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Sir Michael Parkinson | 0:00:07 | 0:00:08 | |
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J PAUL GETTY: Money is secondary. | 0:00:22 | 0:00:24 | |
Nobody makes money unless they run a mint. | 0:00:24 | 0:00:27 | |
One of the companies that I'm heavily interested in | 0:00:27 | 0:00:32 | |
owes over 300 million. | 0:00:32 | 0:00:35 | |
There are crackpots in England. | 0:00:35 | 0:00:39 | |
I like the company of women. | 0:00:39 | 0:00:42 | |
Most millionaires that I've known are very hard-working men. | 0:00:42 | 0:00:48 | |
I like to think I'm average. | 0:00:48 | 0:00:51 | |
ALAN WHICKER: The richest man in the world rules an empire... | 0:00:51 | 0:00:56 | |
alone. | 0:00:56 | 0:00:58 | |
To most of us, big money means | 0:01:20 | 0:01:22 | |
the £75,000 prize on the Treble Chance. | 0:01:22 | 0:01:25 | |
To be as rich as this man, | 0:01:25 | 0:01:27 | |
you'd need to win the pools every Saturday for 800 years. | 0:01:27 | 0:01:32 | |
He could afford to give a pound note | 0:01:32 | 0:01:34 | |
to every man, woman and child in the world | 0:01:34 | 0:01:37 | |
and that includes the Chinese. | 0:01:37 | 0:01:39 | |
He could pay this year's income tax for everyone in Britain. | 0:01:39 | 0:01:43 | |
He could spend £275,000 every day until he's 100 | 0:01:43 | 0:01:48 | |
and still have a bit put by. | 0:01:48 | 0:01:51 | |
His personal fortune has been estimated at £400 million, | 0:01:51 | 0:01:56 | |
his assets at more than £3,000 million. | 0:01:56 | 0:01:59 | |
Last year, his income from just three of his companies | 0:01:59 | 0:02:03 | |
was around £34,000 a day. | 0:02:03 | 0:02:06 | |
He earns more each day than the average man earns in a lifetime. | 0:02:07 | 0:02:12 | |
He's several times richer than the gold reserves of a sterling area. | 0:02:12 | 0:02:15 | |
His real wealth is incalculable. | 0:02:15 | 0:02:18 | |
J Paul Getty is unique. | 0:02:26 | 0:02:28 | |
He's the only American dollar billionaire. | 0:02:28 | 0:02:31 | |
A billion dollars is more than £357 million. | 0:02:31 | 0:02:34 | |
Only the legendary rulers of Kuwait and Saudi Arabia | 0:02:34 | 0:02:38 | |
can compare financially with this private citizen | 0:02:38 | 0:02:41 | |
who becomes more of an exception every day. | 0:02:41 | 0:02:44 | |
For he is an absolute monarch. No man tells him what to do. | 0:02:44 | 0:02:49 | |
No group of directors, | 0:02:49 | 0:02:50 | |
no shareholders influence his lonely decisions. | 0:02:50 | 0:02:54 | |
Getty is a one-man international power - | 0:02:54 | 0:02:57 | |
70 companies, 19,000 employees, | 0:02:57 | 0:03:01 | |
his private empire of refineries and tankers and immense oil reserves | 0:03:01 | 0:03:05 | |
submerged in a complex corporate tangle | 0:03:05 | 0:03:08 | |
and held firmly under his own strong thumb. | 0:03:08 | 0:03:11 | |
For no-one puts the pressure on | 0:03:11 | 0:03:14 | |
the largest independent oil-producer in the world. | 0:03:14 | 0:03:18 | |
Around the globe, the Getty oil wells gush. | 0:03:19 | 0:03:22 | |
80,000 barrels a day from the neutral zone of Arabia. | 0:03:22 | 0:03:25 | |
More from Iran and Canada. | 0:03:25 | 0:03:27 | |
In the United States, wherever oil is produced, there he is, | 0:03:27 | 0:03:31 | |
along the Pacific coast and in the Rocky Mountains, | 0:03:31 | 0:03:34 | |
North Dakota and Wyoming, | 0:03:34 | 0:03:36 | |
New Mexico and Texas and Mississippi. | 0:03:36 | 0:03:39 | |
One company alone owns 6,000 oil wells. | 0:03:39 | 0:03:42 | |
His liquid wealth, carried around the world by the Getty fleet - | 0:03:42 | 0:03:46 | |
by 29 giant tankers just built in France and Japan | 0:03:46 | 0:03:49 | |
and plying between the oil fields | 0:03:49 | 0:03:52 | |
and refineries near Naples in Italy, | 0:03:52 | 0:03:55 | |
at Mizushima and Kawasaki in Japan, | 0:03:55 | 0:03:57 | |
at Wilmington, Delaware, in California and Kansas, | 0:03:57 | 0:04:00 | |
Texas and Colorado. | 0:04:00 | 0:04:02 | |
Across the American continent, | 0:04:02 | 0:04:05 | |
10,000 service stations sell the petrol they produce. | 0:04:05 | 0:04:08 | |
Mr Getty controls office blocks and hotels in New York... | 0:04:10 | 0:04:14 | |
at Acapulco, Mexico... | 0:04:14 | 0:04:15 | |
Tulsa, Oklahoma... Los Angeles. | 0:04:15 | 0:04:18 | |
Then there's an aircraft corporation and his insurance, | 0:04:18 | 0:04:22 | |
life assurance and finance companies. | 0:04:22 | 0:04:24 | |
This, then, is the realm of J Paul Getty. | 0:04:24 | 0:04:28 | |
A complex kingdom, | 0:04:29 | 0:04:31 | |
ruled not from some sky-scraping concrete tower in Manhattan, | 0:04:31 | 0:04:35 | |
an exotic potentate's palace in Arabia | 0:04:35 | 0:04:38 | |
or a bustling building in Beirut, | 0:04:38 | 0:04:40 | |
but from here... | 0:04:40 | 0:04:42 | |
..from a rambling 16th-century country house in 700 acres of Surrey, | 0:04:46 | 0:04:51 | |
linked to the outside world | 0:04:51 | 0:04:53 | |
by just two telephone lines through the Guilford exchange. | 0:04:53 | 0:04:57 | |
The whole improbable empire of Mr Getty | 0:04:59 | 0:05:02 | |
is controlled from this country seat of power | 0:05:02 | 0:05:04 | |
where he moved in the summer of 1960 | 0:05:04 | 0:05:07 | |
after living in modest hotel suites in Paris and London, | 0:05:07 | 0:05:10 | |
and though he talks of returning to California, | 0:05:10 | 0:05:13 | |
here, it seems, he'll stay. | 0:05:13 | 0:05:15 | |
For though the Getty empire may be far-flung, | 0:05:15 | 0:05:18 | |
its founder is not much of a traveller. | 0:05:18 | 0:05:20 | |
He won't fly since he was caught in a Tornado 20 years ago, | 0:05:20 | 0:05:23 | |
and he's fearful of the sea, | 0:05:23 | 0:05:26 | |
which makes getting back to the United States something of a problem | 0:05:26 | 0:05:29 | |
and helps to explain why his nightly telephone bill can be £140. | 0:05:29 | 0:05:34 | |
The rich, it's been said, are different from the rest of us. | 0:05:36 | 0:05:39 | |
They have more money. | 0:05:39 | 0:05:41 | |
But, of course, there's much more to it. | 0:05:41 | 0:05:43 | |
Everything about multi-millionaires | 0:05:43 | 0:05:46 | |
is so contrary to our ordinary experience | 0:05:46 | 0:05:48 | |
that they're remote and mysterious as beings from another planet. | 0:05:48 | 0:05:52 | |
They don't seem to belong to our human race. | 0:05:52 | 0:05:55 | |
Few of us would be what we are today if we could afford to be different | 0:05:55 | 0:05:59 | |
and everyone's reaction, your reaction, | 0:05:59 | 0:06:02 | |
to great wealth is self-revealing. | 0:06:02 | 0:06:05 | |
For some, the mere existence of the very rich is an offence. | 0:06:05 | 0:06:08 | |
For others, the only thing wrong with them | 0:06:08 | 0:06:11 | |
is that their unlimited pleasures can't be shared. | 0:06:11 | 0:06:14 | |
But in reality of course, | 0:06:14 | 0:06:15 | |
even multi-millionaires soon reach the limits | 0:06:15 | 0:06:18 | |
