Siddhesh Joshi (Editor)

George Getty

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Nationality
  
American

Name
  
George Getty

Occupation
  
Businessman

Role
  
Lawyer


Known for
  
Getty Oil

Died
  
May 31, 1930

Religion
  
Christian Science

Children
  
J. Paul Getty

George Getty httpsuploadwikimediaorgwikipediacommonsthu

Full Name
  
George Franklin Getty

Born
  
October 17, 1855 (
1855-10-17
)
Allegany County, Maryland, United States

Resting place
  
Forest Lawn Memorial Park (Glendale)

Education
  
University of Michigan (JD)

Spouse
  
Sarah Catherine McPherson Risher

Grandchildren
  
John Paul Getty, Jr., Gordon Getty, J. Ronald Getty

Great grandchildren
  
John Paul Getty III, Mark Getty, Andrew Getty

Similar People
  
J Paul Getty, John Paul Getty - Jr, Gordon Getty, Ann Rork, Pia Getty

George Franklin Getty (October 17, 1855 – May 31, 1930) was an American lawyer, father of industrialist J. Paul Getty and patriarch of the Getty family.

Contents

George Getty George Getty Wikipedia

Background

George Franklin Getty was born in 1855 in Allegany County, Maryland to Martha Ann Wily and John Getty (1835-1861), who was the son of James Getty and the grandson of another John Getty, a Scots Irish Presbyterian who immigrated to America and was a relative of the namesake of Gettysburg, Pennsylvania. However, Robert Lenzner claims in his book "The Great Getty" that Gettysburg was founded by the Gettys family, not Getty. Shortly after his birth Getty's family moved from Maryland to Ohio where his father died in 1861. Getty was forced to work at a young age until his uncle, Joseph Getty, provided funds for George to attend school. Getty earned a Bachelor of Science from Ohio Northern University in 1879.

Eventually Getty married and attended law school at the University of Michigan Law School and was admitted to the bar. In 1884, George F. Getty moved to Minneapolis, Minnesota where he specialized in insurance and corporate law and made a good living in what was the "flour capital" of America. In 1890 his first child, a daughter, died in a typhoid epidemic that hit the city. In 1892, the Gettys had another child, a son, Jean Paul Getty (later known as J. Paul Getty).

In 1904, the Gettys moved from Minnesota to Oklahoma, where George began a career as an independent oilman. Within two years, he had amassed a fortune from his Minnehoma Oil Company and moved his family to Los Angeles, California. In 1913, George lent his son Jean Paul (then aged 21) money to invest in oil wells. By 1915, Jean Paul had made his first million and the following year George and Jean Paul incorporated the Getty Oil Company, later to become Getty Oil.

George never approved of Jean Paul's lifestyle. Perhaps this is why he did not leave the company in the sole control of his son. George F. Getty died in 1930. He left his estate, in the form of the controlling interest in the family firm "George F. Getty, Inc." and valued at between $10 million and $15 million U.S., to his wife Sarah, although Jean Paul Getty became President of the firm.

George Getty II

Jean Paul Getty's eldest son, George Franklin Getty's grandson, was named George Franklin Getty II (1924–1973), and was an executive in the Getty Oil company until his death. His residence, Getty House, was then donated to the city, and became the official residence of the serving Mayor of Los Angeles.

References

George Getty Wikipedia