T. Boone Pickens: 3 Recent Sell-Offs and 4 Big Buys

Osman Gulseven submits: The hedge fund king John Paulson is the owner of the company Paulson& Co., which has more than $32 billion of assets under its management. His firm made $15 billion in 2007 alone. He is #39 on Forbes' world's wealthiest billionaires.

Dan Carroll submits: On December 14th, Exxon (XOM) announced it was buying XTO Energy (XTO), a major Natural Gas supplier, for $31 billion. Was this a big deal? Huge to me. Exxon was betting big on natural gas. Why? Let’s first take a step back.

By Osman Gulseven: By Aubrey Tabuga

By Osman Gulseven:BP Capital, founded by T. Boone Pickens, is a relatively small hedge fund that specializes in mainly energy stocks. Energy investments amount to 95% of BP Capital's portfolio. Pickens has a vast amount of business experience in the energy sector. Before founding Mesa Petroleum in 1956, he worked for Phillips Petroleum for several years. Pickens was the king of takeovers and acquisitions during the 1980s.

By Dividendinvestr:T. Boone Pickens is the founder and chairman of the hedge fund BP Capital Management. T. Boone Pickens invests 90 percent in oil and gas equities and 10 percent in commodities. Pickens has an estimated current net worth of about $1.45 billion. Pickens has worked nearly 40 years in Mesa Petroleum, which he founded in 1956.

By Osman Gulseven:T. Boone Pickens is one of the most popular businessmen in the U.S. He frequently can be seen on TV, particularly when it comes to energy-related issues. Pickens, who became a billionaire through his oil investments, has a vast amount of business experience in the energy sector.

Osman Gulseven submits:Bill Gates runs Microsoft (MSFT) and Bill& Melinda Gates Foundation. He is the second wealthiest person in the world, owning a fortune of $56 billion. In fact, he was #1 from '96 to '07.

Dana Blankenhorn submits: A lot was written a few years ago about the “Pickens Plan” for energy independence. Some friends in West Texas were hosed by this nonsense. They really thought Boone Pickens was serious about building out the area's wind capacity and shipping it, via power lines, to distant cities. Turned out that was just PR. His money was invested in the “interim” step he wasn't talking about, retrofitting trucks and buses to run on “clean” natural gas.