to the purely personal gratification great wealth can buy. | 0:06:18 | 0:06:21 | |
They can only eat so much food, however exotic, | 0:06:21 | 0:06:24 | |
only live in one house at a time, however splendid, | 0:06:24 | 0:06:27 | |
only sleep in one bed, use one bath, wear one suit. | 0:06:27 | 0:06:31 | |
To this modest man, such enforced restraint comes naturally. | 0:06:31 | 0:06:35 | |
This is his counting house, with just two young secretaries to help him. | 0:06:35 | 0:06:41 | |
There's no Telex, no ticker tape, no high pressure. | 0:06:41 | 0:06:46 | |
SECRETARY: Was that international? | 0:06:46 | 0:06:48 | |
Oh, yes, just a minute, I'll see if Mr Getty's available. | 0:06:48 | 0:06:51 | |
Will you hold on? | 0:06:51 | 0:06:52 | |
WHICKER: 'In a pleasant, unassuming study, with an ordinary desk | 0:06:52 | 0:06:57 | |
'in an ordinary clutter, Mr Getty proceeds calmly and purposefully | 0:06:57 | 0:07:02 | |
'towards his second billion.' | 0:07:02 | 0:07:03 | |
I think we might as well wait a while. | 0:07:03 | 0:07:06 | |
I don't think we have enough data yet to, er... | 0:07:07 | 0:07:11 | |
..do anything definite now. | 0:07:12 | 0:07:15 | |
I think it'll be about next month | 0:07:16 | 0:07:18 | |
before we have the data. | 0:07:18 | 0:07:20 | |
Yes. | 0:07:21 | 0:07:23 | |
Yes, it's being processed in Texas. | 0:07:24 | 0:07:26 | |
All right. | 0:07:28 | 0:07:30 | |
Thank you. Goodbye. | 0:07:31 | 0:07:33 | |
WHICKER: Mr Getty always knows exactly what his empire is about, | 0:07:37 | 0:07:41 | |
and he's probably the only man who does, | 0:07:41 | 0:07:43 | |
for his fortune remains as baffling and enigmatic as his private life. | 0:07:43 | 0:07:48 | |
Like an iceberg, the vital mass is submerged from sight. | 0:07:48 | 0:07:51 | |
But on the surface | 0:07:51 | 0:07:53 | |
there's the Getty Oil Company with nine consolidated companies, | 0:07:53 | 0:07:57 | |
profits last year conservatively estimated after taxes at £5,700,000. | 0:07:57 | 0:08:03 | |
Mr Getty owns 80% of this company and elects all the directors. | 0:08:03 | 0:08:08 | |
So, £4,600,000 to Mr Getty. | 0:08:08 | 0:08:12 | |
Tidewater Oil Company, | 0:08:12 | 0:08:14 | |
with 30 corporate subsidiaries across 82 countries. | 0:08:14 | 0:08:17 | |
Profits after taxes - £10,700,000. | 0:08:17 | 0:08:21 | |
'46%, or another £5,000,000, to Mr Getty. | 0:08:21 | 0:08:25 | |
Skelly Oil, with 20 subsidiaries, | 0:08:25 | 0:08:28 | |
profits after taxes - £9,000,000 | 0:08:28 | 0:08:31 | |
and 30%, or £2,700,000, to Mr Getty. | 0:08:31 | 0:08:36 | |
So, with incidental salaries, he's earning, | 0:08:36 | 0:08:40 | |
for a regulation working day, | 0:08:40 | 0:08:42 | |
about £4,000 an hour. | 0:08:42 | 0:08:45 | |
His income, or as his accountants prefer to say, | 0:08:45 | 0:08:48 | |
his increase in wealth, was around £12.5 million. | 0:08:48 | 0:08:53 | |
His income for a month would pay the salaries of the Prime Minister, | 0:08:53 | 0:08:57 | |
the Cabinet and all the 627 MPs at Westminster for a year. | 0:08:57 | 0:09:03 | |
But alongside his countless assets, | 0:09:04 | 0:09:07 | |
this income is relatively modest | 0:09:07 | 0:09:09 | |
for his money remains within the business. | 0:09:09 | 0:09:11 | |
"It's in the books," he says, "not in the bank." | 0:09:11 | 0:09:14 | |
And as he doesn't draw it out, he doesn't pay tax on it. | 0:09:14 | 0:09:17 | |
It's safe from the Inland Revenue, | 0:09:17 | 0:09:19 | |
from predatory international taxmen | 0:09:19 | 0:09:22 | |
who've made it all but impossible for anyone, ever again, | 0:09:22 | 0:09:25 | |
to accumulate the incredible wealth of a Getty, | 0:09:25 | 0:09:29 | |
of a billionaire who's still unsure | 0:09:29 | 0:09:31 | |
why he succeeded when others have failed. | 0:09:31 | 0:09:34 | |
I've sometimes though about that | 0:09:34 | 0:09:37 | |
and I really don't know of any quality I have | 0:09:37 | 0:09:39 | |
that many others don't have. | 0:09:39 | 0:09:41 | |
I'm not... I'm hard-working, I like to think, | 0:09:42 | 0:09:45 | |
but I know others just as hard-working. | 0:09:45 | 0:09:47 | |
I'm intelligent, I like to think. | 0:09:49 | 0:09:51 | |
I know others just as intelligent or more intelligent. | 0:09:51 | 0:09:55 | |
I'm imaginative, I like to think. | 0:09:58 | 0:10:01 | |
I have many friends and acquaintances that are just as imaginative, | 0:10:02 | 0:10:07 | |
or more imaginative. | 0:10:07 | 0:10:09 | |
I always wish that I had a better personality. | 0:10:10 | 0:10:13 | |
That, er... | 0:10:15 | 0:10:16 | |
..I could entertain people better, | 0:10:18 | 0:10:20 | |
was a better conversationalist, um... | 0:10:20 | 0:10:25 | |
..always worried I might be a little on the dull side as a companion, | 0:10:27 | 0:10:32 | |
and, um... | 0:10:32 | 0:10:34 | |
..always felt that, um, | 0:10:36 | 0:10:38 | |
although I've nearly always tried to do my best... | 0:10:38 | 0:10:42 | |
..when I've reviewed my efforts, I've nearly always seen | 0:10:44 | 0:10:47 | |
that I could have done better and should have done better. | 0:10:47 | 0:10:50 | |
So how is it, then, that you've come out so very much on top? | 0:10:50 | 0:10:54 | |
The difference between the successful businessman | 0:10:54 | 0:10:56 | |
and one possibly not so successful is that, um... | 0:10:56 | 0:11:01 | |
..maybe 37 different qualities | 0:11:02 | 0:11:06 | |
are required for great success... | 0:11:06 | 0:11:11 | |
..and, um, if a man has 35 of those qualities | 0:11:12 | 0:11:18 | |
he makes a more modest success. | 0:11:18 | 0:11:21 | |
But just what those two missing qualities might be, I don't know. | 0:11:23 | 0:11:31 | |
Did you set out to become the richest man in the world? | 0:11:31 | 0:11:35 | |
No, I never had any interest in acquiring... | 0:11:35 | 0:11:38 | |
- How did it happen, then? - Um... | 0:11:38 | 0:11:41 | |
Well, I suppose it happened | 0:11:41 | 0:11:44 | |
because my father had built up a very substantial business, | 0:11:44 | 0:11:48 | |
flourishing business, | 0:11:48 | 0:11:51 | |
I was the only child and, um... | 0:11:51 | 0:11:55 | |
..I had to carry on the business. | 0:11:59 | 0:12:01 | |
Yet, if your bank balance is any scorecard, | 0:12:01 | 0:12:04 | |
you're a thousand times more successful. | 0:12:04 | 0:12:07 | |
Well, I started at a pretty high altitude, you might say, | 0:12:08 | 0:12:15 | |
and he started at sea level, so that's... | 0:12:15 | 0:12:17 | |
You obviously must be a calculating man, | 0:12:19 | 0:12:22 | |
but to have such success in business, | 0:12:22 | 0:12:24 | |
do you not also need to be something of a gambler? | 0:12:24 | 0:12:27 | |
Well, I suppose it depends on how you define gambler. | 0:12:27 | 0:12:31 | |
Um, gambling is risk-taking. | 0:12:31 | 0:12:37 | |
It might be said that the owner of a casino gambles, he takes risk, | 0:12:37 | 0:12:45 | |
but he has the odds in his favour. | 0:12:45 | 0:12:47 | |
In other words, it's intelligent gambling. | 0:12:47 | 0:12:50 | |
