On This Day

American kidnap victim John Paul Getty III freed after ransom paid by oil tycoon grandfather John Paul Getty

Jean Paul Getty Sr. (December 15, 1892 – June 6, 1976) was an American petroleum industrialist who founded the Getty Oil Company in 1942 and was the patriarch of the Getty family.

Jean Paul Getty Sr. (December 15, 1892 – June 6, 1976) was an American petroleum industrialist who founded the Getty Oil Company in 1942 and was the patriarch of the Getty family. A native of Minneapolis, Minnesota, he was the son of pioneer oilman George Getty. In 1957, Fortune magazine named J. Paul Getty the wealthiest living American, while the 1966 Guinness Book of Records declared him to be the world's wealthiest private citizen, worth an estimated $1.2 billion (approximately $8.8 billion in 2024). At the time of his death, he was worth more than $6 billion (approximately $26 billion in 2024).

Events Before

  1. International Book Year begins

    International Book Year begins

  2. LA Lakers defeat the Atlanta Hawks 134-90 for their 33rd straight win, the longest winning streak in major professional

    LA Lakers defeat the Atlanta Hawks 134-90 for their 33rd straight win, the longest winning streak in major professional sports

  3. Bernice Gera wins an anti-discrimination case against the National Baseball Congress, filed on March 15, 1971, allowing

    Bernice Gera wins an anti-discrimination case against the National Baseball Congress, filed on March 15, 1971, allowing her to umpire

  4. Bloody Sunday: 27 unarmed civilians are shot (14 are killed) by the British Army during a civil rights march in Derry, N

    Bloody Sunday: 27 unarmed civilians are shot (14 are killed) by the British Army during a civil rights march in Derry, Northern Ireland; the highest death toll from a single shooting incident during 'The Troubles'

  5. Bob Douglas is the first African American elected to the Basketball Hall of Fame

    The Naismith Memorial Basketball Hall of Fame, located in Springfield, Massachusetts, honors players who have shown exceptional skill at basketball, all-time great coaches, referees, and other major…

Events After

  1. Ernie DiGregorio of Buffalo hands out 25 assists in the Braves' 120-119 win over Portland, establishing an NBA single-ga

    Ernie DiGregorio of Buffalo hands out 25 assists in the Braves' 120-119 win over Portland, establishing an NBA single-game record for assists by a rookie

  2. Lee MacPhail takes over as AL president, succeeding Joe Cronin

    Lee MacPhail takes over as AL president, succeeding Joe Cronin

  3. Science fiction TV series "The Six Million Dollar Man" premieres on ABC, starring Lee Majors

    The Six Million Dollar Man is an American science fiction and action television series, running from 1973 to 1978, about a former astronaut, USAF Colonel Steve Austin, portrayed by Lee Majors.

  4. Barbra Streisand's first #1 hit, "The Way We Were"

    The Way We Were is the fifteenth studio album recorded by American singer Barbra Streisand.

  5. Mel Brooks' western spoof film "Blazing Saddles," starring Cleavon Little and Gene Wilder, premieres at the Pickwick Dri

    Mel Brooks' western spoof film "Blazing Saddles," starring Cleavon Little and Gene Wilder, premieres at the Pickwick Drive-In in Burbank, California; patrons watch from horseback rather than cars

More from the 1970s

Frequently Asked Questions

What happened on December 15, 1973?
Jean Paul Getty Sr. (December 15, 1892 – June 6, 1976) was an American petroleum industrialist who founded the Getty Oil Company in 1942 and was the patriarch of the Getty family. A native of Minneapolis, Minnesota, he was the son of pioneer oilman George Getty.
Why is American kidnap victim John Paul Getty III freed after ransom paid by oil tyc... historically important?
Paul Getty the wealthiest living American, while the 1966 Guinness Book of Records declared him to be the world's wealthiest private citizen, worth an estimated $1.2 billion (approximately $8.8 billion in 2024). At the time of his death, he was worth more than $6 billion (approximately $26 billion in 2024).

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