Leon Hess' business acumen started with picking up oil waste
products and delivering them for residential use and eventually to
refiners and utilities in 1933. His single-truck business quickly
grew to a fleet of 12 and after returning from the war, he branched
out, building his own oil refineries first at home, and later
offshore as he developed Hovensa, the largest refinery in the
Western Hemisphere, which he ran jointly with the Venezuelan
government. With his acquisition of Amerada in the 1960s, he
entered the high-stakes world of oil discovery and production,
spreading his company's name -- and resources -- globally. His
eagerness to expand the Hess empire led the company to stake one of
the largest claims on the shale acreage that is now pushing the
U.S. toward energy independence. Fourteen years after his death,
his son John Hess faces what may be the end of the family era at
Hess Corp., with a revolt from company shareholders who have
accused him of mismanagement and attacks on a board stacked with
his father's lifelong friends. Stripped of his chairmanship, John
is shutting refineries that once were the company's major earners
and seeking to sell the signature green-and-white gasoline stations
that dot the Northeast and inspired the toy trucks that have become
collectors' items. This book will answer a 2 main questions: Who is
the private figure who built the distinctive Hess brand: a Jewish
man who did business with some of the world's most powerful Arab
leaders, a sports enthusiast who refused to let his family inherit
his beloved football team, a tough businessman who also liked to
give employees holiday gifts, a supporter of conservative
politicians and a philanthropist whose foundation supports
pro-abortion causes?What will remain of the legacy of a man who was
the last of the oil titans, creating a major integrated company in
the mode of John D. Rockefeller?
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