To gamble against the casino, I would call unintelligent gambling | 0:12:50 | 0:12:55 | |
and I've never tried to devote my time to unintelligent risk-taking. | 0:12:55 | 0:13:03 | |
I think it's difficult enough to take risks intelligently and, um... | 0:13:03 | 0:13:08 | |
..when you know the odds are against you, | 0:13:09 | 0:13:13 | |
I don't see the point of it. | 0:13:13 | 0:13:15 | |
So if you wanted to gamble...? | 0:13:15 | 0:13:18 | |
I'd buy a casino. | 0:13:18 | 0:13:20 | |
You've written a series of articles, Mr Getty, about success in business | 0:13:20 | 0:13:24 | |
and they've appeared in what the Americans call a girly magazine | 0:13:24 | 0:13:28 | |
full of nudes and a sort of sophistication. | 0:13:28 | 0:13:31 | |
What made you choose this curious shop window? | 0:13:31 | 0:13:34 | |
Well, because everybody seems to read it and, um... | 0:13:34 | 0:13:39 | |
..it's especially read by young businessmen | 0:13:40 | 0:13:48 | |
and I wanted to get the message over to them | 0:13:48 | 0:13:52 | |
rather than to people in my own age bracket. | 0:13:52 | 0:13:57 | |
What was the message? | 0:13:59 | 0:14:01 | |
Well, about the importance of having an independent view on things, | 0:14:01 | 0:14:08 | |
not being influenced by what everybody else says. | 0:14:08 | 0:14:12 | |
If I'd been influenced by what everybody else said in the '30s, | 0:14:13 | 0:14:16 | |
I'd never have bought any shares in the '30s. | 0:14:16 | 0:14:19 | |
The shares I had, I would have sold. | 0:14:21 | 0:14:23 | |
Shares were 6 in 1935... | 0:14:25 | 0:14:32 | |
..and today they're about, oh... | 0:14:34 | 0:14:39 | |
um...300. | 0:14:39 | 0:14:43 | |
And today, Mr Getty, what are you doing today? | 0:14:43 | 0:14:46 | |
Well, I'm still buying. | 0:14:46 | 0:14:50 | |
Are there any other billionaires on the horizon coming towards the top | 0:14:50 | 0:14:55 | |
or do you think that the heroic age of the billionaire is almost over, | 0:14:55 | 0:14:59 | |
- that you're the last of the line? - Oh, I don't...I don't... | 0:14:59 | 0:15:02 | |
I don't suppose so, | 0:15:02 | 0:15:04 | |
I think that others in the future | 0:15:04 | 0:15:06 | |
will probably do much more than I've ever done. | 0:15:06 | 0:15:09 | |
WHICKER: Up to now, of course, | 0:15:09 | 0:15:11 | |
no-one's done more than Mr Getty's done | 0:15:11 | 0:15:13 | |
and only the ruler of Kuwait and the king of Saudi Arabia, | 0:15:13 | 0:15:16 | |
who've also come up in the world through the oil business, | 0:15:16 | 0:15:19 | |
have done as well. | 0:15:19 | 0:15:20 | |
When the three richest men met in the desert, | 0:15:20 | 0:15:22 | |
the sheiks learned with surprised that, in more ways than one, | 0:15:22 | 0:15:25 | |
Mr Getty from Minneapolis could speak their language. | 0:15:25 | 0:15:29 | |
He'd learned Arabic from gramophone records. | 0:15:29 | 0:15:32 | |
Mr Getty is a thorough man, though not, | 0:15:32 | 0:15:35 | |
as sometimes appears, infallible. | 0:15:35 | 0:15:37 | |
Here he was returning to the scene of | 0:15:37 | 0:15:39 | |
the biggest mistake of his business life. | 0:15:39 | 0:15:41 | |
In 1931, when the East Texas field came in, | 0:15:41 | 0:15:45 | |
and Texas oil went down to ten cents a barrel, | 0:15:45 | 0:15:47 | |
he pulled out of the Middle East. | 0:15:47 | 0:15:49 | |
Had he stayed on, today he'd have been even richer. | 0:15:49 | 0:15:53 | |
30 years later and rich enough, | 0:15:53 | 0:15:56 | |
he meets the two sheiks who were born upon | 0:15:56 | 0:15:59 | |
and never left this oil-rich desert. | 0:15:59 | 0:16:01 | |
Mr Getty, who bought his way back beside them, | 0:16:01 | 0:16:04 | |
was born in Minnesota just over 70 years ago. | 0:16:04 | 0:16:08 | |
'His ancestors on his father's side were Irish, from Londonderry. | 0:16:08 | 0:16:12 | |
His mother was half Scots, half Dutch. | 0:16:12 | 0:16:15 | |
Like the sheiks, he was never poor. Those well-publicised barefooted boys | 0:16:15 | 0:16:19 | |
who tread the road from selling newspapers | 0:16:19 | 0:16:22 | |
to owning millions are rapidly becoming an extinct species, | 0:16:22 | 0:16:25 | |
like the buffalo. | 0:16:25 | 0:16:26 | |
Young Paul was just another American boy. | 0:16:26 | 0:16:29 | |
CHILD: "February 17th 1904 - fine day. | 0:16:29 | 0:16:34 | |
"In the evening Papa gave me a whipping | 0:16:34 | 0:16:36 | |
"for saying he was a doggone fool | 0:16:36 | 0:16:38 | |
"and that the chambermaid had better go soak her head in Jip's mouth. | 0:16:38 | 0:16:42 | |
"March 15th - Harry came up and we rolled for marbles, | 0:16:42 | 0:16:46 | |
"and now I have 275! | 0:16:46 | 0:16:49 | |
"In the evening I read a book called In Times Of Peril by GA Henty." | 0:16:49 | 0:16:54 | |
WHICKER: His father had started from poverty | 0:16:54 | 0:16:57 | |
but in 1903 bought the lease | 0:16:57 | 0:16:58 | |
to 11,000 acres of Oklahoma Indian territory for £200 and struck oil. | 0:16:58 | 0:17:03 | |
When he died at the age of 74, | 0:17:03 | 0:17:06 | |
he was worth £5 million. | 0:17:06 | 0:17:09 | |
A Methodist and a more religious man than his only son, he left Paul | 0:17:09 | 0:17:13 | |
less than £200,000 mainly because he was displeased | 0:17:13 | 0:17:16 | |
that he'd already been married and divorced. | 0:17:16 | 0:17:19 | |
However, receiving only one thirtieth of his father's fortune | 0:17:19 | 0:17:23 | |
didn't matter much by then | 0:17:23 | 0:17:24 | |
for young Getty had made his first million dollars | 0:17:24 | 0:17:27 | |
13 years earlier, at the age of 24. | 0:17:27 | 0:17:30 | |
In those days, the man who was to become richer than anyone else | 0:17:30 | 0:17:34 | |
had other thoughts than business. | 0:17:34 | 0:17:37 | |
He turned, with concentration, to marriage. | 0:17:55 | 0:17:59 | |
But with wife number one, | 0:17:59 | 0:18:01 | |
wife number two, | 0:18:01 | 0:18:03 | |
wife number three, | 0:18:03 | 0:18:06 | |
wife number four, | 0:18:06 | 0:18:08 | |
wife number five, | 0:18:08 | 0:18:10 | |
it never quite seemed to work out, | 0:18:10 | 0:18:12 | |
though, whenever he was single, Paul Getty remained a very social man. | 0:18:12 | 0:18:17 | |
Today there are four sons in his business and seven grandchildren. | 0:18:26 | 0:18:30 | |
One day they'll inherit a private empire | 0:18:30 | 0:18:32 | |
such as the world has never known | 0:18:32 | 0:18:34 | |
and all the responsibilities of a man, who, now and then, | 0:18:34 | 0:18:37 | |
must wish he still had only the gentle money worries | 0:18:37 | 0:18:42 | |
of once upon a time. | 0:18:42 | 0:18:44 | |
CHILD: "Monday June 20th 1904. | 0:18:44 | 0:18:46 | |
"In the afternoon, I went down to Papa's office. | 0:18:46 | 0:18:49 | |
"I earned a dollar! | 0:18:49 | 0:18:51 | |
"I'm going to put my money in the bank as soon as I get 12. | 0:18:51 | 0:18:55 | |
"June 23rd. | 0:18:55 | 0:18:57 | |
"In the afternoon, I went to the Metropolitan Theatre. | 0:18:57 | 0:19:00 | |
"The play was The Billionaire. | 0:19:00 | 0:19:03 | |
