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Telling Fortunes

No. 27: Timothy Headington

Age: 63Home: DallasNet Worth: $2.5 billion

With his father having been a geologist, perhaps it is only natural that Timothy Headington took an interest in oil. In 1978 he founded Headington Oil, where he kept a low profile until 2008, when he sold acreage in North Dakota’s Bakken Shale to XTO Energy (now part of Exxon Mobil) and reaped $1.85 billion. Since then, he has invested millions in GK Films with the British producer Graham King and bankrolled movies such as Hugo and The Departed. His mark is increasingly evident in Dallas, where he owns two luxury boutique hotels, the Joule and the Hotel Lumen.


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