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  • Jean Paul Getty was an American industrialist. He founded the Getty Oil Company, and in 1957 Fortune magazine named him the richest living American, whilst the 1966 Guinness Book of Records named him as the world's richest private citizen, worth an estimated $1.2 billion. At his death, he was worth more than $2 billion. A book published in 1996 ranked him as the 67th richest American who ever lived, based on his wealth as a percentage of the gross national product. Preceding him in death by two months, Howard Hughes' estate was listed at $2.5 billion. But while Hughes had engaged in a great deal of philanthropy, despite his wealth, Getty was known for being a miser. Getty was an avid collector of art and antiquities; his collection formed the basis of the J. Paul Getty Museum in Los Angeles, California, and over $661 million of his estate was left to the museum after his death. He established the J. Paul Getty Trust in 1953. The trust is the world's wealthiest art institution, and operates the J. Paul Getty Museum, the Getty Foundation, the Getty Research Institute, and the Getty Conservation Institute.

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