"In the evening, I read and counted my marbles. | 0:19:03 | 0:19:06 | |
"I now have 600. | 0:19:06 | 0:19:08 | |
"November 26th. | 0:19:08 | 0:19:10 | |
"In the afternoon, Papa gave me 50 cents. | 0:19:10 | 0:19:13 | |
"I put a dollar and 10 cents in the bank. | 0:19:13 | 0:19:15 | |
"I now have five dollars and 58 cents. | 0:19:15 | 0:19:18 | |
"Wow!" | 0:19:18 | 0:19:20 | |
WHICKER: Getty's faithful to his heroes. | 0:19:20 | 0:19:22 | |
As a child, he fell upon the Victorian author | 0:19:22 | 0:19:25 | |
of adventure stories for boys, GA Henty, | 0:19:25 | 0:19:28 | |
and an unlikely and endearing aspect - | 0:19:28 | 0:19:31 | |
these books remain the rosebud of citizen Getty. | 0:19:31 | 0:19:35 | |
They're always upon his bedside table and near his desk. | 0:19:35 | 0:19:38 | |
Stout Victorian volumes with such stirring titles as Winning His Spurs, | 0:19:38 | 0:19:43 | |
Bravest Of Brave, | 0:19:43 | 0:19:46 | |
and often, the solitary billionaire retreats | 0:19:46 | 0:19:50 | |
into the simple, clean-cut world of Henty. | 0:19:50 | 0:19:53 | |
MAN: "The masses of Britons poured down to the attack, | 0:19:53 | 0:19:57 | |
"then their trumpets sounded and they again advanced, | 0:19:57 | 0:20:01 | |
"the cavalry in the rear moving forward to join those in the advance, | 0:20:01 | 0:20:05 | |
"but before they accomplished this, the Britons were upon them. | 0:20:05 | 0:20:09 | |
"Showers of darts were poured in, and the horsemen, | 0:20:09 | 0:20:11 | |
"unable to stand the onslaught, | 0:20:11 | 0:20:13 | |
"rode into the spaces between the companies of the infantry..." | 0:20:13 | 0:20:17 | |
WHICKER: Not all of Paul Getty's heroes | 0:20:17 | 0:20:19 | |
come from boys' adventure stories. | 0:20:19 | 0:20:21 | |
The richest man in the world admires Julius Caesar and Mussolini, | 0:20:21 | 0:20:25 | |
Winston Churchill and President Kennedy, | 0:20:25 | 0:20:27 | |
but who is there that he could envy? | 0:20:27 | 0:20:30 | |
I've envied many people. | 0:20:30 | 0:20:32 | |
I envy, um, | 0:20:32 | 0:20:34 | |
people that are, um... | 0:20:34 | 0:20:36 | |
..younger and stronger and, um... | 0:20:38 | 0:20:41 | |
- ..more cheerful than I am. - More cheerful? | 0:20:43 | 0:20:46 | |
People that have better character than I have. | 0:20:46 | 0:20:50 | |
What about the ordinary man in the street? | 0:20:52 | 0:20:54 | |
Do you envy the man whose money problems | 0:20:54 | 0:20:58 | |
are not too much money but not enough money? | 0:20:58 | 0:21:01 | |
I think a lot can be said for him. | 0:21:02 | 0:21:04 | |
I think that he has many advantages. | 0:21:04 | 0:21:07 | |
Large financial responsibilities are not any key to cheerfulness. | 0:21:10 | 0:21:17 | |
There's great virtue in being a small businessman. | 0:21:17 | 0:21:20 | |
There is? | 0:21:20 | 0:21:22 | |
There can be great happiness in it, too. Yes... | 0:21:22 | 0:21:26 | |
I mean, successful small businessmen. | 0:21:27 | 0:21:30 | |
But small by your standards, Mr Getty? | 0:21:30 | 0:21:32 | |
Well, no, I'd say what's generally known as small. | 0:21:32 | 0:21:35 | |
I mean a man who has a small business, but is comfortable there. | 0:21:35 | 0:21:38 | |
He's got, um, business worth £100,000, or something like that. | 0:21:38 | 0:21:44 | |
He has the best clothes that he can wear, he eats the best food, | 0:21:47 | 0:21:51 | |
he travels when he wants to travel, lives in a comfortable home, | 0:21:51 | 0:21:56 | |
he has a comfortable car, he goes to the theatre | 0:21:56 | 0:21:58 | |
whenever he wants to go to the theatre. | 0:21:58 | 0:22:01 | |
And, um, he's not a, um... | 0:22:02 | 0:22:05 | |
He has the blessed boon of anonymity. | 0:22:07 | 0:22:13 | |
I suppose some people might see you as lucky, Mr Getty, | 0:22:13 | 0:22:17 | |
some as a cold, calculating machine. | 0:22:17 | 0:22:19 | |
Others, perhaps, as a daring and unique business genius | 0:22:19 | 0:22:23 | |
with a Midas touch. How do you see yourself? | 0:22:23 | 0:22:26 | |
Well, I see myself... | 0:22:26 | 0:22:27 | |
..as a...you might say as a tennis player. | 0:22:31 | 0:22:36 | |
Just trying to volley the ball back. | 0:22:39 | 0:22:42 | |
But who's serving, Mr Getty? | 0:22:42 | 0:22:44 | |
Well, um, if I didn't... | 0:22:44 | 0:22:47 | |
My business mail... | 0:22:47 | 0:22:48 | |
I get probably 50 letters a day, um... | 0:22:48 | 0:22:53 | |
I'm supposed to make the final decision or express an opinion. | 0:22:56 | 0:23:00 | |
I try to... | 0:23:00 | 0:23:02 | |
I try to keep current with my business mail. | 0:23:02 | 0:23:05 | |
I also get...maybe a thousand letters a week. | 0:23:07 | 0:23:13 | |
Some weeks... three or four thousand letters | 0:23:15 | 0:23:20 | |
from...strangers, you might say, from the general public. | 0:23:20 | 0:23:25 | |
Some cranks. | 0:23:25 | 0:23:27 | |
Crackpots. | 0:23:27 | 0:23:29 | |
Some very worthy people, too. | 0:23:29 | 0:23:31 | |
But, um, obviously, if I read 24 hours a day, | 0:23:32 | 0:23:38 | |
I wouldn't be able to go through more than a small fraction of them. | 0:23:38 | 0:23:43 | |
But my business mail does require an answer | 0:23:43 | 0:23:47 | |
and, as I say, I just try to... | 0:23:47 | 0:23:49 | |
..return the ball, so to speak. | 0:23:51 | 0:23:54 | |
I remember seeing... | 0:23:54 | 0:23:57 | |
..the desk of President Truman. | 0:24:00 | 0:24:05 | |
And he had a little sign on the desk that said, "The buck stops here." | 0:24:07 | 0:24:15 | |
He couldn't pass the buck! | 0:24:15 | 0:24:18 | |
And, um... | 0:24:18 | 0:24:19 | |
..when you're president of a company, | 0:24:20 | 0:24:23 | |
you can't very well pass the buck. | 0:24:23 | 0:24:25 | |
But you have more money than you or your sons | 0:24:27 | 0:24:30 | |
or your grandsons could ever conceivably need. | 0:24:30 | 0:24:34 | |
Is there any necessity to keep on sending the ball back? | 0:24:34 | 0:24:37 | |
No, but I've never felt particularly inclined to sell out. | 0:24:39 | 0:24:44 | |
But if you sold out for £3,000 million or £3,500 million, | 0:24:44 | 0:24:49 | |
it doesn't seem to make much difference, really, | 0:24:49 | 0:24:52 | |
when you're in this kind of astronomic figure. | 0:24:52 | 0:24:54 | |
Well... | 0:24:56 | 0:24:57 | |
..as we said before, business is business. | 0:24:58 | 0:25:00 | |
I mean, it's either good business or it's bad business. | 0:25:00 | 0:25:03 | |
Just because it's a high figure | 0:25:03 | 0:25:05 | |
doesn't necessarily make it a good sale, does it? | 0:25:05 | 0:25:09 | |
But if you're going to wait until the time of an advantageous sale, | 0:25:09 | 0:25:12 | |
you may to wait 50 years or so. | 0:25:12 | 0:25:15 | |
But if you sell, what are you going to put it in? | 0:25:16 | 0:25:19 | |
Well, you'd lie back and beachcomb, Mr Getty. | 0:25:22 | 0:25:25 | |
Yes, but, um, you, um... | 0:25:25 | 0:25:28 | |
you'd probably have worries then, you know, | 0:25:28 | 0:25:31 | |
about your capital | 0:25:31 | 0:25:34 | |
and you wouldn't have the control over it. | 0:25:34 | 0:25:38 | |
