Famed energy tycoon and renowned entrepreneur T Boone Pickens has died aged 91.
Pickens passed away from natural causes at his longtime home in Dallas, Texas, on Wednesday afternoon surrounded by family.
A spokesperson for the family, Jay Rosser, said Pickens had been on hospice care since last Thursday after his health deteriorated followed a couple of strokes and a few falls.
The self-made billionaire – known to most as ‘Boone’ – is remembered for his commanding presence in the oil industry, which propelled him from laborer to corporate legend.
Famed energy tycoon and renowned entrepreneur T Boone Pickens died aged 91 at his home in Dallas, Texas, on Wednesday
One of Pickens’ closest friends, retired banker Alan White, told the Dallas Morning News: ‘Ralph Waldo Emerson said: “Do not go where the path might lead, but instead go instead where there is no path and leave a trail.” That was Boone.
‘Boone was always going some place where there was no path. He left trails all of his life. Many of us had the good fortune of being able to follow along with him.’
Pickens is the third Dallas-based billionaire to die this year, the first two being Ross Perot and Herb Kelleher.
‘Herb, Boone and my father were members of our society who will never be replaced,’ Ross Perot Jr told the Morning News.
‘They were unique, quality, driven men who had larger-than-life personalities and who made a huge, positive impact on our community and our country.’