William Herbert Hunt was born in 1929 to Lyda Bunker and the oil well wildcatter H. L. Hunt.
In the 1970s Hunt and his brother Nelson Bunker Hunt acquired 195 million ounces of silver, worth nearly $10 billion at the peak. When the price of silver collapsed 80% in 1980 the brothers lost their fortune in the silver trading scandal called Silver Thursday; together they lost a billion dollars. william Herbert Hunt went bankrupt in 1990, but came back to power years later.
In 2012, Hunt sold his company Petro-Hunt’s stake in the Bakken shale field to Halcon Resources for $1.45 billion, lifting his net wealth to an estimated $3 billion or more.