And, um... | 0:25:38 | 0:25:39 | |
I don't know. | 0:25:42 | 0:25:44 | |
I think that you might jump from the frying pan into the fire. | 0:25:44 | 0:25:49 | |
I get the feeling, Mr Getty, that you get far more pleasure out of | 0:25:49 | 0:25:52 | |
actively controlling this empire of yours | 0:25:52 | 0:25:54 | |
than you ever would lying back on the beach. | 0:25:54 | 0:25:57 | |
Well, I suppose so, | 0:25:57 | 0:25:58 | |
although I have always thought that I was quite talented as an idler. | 0:25:58 | 0:26:02 | |
If I had the opportunity to idle, I could do it pretty well. | 0:26:02 | 0:26:08 | |
In theory, of course, a man's reward | 0:26:08 | 0:26:10 | |
is in ratio to his contribution to society | 0:26:10 | 0:26:13 | |
to the value of the work he does. | 0:26:13 | 0:26:15 | |
Yes, it's the services that he renders to society... | 0:26:15 | 0:26:21 | |
..and not what some people might say the true value of the services | 0:26:22 | 0:26:28 | |
but what the public says is the value of the services. | 0:26:28 | 0:26:31 | |
You see, if your income, as has been calculated, | 0:26:31 | 0:26:34 | |
is some £35 million a year, | 0:26:34 | 0:26:37 | |
that's £700,000 a week, or about £100,000 a day. | 0:26:37 | 0:26:41 | |
What are you doing, Mr Getty, to deserve all that? | 0:26:41 | 0:26:44 | |
Well, I suppose that... | 0:26:44 | 0:26:47 | |
..the services that I've rendered have been mostly in finding oil. | 0:26:49 | 0:26:54 | |
Finding oil is not a very easy thing to do. | 0:26:58 | 0:27:02 | |
Some people find oil, other people don't. | 0:27:03 | 0:27:05 | |
If you do have this absurd income, how can you spend it? | 0:27:05 | 0:27:09 | |
How can you use it? How can you get through it? | 0:27:09 | 0:27:12 | |
Well, in one sense of the word, I don't have it, | 0:27:12 | 0:27:17 | |
it's my companies that have it. | 0:27:17 | 0:27:19 | |
It's my interest in my companies that has it. | 0:27:19 | 0:27:22 | |
It isn't that somebody brings a keg of money | 0:27:22 | 0:27:28 | |
every morning at 9 o'clock... | 0:27:28 | 0:27:31 | |
HE CHUCKLES | 0:27:31 | 0:27:33 | |
..to the bank! | 0:27:33 | 0:27:34 | |
Deposits it in a vault there. | 0:27:34 | 0:27:36 | |
But you own 81% of your company... | 0:27:36 | 0:27:38 | |
- Yes. - ..so it's as good as having a keg. | 0:27:38 | 0:27:40 | |
Well, in effect, and if, as and when I ever sold out, | 0:27:40 | 0:27:45 | |
if it were possible to sell out... | 0:27:45 | 0:27:48 | |
..if the companies are ever liquidated, | 0:27:51 | 0:27:54 | |
then I might have some money, | 0:27:54 | 0:27:56 | |
but until that far-off day... | 0:27:56 | 0:27:59 | |
- You're struggling on. - ..I'm struggling on. | 0:27:59 | 0:28:02 | |
Well, I don't complain of hardship. I don't, um... | 0:28:02 | 0:28:06 | |
say that I'm worried, um... | 0:28:06 | 0:28:10 | |
about whether I have a taxi fare or not... | 0:28:10 | 0:28:14 | |
or whether I can afford to, um... | 0:28:14 | 0:28:18 | |
make a trip to...Paris and back. | 0:28:18 | 0:28:23 | |
Nevertheless... | 0:28:25 | 0:28:27 | |
And I have my personal business, too, which is relatively very small | 0:28:27 | 0:28:32 | |
compared to my company interest, | 0:28:32 | 0:28:35 | |
but, um...I have many times borrowed money from banks... | 0:28:35 | 0:28:40 | |
..in my personal business, in order to drill necessary oil wells, | 0:28:41 | 0:28:46 | |
and, um, I never had the feeling that I was, um, flush in cash. | 0:28:46 | 0:28:52 | |
WHICKER: Mr Getty's certainly flush in art. | 0:28:52 | 0:28:55 | |
His collection at Sutton Place | 0:28:55 | 0:28:57 | |
has just been valued at a million-and-a-half...pounds. | 0:28:57 | 0:29:00 | |
But though these paintings decorate his galleries, | 0:29:00 | 0:29:02 | |
enrich his sitting rooms, | 0:29:02 | 0:29:04 | |
embellish his bedroom, they don't belong to him. | 0:29:04 | 0:29:07 | |
They're owned by a company called Art Properties Inc, | 0:29:07 | 0:29:11 | |
a United States corporation, | 0:29:11 | 0:29:13 | |
the stock of which, it turns out, is owned 100% by Mr Getty. | 0:29:13 | 0:29:17 | |
The larger part of his art collection's at another home | 0:29:17 | 0:29:20 | |
at Santa Monica, California. | 0:29:20 | 0:29:21 | |
That collection's a foundation and open to the public. | 0:29:21 | 0:29:24 | |
Here at Sutton Place for his private enjoyment, | 0:29:24 | 0:29:28 | |
such riches as Veronese's Lady In Red, | 0:29:28 | 0:29:31 | |
Gainsborough's Countess Of Chesterfield, | 0:29:31 | 0:29:33 | |
Gentileschi's Rest On The Flight. | 0:29:33 | 0:29:36 | |
Treasures enough, you'd think, to entrance and enthuse | 0:29:36 | 0:29:40 | |
their proud and happy majority stockholder. | 0:29:40 | 0:29:44 | |
On top of such artistic delight, | 0:29:44 | 0:29:45 | |
there's another satisfaction involved. | 0:29:45 | 0:29:48 | |
Diana And Her Nymphs, this magnificent Rubens, which cost him | 0:29:48 | 0:29:52 | |
£130,000 two years ago, has, like most of his careful investments, | 0:29:52 | 0:29:57 | |
satisfactorily appreciated. | 0:29:57 | 0:29:59 | |
It's just been valued at three times what he paid. | 0:29:59 | 0:30:02 | |
St Bartholomew, the Rembrandt he bought last year, | 0:30:02 | 0:30:05 | |
almost accidentally, for £190,000, is today worth double. | 0:30:05 | 0:30:11 | |
He has the habit of making the right decisions. | 0:30:11 | 0:30:13 | |
He always wins. | 0:30:13 | 0:30:16 | |
The charm of the very rich, it's been said, is not their wealth, | 0:30:17 | 0:30:21 | |
but the slightly hangdog look they wear. | 0:30:21 | 0:30:23 | |
And there's no doubt that Paul Getty takes his life | 0:30:23 | 0:30:27 | |
and his pleasures with morose preoccupation and melancholy. | 0:30:27 | 0:30:31 | |
His passionate interest in his own business appears joyless. | 0:30:31 | 0:30:35 | |
But, for him, it has the enduring fascination that others find in love | 0:30:35 | 0:30:39 | |
or fellowship or in any of those activities | 0:30:39 | 0:30:41 | |
to which men have ever thought it worthwhile | 0:30:41 | 0:30:44 | |
to devote their lives and themselves. | 0:30:44 | 0:30:47 | |
But achievements outside this all-devouring business? | 0:30:47 | 0:30:51 | |
Would he find more satisfaction, say, | 0:30:51 | 0:30:53 | |
in having painted his Rubens than in being a billionaire? | 0:30:53 | 0:30:57 | |
I don't know that I would, | 0:30:57 | 0:30:59 | |
um...prefer to be a successful painter | 0:30:59 | 0:31:03 | |
rather than a successful businessman. | 0:31:03 | 0:31:06 | |
I think that, um...business is in its way just as important as painting. | 0:31:06 | 0:31:14 | |
I'd certainly rather be...a good painter than a bad businessman. | 0:31:15 | 0:31:21 | |
But if I had my choice of being a good painter or a good businessman, | 0:31:21 | 0:31:25 | |
I think I'd be just as well satisfied to be a good businessman. | 0:31:25 | 0:31:29 | |
You said that a man with a lot of money | 0:31:29 | 0:31:31 | |
tends to become rather sceptical of people. | 0:31:31 | 0:31:33 | |
