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The billionaire philanthropists Bill and Melinda Gates have purchased an exquisite beach house outside San Diego-splashing out on $43 million for an oceanfront mansion in the coastal town of Del Mar, CA. The prodigious purchase price makes it one of the largest sales in the area's history. The luxurious six-bedroom, four-bathroom, 5,800-square-foot home was sold to the Gates family by Madeleine Pickens, a former wife of the billionaire oil baron T. Boone Pickens, according to the Wall Street Journal. The home originally landed on the market for $48 million in January 2019. The oceanfront property was built by the architect...

The following message from T. Boone Pickens was written prior to his passing on September 11, 2019. Mr. Pickens’ website and social media accounts are now being maintained by T. Boone Pickens Foundation team members. ========================================================================================= If you are reading this, I have passed on from this world — not as big a deal for you as it was for me. In my final months, I came to the sad reality that my life really did have a fourth quarter and the clock really would run out on me. I took the time to convey some thoughts that reflect back...

Pickens had an energy career that went from laborer to tycoon — and the Oklahoma State benefactor was among the few business elites granted "dual citizenship" on both sides of the Red River. T. Boone Pickens, legendary energy executive, philanthropist, ardent Oklahoma State University supporter and one of America's most famous entrepreneurs, died peacefully Wednesday of natural causes at his home in the Vendome. He was 91. Over the years, Pickens gave $2 million to the VNA Dallas' Meals on Wheels. He spent many Christmas and Thanksgiving days delivering turkey dinners to recipients who had no clue who the delivery...

Late last year, T. Boone Pickens was back at it, drilling for oil. On his 65,000-acre ranch in the Texas Panhandle, an expanse full of wildflowers and rolling hills, Mr. Pickens, 89, had erected a $6 million rig and started pumping fracking fluid into the earth. Decades past his heyday as a self-made oil mogul and old-school corporate raider, his fortune and his public profile diminished, Mr. Pickens was still hoping to strike it rich, just as he had done some 60 years ago as a young wildcatter in Amarillo. The well has begun producing, but Mr. Pickens — who...

Oil billionaire T. Boone Pickens, who on Wednesday endorsed presumptive GOP nominee Donald Trump, is planning to host a fundraising event for the pro-Trump super PAC next month, the first major effort by the super PAC to raise money. Mr. Pickens, chairman of the hedge fund BP Capital, has invited Ed Rollins, the co-chairman of the super PAC, to visit his Texas ranch in mid-June, along with a few other fundraising officials from the group. The goal is both to raise money for the super PAC and to bolster party unity, a spokesman for Mr. Pickens said.

Top Republican donors may be taking their time flocking to Donald Trump, but a prominent billionaire is on board: energy and hedge fund magnate T. Boone Pickens. Pickens, speaking to reporters on the sidelines of a hedge fund conference in Las Vegas, said he talked to Trump Monday and confirmed to the New York billionaire and presumptive nominee he'd support his candidacy.

LAS VEGAS—Oil billionaire T. Boone Pickens, who previously backed former Florida Gov. Jeb Bush’s presidential campaign, on Wednesday endorsed presumptive Republican nominee Donald Trump and said he supports the candidate’s proposal to temporarily ban Muslims from entering the U.S. Mr. Pickens, who donated $100,000 to the super PAC backing Mr. Bush last February, said he would welcome a president with no elected experience.

ladimir Putin's military campaign in Syria is stirring up trouble in the Middle East -- and jacking up oil prices in the process. T. Boone Pickens, the billionaire oil man, believes that's exactly what Putin was hoping for. "He wants a higher price for oil," Pickens told CNNMoney's Cristina Alesci. "A lack of leadership in the United States has allowed Putin to walk into the Middle East and be right there." Energy-reliant Russia has been slammed by the crash in world oil prices. The Russian economy is in recession and the ruble has collapsed against the dollar. But last week...

Energy entrepreneur T. Boone Pickens predicted Tuesday that Brent crude oil will be at $90 to $100 barrel in 12 to 18 months. "The world got along fine with $100 oil," he said on CNBC. Less global demand for oil is more to blame for the price drop than oversupply, Pickens said in a "Squawk Box" interview. "The demand for the world was another 1.3 million this year, and half of that is what we got," he continued. "The oversupply for oil has come from the United States." The Organization of the Petroleum Exporting Countries alone can't satisfy the world's...

When we were children we learned, from Exodus, about the Children of Israel wandering in the desert for 40 years. When we were children, 40 years seemed like, well, a lifetime. I’m 85 and 40 years still seems like a lifetime. But it has been over 40 years since President Richard Nixon addressed the nation on the need for a national energy policy. That was on Nov. 7, 1973, during the Arab oil embargo precipitated by war in the Mideast. “By the end of this month, more than 2 million barrels a day of oil we expected to import into...

