Frank Phillips was an Entrepreneur and Oil Industrialist who had a net worth of $11 Million. He was born in 1873 and founded Phillips Petroleum in Bartlesville, Oklahoma. He served as president of the company until he turned 65, and it later merged with the Conoco Oil Company.
Frank Phillips is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $11 Million (2024)
About
Oil Industrialist who founded Phillips Petroleum in Bartlesville, Oklahoma, which later merged with the Conoco Oil Company. He led his oil company as president until he turned 65.
Before Fame
His first business venture entailed hiring farmers to dig potatoes for 10 cents a day.
Trivia
He originally wanted to be a big-time banker, but the outbreak of World War I made oil prices skyrocket and his company a fortune.
Family Life
He married Jane Gibson in 1897. They had a son and adopted two daughters.
Associated With
He and Edwin Drake were both entrepreneurs who worked in the oil industry.