Timothy Headington was born on 1950 in Dallas, Texas, United States. He made his fortune in the oil business, selling his Bakken oil fields to XTO Energy in 2008 for $1.85 billion. After that, Tim Headington plunged into a bigger passion: moviemaking. Teamed with legendary film producer Graham King, he bankrolled some hugely expensive but Oscar-winning films like "Hugo" and "Rango" and found big success with smaller stakes in Brad Pitt's "World War Z" and Best Picture "Argo. " Headington has since backed away from the movies for now, and is instead dedicated to making his mark on Dallas -- having assembled a huge land position downtown and recently completed a lavish expansion of his boutique hotel Joule. Headington has grand dreams for bigger hotel/condo projects. In 2012 his own Miami condo sold for $25 million. Inspired by his geologist father, Headington founded Headington Oil in 1978. He stayed under the radar until that 2008 sale. Still investing in oil, the big dip in his net worth this year is due to the oil price bust. After Oklahoma University, Headington earned graduate degrees in theology and psychology at Fuller Theological Seminary. His nascent Headington Institute aims to give psychological training to humanitarian relief workers worldwide.
Timothy Headington is a member of Energy
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Biography/Timeline
1978
Inspired by his Geologist Father, Headington founded Headington Oil in 1978. He stayed under the radar until 2008 when he sold acreage in North Dakota's Bakken oil play to XTO Energy for $1.85 billion.
2012
He produced Angelina Jolie's feature directorial debut, In the Land of Blood and Honey, which was Golden Globe nominated for Best Foreign Language Film; as well as the recipient of the Stanley Kramer Award and the NAACP Image Award for Outstanding Foreign Motion Picture in 2012.
2013
Headington was honored in November 2013 as an inductee to the Oklahoma Hall of Fame.