Have you found yourself becoming | 0:31:33 | 0:31:35 | |
more and more suspicious of those around you? | 0:31:35 | 0:31:38 | |
Well, I try not to, um... | 0:31:38 | 0:31:41 | |
...be suspicious because I think that's a, um... | 0:31:43 | 0:31:47 | |
a bad road to travel. One can become so suspicious | 0:31:47 | 0:31:51 | |
that one's suspicious of everyone. | 0:31:51 | 0:31:53 | |
Your art dealers tell me | 0:31:53 | 0:31:55 | |
that you're the most suspicious man they've ever had to deal with. | 0:31:55 | 0:31:58 | |
I think you could go into a man's house and, um...criticise the man, | 0:31:58 | 0:32:05 | |
criticise his wife, criticise his children... | 0:32:05 | 0:32:08 | |
..and, um, he might still love you like a brother, but, er... | 0:32:09 | 0:32:14 | |
if he shows you a picture on the wall | 0:32:14 | 0:32:17 | |
and tells you that's a beautiful so-and-so, | 0:32:17 | 0:32:22 | |
and you say, "Well, I don't think it is. I think it's a fake," | 0:32:22 | 0:32:26 | |
then you've lost his friendship for ever. | 0:32:26 | 0:32:29 | |
Of course, it's been suggested that your Rubens isn't a Rubens, | 0:32:29 | 0:32:32 | |
so you've lost one or two friends that way. | 0:32:32 | 0:32:34 | |
Well... | 0:32:34 | 0:32:36 | |
..um...I'm satisfied with it. | 0:32:38 | 0:32:41 | |
It's, um...been authenticated by some very good people. | 0:32:41 | 0:32:47 | |
Many people believe that all millionaires | 0:32:47 | 0:32:50 | |
live lives of unlimited pleasure and luxury. | 0:32:50 | 0:32:53 | |
So this is a belief that could well stimulate feelings of envy | 0:32:53 | 0:32:56 | |
and resentment, even of hatred. | 0:32:56 | 0:32:58 | |
How have these reactions affected you? | 0:32:58 | 0:33:01 | |
Oh, I think many people do have a wrong idea. | 0:33:01 | 0:33:05 | |
However, I think that, um... most millionaires that I've known | 0:33:05 | 0:33:10 | |
are very hard-working men, very hard-working indeed. | 0:33:10 | 0:33:15 | |
I think that, um...probably, um... | 0:33:15 | 0:33:18 | |
..of all the classes I know, | 0:33:21 | 0:33:23 | |
the millionaire businessman is the hardest working. | 0:33:23 | 0:33:27 | |
I would think they work longer hours than any class of workmen work. | 0:33:31 | 0:33:37 | |
Many of these millionaires seem to have obtained | 0:33:39 | 0:33:41 | |
relief from the uneasiness, the initial suspicion and distrust | 0:33:41 | 0:33:45 | |
that tends to characterise the rich man's relations with his fellow men | 0:33:45 | 0:33:49 | |
by philanthropy, | 0:33:49 | 0:33:51 | |
by the wholesale distribution of much of their fortunes. | 0:33:51 | 0:33:54 | |
But your benefactions, Mr Getty, | 0:33:54 | 0:33:56 | |
don't appear to be commensurate with the scale of your fortune. | 0:33:56 | 0:33:59 | |
Well, I think that, um... | 0:33:59 | 0:34:01 | |
..a man is doing a worthy work if he builds up his business, | 0:34:03 | 0:34:08 | |
he gives employment to, um, large groups of people. | 0:34:08 | 0:34:14 | |
And, um, renders service to the public... | 0:34:16 | 0:34:18 | |
..and the benefits there, I mean making a living for... | 0:34:20 | 0:34:26 | |
..thousands of people, protecting them against old age and sickness. | 0:34:28 | 0:34:33 | |
And doing it yourself rather than delegating somebody else to do it. | 0:34:34 | 0:34:38 | |
I mean, when you give money to a charity... | 0:34:38 | 0:34:41 | |
the charity may be doing the same thing that you're doing. | 0:34:41 | 0:34:47 | |
It may not be doing it any better or as well. | 0:34:49 | 0:34:52 | |
I see you've said, "I never give money to individuals. | 0:34:54 | 0:34:57 | |
"It is very unrewarding and unscientific." | 0:34:57 | 0:35:00 | |
Do you have any philanthropic policy at all? | 0:35:00 | 0:35:03 | |
Yes, that is one of the... | 0:35:03 | 0:35:05 | |
Well, I discussed, um... | 0:35:05 | 0:35:08 | |
..the problem of individual giving with many people. | 0:35:09 | 0:35:15 | |
I once discussed it with, um... | 0:35:15 | 0:35:18 | |
..Mr Rockefeller and, um... | 0:35:19 | 0:35:23 | |
Um...I understand that his policy is that he cannot help individuals. | 0:35:23 | 0:35:29 | |
In your daily round, Mr Getty, how much money do you carry on you? | 0:35:29 | 0:35:33 | |
Oh...very little, a few pounds. | 0:35:33 | 0:35:37 | |
Probably no more than you do or anyone else does. | 0:35:37 | 0:35:41 | |
Do you find that shops and hotels and restaurants | 0:35:41 | 0:35:44 | |
expect you to be a big spender? | 0:35:44 | 0:35:46 | |
No, I don't think so. | 0:35:47 | 0:35:49 | |
I don't think they do. | 0:35:49 | 0:35:51 | |
I hope they don't because they might be disappointed. | 0:35:53 | 0:35:57 | |
LAUGHS | 0:35:57 | 0:35:59 | |
There are a great many stories, Mr Getty, of your care with money. | 0:35:59 | 0:36:04 | |
For example, you've installed a pay telephone box here in Sutton Place | 0:36:04 | 0:36:08 | |
to prevent your guests abusing your hospitality | 0:36:08 | 0:36:11 | |
by making trunk and toll calls. | 0:36:11 | 0:36:13 | |
Well, I think right-thinking guests would, um... | 0:36:14 | 0:36:18 | |
consider that was a, um... | 0:36:18 | 0:36:21 | |
a...a benefit. It's, um... | 0:36:21 | 0:36:24 | |
..rather, um... | 0:36:26 | 0:36:27 | |
..daunting if you're visiting somewhere | 0:36:29 | 0:36:31 | |
and you have to put in a long-distance call and, um... | 0:36:31 | 0:36:34 | |
..charge your host with it. | 0:36:36 | 0:36:38 | |
It's said, Mr Getty, that you've waited outside a dog show | 0:36:38 | 0:36:41 | |
for the entry fee to come down by two or three shillings | 0:36:41 | 0:36:44 | |
and that you eat late in restaurants | 0:36:44 | 0:36:45 | |
to avoid paying the supplement for the orchestra. | 0:36:45 | 0:36:48 | |
Well, um, I might have done that occasionally | 0:36:49 | 0:36:54 | |
because, after all, that's what a great many people do. | 0:36:54 | 0:36:59 | |
What most people do, don't they? | 0:36:59 | 0:37:01 | |
And, um, I mean if it's within reason... | 0:37:02 | 0:37:05 | |
If you, er... | 0:37:05 | 0:37:06 | |
You'd probably do it yourself if you know that, um... | 0:37:06 | 0:37:10 | |
..a certain restaurant that, er, the cover charge is off at 10 o'clock | 0:37:11 | 0:37:17 | |
and, um... | 0:37:17 | 0:37:21 | |
it's a substantial cover charge and you're a large party | 0:37:21 | 0:37:24 | |
and it's five minutes to ten, would you want to go in and, er... | 0:37:24 | 0:37:29 | |
er, spend maybe, um, 10 or 15 in cover charges for the party... | 0:37:30 | 0:37:38 | |
..for the sake of four minutes? | 0:37:39 | 0:37:41 | |
That'd either be splashing money around, showing off... | 0:37:41 | 0:37:46 | |
..or else...just not being with it, as the saying is. | 0:37:48 | 0:37:54 | |
It's said, Mr Getty, that you're so with it | 0:37:55 | 0:37:57 | |
that you'll wait for a lift to avoid paying for a taxi. | 0:37:57 | 0:38:01 | |
No. | 0:38:02 | 0:38:03 | |
No, I, um... | 0:38:03 | 0:38:05 | |
I don't wait for a lift. | 0:38:06 | 0:38:08 | |
