.'
So he sells all his stuff and decides to do one last thing. With the money from selling his assets, he buys a plot of land in Texas. It turns out to be a lotto ticket - it was the largest oil reserve ever discovered in Texas. Twenty years later, he becomes the richest man in the world.
Throughout all of this, he was a crazy person. He ended up having 15 kids with 3 different women. Some of the kids were total degenerates - 3 or 4 of them died from drugs, plane crashes, motorcycle crashes, car crashes. But a few of them were awesome. One of his daughters started the Rosewood Hotels, and another son Lamar is credited with naming the Super Bowl."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.