On Aug. 29 the biggest proponent of the NAT GAS Act, Mr. T. Boone Pickens, decided that some battles simply aren’t worth fighting any more. T. Boone Pickens said natural gas vehicles can survive just fine without Congress approving his so-called Pickens Plan. “It’s going to happen, and you don’t have to have Washington do it, thank God,” Pickens said at Wednesday’s energy luncheon hosted by POLITICO… And Pickens strongly suggested that he doesn’t have any plans to try to push his plan anymore in the nation’s Capital. “I will not go back to Washington again unless it’s for a...

With only the formality of the Republican National Convention standing between them and the November election, the “Comeback Team” of Mitt Romney and Paul Ryan has a little less than three months in which to convince a majority of the American electorate it is better equipped to govern the country for the next four years than its Democrat counterpart. If these two Republican leaders wish to get a jump start on accomplishing that goal, there is one person with whom they quickly should set up an appointment – Texan T. Boone Pickens. Romney noted in his speech last Saturday at...

LONDON, April 29 (Reuters) - Large wind farms might have a warming effect on the local climate, research in the United States showed on Sunday, casting a shadow over the long-term sustainability of wind power. Carbon dioxide and other greenhouse gases from burning fossil fuels contribute to global warming, which could lead to the melting of glaciers, sea level rise, ocean acidification, crop failure and other devastating effects, scientists say. In a move to cut such emissions, many nations are moving towards cleaner energy sources such as wind power. The world's wind farms last year had the capacity to produce...

BEGIN TRANSCRIPT RUSH: Here's Boone Pickens. He was on MSNBC this morning on Scarborough's show. They had a discussion about Obama's speech. Scarborough said, "You have a question about the president's speech? What's your question about it?" PICKENS: The president is confusing me. Every time he's on TV he says that the rich should pay their fair share. I don't know what "fair share" is. That's what's bothering me. I always want to be fair, and historically I've been a very fair guy. I'm 83. I still go to work in the morning at eight o'clock. I have 150 people...

With a swoosh, the Gulfstream 550 is effortlessly launched into the heavens for the hour-long slingshot from Dallas to Stillwater, the sleek jet headed for Oklahoma State University and the football field bearing the name of our host -- Boone Pickens Stadium. The game against Kansas State University is spectacular, a record 58,750 fans roaring their (now) No. 2-rated Cowboys to an explosive 52-45 victory. It's hard to believe this stadium was the scene of the crime five years ago. In 2005, T. Boone Pickens, the energy billionaire tycoon, made a $165 million gift to his alma mater, and in...

In the 1850s, on the steps of the Waco courthouse, Wallace Jefferson’s great-great-great-grandfather was sold. Today, Jefferson is chief justice of Texas’s Supreme Court. The governor who nominated him also nominated the state’s first Latina justice. Rick Perry, 61, the longest-serving governor in Texas history and, in his 11th year, currently the nation’s senior governor, says these nominations are two of his proudest accomplishments. French cuffs and cowboy boots are, like sauerkraut ice cream, an eclectic combination, but Perry, who wears both, is a potentially potent candidate for the Republican presidential nomination because his political creed is uneclectic, matching that...

This week's uprising in Egypt that occurred in concert with a minor spike in the price of oil unsurprisingly led to renewed commentary suggesting the U.S. must achieve "energy independence." A USA Today editorial noted that "More than half the oil Americans use is imported - a vulnerability exposed by the ongoing tumult in Egypt", while noted energy scold T. Boone Pickens decried our continued "exposure" to overseas events that allegedly reward us with higher oil prices. But looked at with a more reasoned eye, the events in Egypt exposed the sheer absurdity of the charitably false notion of energy...

According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days." On or about that same date, the price of oil in the United States will begin to climb to $4 a gallon, according to two savants of the oil industry. The former is highly unlikely but the latter is very probable. The escalation in the price of oil is predicted by the legendary oil man T. Boone Pickens, known for his financial acuity as well as his oil expertise, and John Hofmeister, who retired as president of Shell Oil Company, to sound the alarm...

Oil tycoon T. Boone Pickens' TV commercials blasted the airwaves in 2008 with his big idea to get America off foreign oil imports: natural gas and wind energy. Two years later, let’s just make that natural gas. Since the billionaire’s plans for the world’s largest wind farm fell apart in the Texas Panhandle, Pickens has edited his much-hyped “Pickens Plan” to focus primarily on his other big business interest: natural gas. Touting 1.7 million Pickens Plan supporters, he’s now pushing Congress to pass legislation that would offer incentives to convert 18-wheelers and fleet vehicles to run on compressed natural gas,...

As the last American combat troops left Iraq last week, Oil-tycoon-turned-clean-energy-innovator T. Boone Pickens was at the American Renewable Energy Day conference in Aspen, lamenting that the U.S. didn’t take hold of the rich oil fields in the war-torn Middle Eastern nation before they left. Pickens at first elicited laughs from an audience at the Paepcke Auditorium on Saturday night, as he bluntly made the case for America’s right to Iraq’s oil. Those laughs subsided as he recalled how he personally lobbied Presidents George W. Bush and Barack Obama to seize Iraq’s natural resources. “I’ve heard people accuse President Bush...