Er...if I had to wait two or three minutes I certainly would. | 0:38:08 | 0:38:12 | |
You have more money, as I said, | 0:38:12 | 0:38:14 | |
than you or your sons, or your grandsons, | 0:38:14 | 0:38:16 | |
or your great-grandsons could ever conceivably need. | 0:38:16 | 0:38:19 | |
Surely half an hour of your time | 0:38:19 | 0:38:20 | |
is worth more than, say, a five shilling taxi fare? | 0:38:20 | 0:38:23 | |
Surely you've no reason to accept | 0:38:23 | 0:38:25 | |
the slightest inconvenience at any time? | 0:38:25 | 0:38:27 | |
Even if it is another 10 or 15 on a restaurant bill. | 0:38:27 | 0:38:31 | |
- What is 10 or 15 to you? - Well, that's true, | 0:38:31 | 0:38:33 | |
It's less than a farthing to anyone else. | 0:38:33 | 0:38:34 | |
But don't you think that that's something to do with human nature? | 0:38:34 | 0:38:39 | |
Now, my idea of | 0:38:39 | 0:38:41 | |
a good place to spend money is right in my own business. | 0:38:41 | 0:38:48 | |
But you're not enjoying that, you're not getting pleasure out of it. | 0:38:48 | 0:38:50 | |
Yes, I do. I like to see a new refinery | 0:38:50 | 0:38:53 | |
I like to see a new chemical plant. | 0:38:53 | 0:38:56 | |
I like to see a new tanker. | 0:38:57 | 0:38:59 | |
I like to see a new office building. | 0:39:01 | 0:39:02 | |
Because it's, um, it's constructive. | 0:39:06 | 0:39:09 | |
In the first place, we hope it's a good investment. | 0:39:09 | 0:39:12 | |
It's going to give employment to a lot of people. | 0:39:15 | 0:39:17 | |
A tanker's going to employ people, probably for the next 25 years. | 0:39:19 | 0:39:24 | |
It's going to transport oil, oil products. | 0:39:24 | 0:39:28 | |
It's going to benefit humanity by that. | 0:39:28 | 0:39:31 | |
We hope it earns a small profit, | 0:39:31 | 0:39:35 | |
which ultimately will return the money invested | 0:39:35 | 0:39:38 | |
and a low rate of interest. | 0:39:38 | 0:39:40 | |
So it often seems that lesser multi-millionaires, less rich people, | 0:39:40 | 0:39:44 | |
are able to lead much grander, fuller lives than you. | 0:39:44 | 0:39:47 | |
Well, it's, er... | 0:39:47 | 0:39:49 | |
I went to St Moritz some years ago | 0:39:49 | 0:39:53 | |
and, um, about the second day there | 0:39:53 | 0:39:56 | |
it was suggested that I give a large party. | 0:39:56 | 0:40:00 | |
I said, "Why?" | 0:40:00 | 0:40:02 | |
"Well," he said, "you're a prominent man, | 0:40:02 | 0:40:04 | |
"and prominent men, it's more or less customary | 0:40:04 | 0:40:07 | |
"to give a big party in St Moritz." | 0:40:07 | 0:40:10 | |
And I was told that a certain... famous millionaire, | 0:40:10 | 0:40:16 | |
who happened to be there, | 0:40:16 | 0:40:18 | |
that he'd just recently given a party for 80 people. | 0:40:18 | 0:40:21 | |
So, before I committed myself, I went to see him. | 0:40:22 | 0:40:25 | |
And I said, "Did you give this party?" | 0:40:27 | 0:40:29 | |
And he said, "Yes." I said, "How many people did you have there?" | 0:40:29 | 0:40:32 | |
He said, "80." | 0:40:32 | 0:40:33 | |
I said, um, "How many of them were friends of yours?" | 0:40:33 | 0:40:36 | |
And you know, he said, "About five." | 0:40:36 | 0:40:39 | |
So I said, "You had 75 people there you'd never seen before." | 0:40:43 | 0:40:47 | |
And he said, "Yes, that's right." | 0:40:47 | 0:40:49 | |
LAUGHS | 0:40:49 | 0:40:51 | |
So I didn't, um... I didn't see the point | 0:40:51 | 0:40:55 | |
in giving a party for a lot of people that I didn't know. | 0:40:55 | 0:40:59 | |
WHICKER: 'However, he has been known to entertain strangers. | 0:41:01 | 0:41:04 | |
'Once a year, these orphans visit "Uncle Paul" at Sutton Place, | 0:41:04 | 0:41:07 | |
'when he has more fun than he did at his house-warming. | 0:41:07 | 0:41:11 | |
'though then, the expense of entertaining 1,500 guests | 0:41:11 | 0:41:14 | |
'was shared by the father of a debutante. | 0:41:14 | 0:41:17 | |
'For such occasional sidelines, | 0:41:17 | 0:41:18 | |
'and for the mainstream of his life, for the good of a business empire | 0:41:18 | 0:41:23 | |
'which weighs heavily upon him, Paul Getty exercises | 0:41:23 | 0:41:26 | |
'his phenomenal concentration every day, | 0:41:26 | 0:41:28 | |
'under the eyes of Renoir's demure young women. | 0:41:28 | 0:41:30 | |
'For keeping fit is another serious business. | 0:41:30 | 0:41:34 | |
'And not many 70-year-olds have such a way with barbells. | 0:41:34 | 0:41:38 | |
'His two ageing Cadillacs are little used. | 0:41:41 | 0:41:43 | |
'He measures his walks with a pedometer | 0:41:43 | 0:41:45 | |
'and the temperature of his daily dips - | 0:41:45 | 0:41:47 | |
'Mr Getty is a great tapper of barometers. | 0:41:47 | 0:41:50 | |
'There are two pools at Sutton Place, but not even in the country, | 0:41:50 | 0:41:53 | |
'where life should be straightforward not even this old Tudor mansion, | 0:41:53 | 0:41:57 | |
'can escape the corporate tangle in which Mr Getty envelops himself. | 0:41:57 | 0:42:02 | |
'For he doesn't even own his own home. | 0:42:02 | 0:42:04 | |
'Instead, it's owned by the Sutton Place Property Company Ltd, | 0:42:04 | 0:42:09 | |
'a British company which itself is owned by an American company, | 0:42:09 | 0:42:13 | |
'the Pacific Western Oil Corporation, which in turn | 0:42:13 | 0:42:17 | |
'is owned by the Getty Oil Company, | 0:42:17 | 0:42:19 | |
'80% of which is owned, yes indeed, by Mr Getty. | 0:42:19 | 0:42:24 | |
'A billionaire who could live luxuriously anywhere in the world, | 0:42:24 | 0:42:28 | |
'he has disappointingly unsentimental reasons | 0:42:28 | 0:42:30 | |
'for deciding to live here, among us.' | 0:42:30 | 0:42:33 | |
GETTY: 'Britain is very convenient for me | 0:42:33 | 0:42:36 | |
'in connection with my business in the Middle East. | 0:42:36 | 0:42:40 | |
'It isn't actually in the Middle East and yet it's close to it. | 0:42:40 | 0:42:44 | |
'It's much more convenient than California is. | 0:42:44 | 0:42:47 | |
'Though I must confess that, um, I didn't come here for the climate.' | 0:42:47 | 0:42:53 | |
WHICKER: 'So this practical American, who was at Oxford half a century ago, | 0:42:53 | 0:42:57 | |
'slips comfortably into the secure tranquillity of English country life, | 0:42:57 | 0:43:01 | |
'as squire of Sutton Place, one of the finest examples | 0:43:01 | 0:43:05 | |
'of an unfortified Elizabethan manor house. | 0:43:05 | 0:43:08 | |
'Or that's what it was. | 0:43:08 | 0:43:10 | |
'Mr Getty has had a few changes made.' | 0:43:10 | 0:43:13 | |
CLATTERING | 0:43:15 | 0:43:17 | |
LOCKS CLICK, SHUTTERS RATTLE | 0:43:19 | 0:43:21 | |
DOGS BARK | 0:43:21 | 0:43:24 | |
BELLS RING | 0:43:40 | 0:43:43 | |
WHICKER: If you feel more secure here then, Mr Getty, why all these, er... | 0:43:51 | 0:43:56 | |
Why all these security precautions here at Sutton Place? | 0:43:56 | 0:43:59 | |
The police dogs and the bars and the bodyguards? | 0:43:59 | 0:44:02 | |
What is it that you're frightened of? | 0:44:02 | 0:44:04 | |
Oh, I wouldn't say that I'm frightened of anything in particular. | 0:44:04 | 0:44:09 | |
