Fortunes: A Family of Shrunken Treasures

A Family of Shrunken Treasures

"A billion dollars isn't what it used to be," Nelson Bunker Hunt once said, and last week he showed that he knew what he was talking about. Bunker and his two brothers, Lamar and W. Herbert, disclosed the size of their Texas fortune for the first time. They told the Wall Street Journal that the family holdings are worth about $2.6 billion, after bank debts of $1.7 billion are subtracted. That may be handsome enough even by Texas standards, but the brothers were worth about twice as much, $5.1 billion, in 1980.

The troubles began in 1979, when the Hunts tried...

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