When the grandson of the richest man in the world was kidnapped by Italian gangsters in the ’70s, his grandfather refused to pay the ransom until he received the teenager’s severed ear in an envelope. Even then, J. Paul Getty haggled with the captors until the price for his grandson’s release was suitably tax deductible.
At the time of Paul’s kidnapping, his grandfather was not only the richest man in the world, he was the richest man in the history of the world
Getty was not shy about his penny-pinching either. For instance, he once admitted to the BBC that he installed a payphone in his mansion for guests. (Williams is forced to use the payphone inAll the Money World).
Finally, Getty agreed to get involved, and negotiated a deal to pay a total of $2.9 million. He put up the first $2.2 million with no strings attached, as that was the maximum amount of money that was tax deductible. The remaining sum was given to Getty Jr. as a loan, which he was responsible to repay at 4% interest.
https://www.msn.com/en-us/movies/ce...e-world/ar-BBHkK9q?li=BBmkt5R&ocid=spartanntp
At the time of Paul’s kidnapping, his grandfather was not only the richest man in the world, he was the richest man in the history of the world
Getty was not shy about his penny-pinching either. For instance, he once admitted to the BBC that he installed a payphone in his mansion for guests. (Williams is forced to use the payphone inAll the Money World).
Finally, Getty agreed to get involved, and negotiated a deal to pay a total of $2.9 million. He put up the first $2.2 million with no strings attached, as that was the maximum amount of money that was tax deductible. The remaining sum was given to Getty Jr. as a loan, which he was responsible to repay at 4% interest.
https://www.msn.com/en-us/movies/ce...e-world/ar-BBHkK9q?li=BBmkt5R&ocid=spartanntp
