Top 10 Jean Paul Getty Quotes

Jean Paul Getty(December 15, 1892 – June 6, 1976) was an American industrialist, an avid art collector, and founded the Getty Oil Company. He was known to be the richest man in America during his lifetime- worth about $2 billion at the time. He donated $1.2 billion(worth $9 billion today) to the J. Paul Getty Museum, one of the richest museums in the world.

Here are the top 10 greatest Jean Paul Getty Quotes:

I.

My formula for success is rise early, work late, and strike oil.

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II.

If you can count your money, you don’t have a billion dollars.

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III.

To succeed in business, to reach the top, an individual must know all it is possible to know about that business.

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IV.

I would rather earn 1% of the effort of a 100 people’s efforts than 100% of my own efforts.

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V.

The key to wealth is to learn how to make money while you sleep.

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VI.

If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.

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VII.

The #1 guideline to success is you must be in business for yourself. When you work for someone else, you sell your time at wholesale to your employer, who then re-sells it at retail to the customer.

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VIII.

In times of rapid change, experience could be your worst enemy.

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IX.

If you look after the pennies, the dollars will look after themselves.

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X.

To become a billionaire, you need luck, knowledge, a great capacity to work and the main thing – the mentality of a billionaire.

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Thank you Jean Paul Getty!

Interesting Facts:

  • He was a millionaire(worth ~$23 million today) by age 24.
  • He married five times.
  • He was frugal and stingy.
  • His grandson was kidnapped for a $17 million ransom by the Italian mafia, but was later reduced it to $3 million since he refused to pay it.
  • He agreed to pay no more than $2.2 million for the ransom, which was the maximum tax deductible amount, and loaned the rest of the ransom amount to his son with interest.
  • The Getty museum is estimated to be worth about $7 billion and has 1.6 millions visitors every year.

 

What are some of your favorite J. Paul Getty facts or quotes?

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