“Long Before ‘Popsie’ Hunt’s Death, However, An Ugly Struggle Had Already Begun Within His Family”

When you possess $5 billion and several families full of highly ambitious people, you bequeath a great deal of drama along with great wealth when you die. H.L. Hunt, an oilman with a backstory as large as Texas itself, left just that sort of a messy arrangement in 1974 when he succumbed to cancer. His descendants behaved in such a manner that they reputedly were the inspiration for the melodramatic TV series, Dallas. From a 1974 People:

“Haroldson Lafayette Hunt was 32 and broke when he sat down to a game of five-card stud in the Arkansas boom town of El Dorado and won his first oil well. By the time he died of cancer two weeks ago at age 85, H.L. Hunt had pyramided his poker winnings into a global oil empire that made him one of the world’s half-dozen wealthiest men. Long before ‘Popsie’ Hunt’s death, however, an ugly struggle had already begun within his family over the disposition of the Texas tycoon’s personal fortune, estimated at $5 billion. 

The issue is between Hunt’s children by his first wife and those of his second. His first marriage to Lyda Bunker Hunt produced four sons and two daughters—Mrs. Al Hill, 59, H.L. Jr., 57, Mrs. Hugo W. Schoellkopf Jr., 52, Nelson Bunker, 48, Herbert, 46, and Lamar, 42. Hunt’s second wife was Ruth Ray Wright, a former Hunt company secretary, who married H.L. two years after Lyda’s death in 1955. She had four children, whom H.L. immediately adopted: Ray, 30, June, 29, Helen, 26, and Swanee, 23. (Friends say members of the family have told them H.L. was their actual as well as adoptive father.) 

The internecine intrigue began, H.L. confidant Paul Rothermel told a federal grand jury, when he convinced the patriarch in 1969 to leave 51% of Hunt Oil to the ‘second family.’ The first six children, recalled Rothermel, had already amassed many millions of their own. However, the other four children had ‘only’ about $3 million all-told in trust funds. Two years later, private detectives working for Nelson Bunker and Herbert were convicted of tapping the phones of Rothermel and four other Hunt Oil executives believed sympathetic to the younger set of Hunts. Themselves now under federal indictment for ordering the wiretaps, Nelson Bunker and Herbert have pleaded not guilty, arguing that they simply wanted to investigate unaccountable company losses of $62 million over two years. Should the two Hunts be convicted, they could be fined up to $10,000 or be sentenced to five years, or both. For his part, Rothermel has come to an undisclosed out-of-court settlement with the Hunts over the wiretap. “

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Hunt was a staunch conservative, 1950s:


Dallas reboot, coming in 2012:

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