Just, um... | 0:44:09 | 0:44:11 | |
..I suppose a necessary precaution. | 0:44:12 | 0:44:15 | |
Against what? | 0:44:15 | 0:44:16 | |
Well, there's no money in the house, a few works of art, | 0:44:16 | 0:44:20 | |
but I don't think they'd be very saleable. | 0:44:20 | 0:44:23 | |
Why then is it a necessary precaution? | 0:44:24 | 0:44:27 | |
Well, there might be crackpots. There are crackpots in England. | 0:44:27 | 0:44:30 | |
And what sort of thing could they do? | 0:44:30 | 0:44:33 | |
Well, they could, er... What do you suppose a crackpot would do? | 0:44:33 | 0:44:36 | |
He might come in, dynamite the place. | 0:44:36 | 0:44:38 | |
Have you had any evidence of anything? | 0:44:40 | 0:44:41 | |
No. No. | 0:44:41 | 0:44:43 | |
I mean, you don't need... | 0:44:45 | 0:44:46 | |
you don't need police dogs to keep away begging letters. | 0:44:46 | 0:44:49 | |
No. | 0:44:49 | 0:44:50 | |
No, not crackpot letters. | 0:44:50 | 0:44:52 | |
But I have the police dogs mainly because I like them. | 0:44:52 | 0:44:57 | |
Apart from these fears, um, of crackpots, | 0:44:57 | 0:45:01 | |
do you have any other private fears? | 0:45:01 | 0:45:04 | |
I'm thinking of...fire, or... | 0:45:04 | 0:45:08 | |
ghosts or... | 0:45:08 | 0:45:10 | |
Oh, no, I'm not afraid of ghosts. | 0:45:10 | 0:45:12 | |
I think we all fear disease, old age, | 0:45:12 | 0:45:17 | |
being helpless. | 0:45:17 | 0:45:18 | |
Millionaires do seem to be heavily handicapped | 0:45:18 | 0:45:21 | |
in their search for domestic happiness. | 0:45:21 | 0:45:24 | |
Do you have much aptitude or instinct for family life? | 0:45:24 | 0:45:27 | |
I like to think I'm average. | 0:45:27 | 0:45:29 | |
You're not average, in as much as | 0:45:33 | 0:45:35 | |
you've been married five times, Mr Getty. | 0:45:35 | 0:45:38 | |
Well, maybe business had something to do with that | 0:45:39 | 0:45:43 | |
because, um... | 0:45:43 | 0:45:45 | |
..I think it's hard for a woman | 0:45:46 | 0:45:49 | |
to feel that she's competing with a business. | 0:45:49 | 0:45:53 | |
I was rather a conscientious businessman... | 0:45:53 | 0:45:56 | |
..and, er... | 0:45:58 | 0:45:59 | |
..the old saying "business before pleasure", | 0:46:00 | 0:46:03 | |
maybe there was too much of it in my marriages. | 0:46:03 | 0:46:06 | |
Certainly your spectacular success as a businessman has only be equalled | 0:46:08 | 0:46:11 | |
by what seems to be your abysmal failure as a husband. | 0:46:11 | 0:46:14 | |
That's right, I'm... | 0:46:14 | 0:46:15 | |
..world's worst marriage. | 0:46:16 | 0:46:19 | |
I see you've written, | 0:46:19 | 0:46:21 | |
"I hate being a failure. | 0:46:21 | 0:46:23 | |
"I hate and regret the failures of my marriages. | 0:46:23 | 0:46:26 | |
"I would gladly trade my millions | 0:46:26 | 0:46:30 | |
"for just one lasting marital success." | 0:46:30 | 0:46:33 | |
Is this still true today? | 0:46:33 | 0:46:36 | |
Well, I think so, but I don't want to get | 0:46:36 | 0:46:40 | |
hundreds of letters from women who want to marry me... | 0:46:40 | 0:46:43 | |
..sight unseen! | 0:46:44 | 0:46:46 | |
In a society magazine the other day, you wrote | 0:46:47 | 0:46:50 | |
that one of the things that made you happy was being with women, | 0:46:50 | 0:46:54 | |
while one of the things that made you unhappy was women leaving you. | 0:46:54 | 0:46:58 | |
- Yes. - It seems... | 0:46:58 | 0:47:00 | |
Yes, I like the company of women. | 0:47:00 | 0:47:02 | |
But, um... | 0:47:02 | 0:47:04 | |
I think when a woman wants to leave a man, she generally leaves him. | 0:47:04 | 0:47:07 | |
It does seem that you've always been fairly ruthless | 0:47:08 | 0:47:11 | |
in your personal relationships. | 0:47:11 | 0:47:13 | |
You've left your wives at the time of the birth of your children | 0:47:13 | 0:47:16 | |
to go back to your business. Have you always put business first? | 0:47:16 | 0:47:20 | |
Well, not any kind of business, | 0:47:22 | 0:47:24 | |
but important business, I suppose I have... | 0:47:24 | 0:47:26 | |
I'm trying to think what could be important | 0:47:28 | 0:47:30 | |
because we're on such a different scale, | 0:47:30 | 0:47:32 | |
we have a different scale of values here. | 0:47:32 | 0:47:34 | |
What would be important enough to take you away? | 0:47:34 | 0:47:36 | |
Well, when informed decisions have to be quickly made | 0:47:36 | 0:47:40 | |
and, er, you have to study the... | 0:47:40 | 0:47:43 | |
..the situation before making a decision. | 0:47:45 | 0:47:49 | |
Would you say that you're a sentimental man, Mr Getty? | 0:47:52 | 0:47:55 | |
I think so, yes. | 0:47:55 | 0:47:58 | |
One of your wives has said that | 0:47:58 | 0:47:59 | |
you're much afraid of showing your feelings. | 0:47:59 | 0:48:02 | |
She says you've never been able to open up with men, | 0:48:02 | 0:48:05 | |
or indeed have an intimate man friend. | 0:48:05 | 0:48:08 | |
Oh, I think I've had a...a few, um... | 0:48:10 | 0:48:15 | |
..a few good friends.... | 0:48:16 | 0:48:18 | |
..among men. | 0:48:19 | 0:48:21 | |
One of the...closest friends I had, one of the best friends I had, | 0:48:23 | 0:48:28 | |
unfortunately, um... | 0:48:28 | 0:48:30 | |
..died this morning. | 0:48:33 | 0:48:35 | |
I think I had a long and... | 0:48:35 | 0:48:39 | |
..close friendship with him. | 0:48:40 | 0:48:42 | |
She says, "Paul is the most lonely man I know. | 0:48:45 | 0:48:49 | |
"He wants to meet the other person, but he can't." | 0:48:49 | 0:48:52 | |
I wouldn't say that I've ever felt particularly lonely. | 0:48:56 | 0:48:59 | |
I've been too busy to feel lonely. | 0:48:59 | 0:49:00 | |
Like the squirrel in the cage, you, um, | 0:49:00 | 0:49:04 | |
you race to stay where you are. | 0:49:04 | 0:49:07 | |
In this race, what have you had to sacrifice | 0:49:09 | 0:49:12 | |
to become such an immense financial success? | 0:49:12 | 0:49:16 | |
Well, I suppose a lot of, er... of, er, leisure. | 0:49:17 | 0:49:21 | |
Anything else? | 0:49:23 | 0:49:24 | |
Oh, a lot of things I wanted to do, | 0:49:25 | 0:49:27 | |
a lot of trips I would like to have made and, um... | 0:49:27 | 0:49:31 | |
theatres I would like to have seen and, um... | 0:49:31 | 0:49:35 | |
..walks I would like to have taken. | 0:49:36 | 0:49:39 | |
Presumably you believe the old bromide | 0:49:39 | 0:49:41 | |
- that money doesn't buy happiness. - Yes. | 0:49:41 | 0:49:43 | |
What else do you find it can't buy? | 0:49:43 | 0:49:45 | |
Well, I don't think it can buy health. | 0:49:45 | 0:49:47 | |
I don't think, um... | 0:49:49 | 0:49:51 | |
it, um... | 0:49:51 | 0:49:53 | |
..can buy, er... | 0:49:55 | 0:49:57 | |
..er, a good time. | 0:49:58 | 0:50:00 | |
I think some of the best times I ever had... | 0:50:02 | 0:50:04 | |
..didn't cost me any money. | 0:50:06 | 0:50:08 | |
- Er... - What sort of times were they? | 0:50:09 | 0:50:11 | |
Oh, down at the beach. | 0:50:11 | 0:50:13 | |
On the surfboard. | 0:50:14 | 0:50:16 | |
Waiting for a big breaker to come in and ride it in to shore. | 0:50:17 | 0:50:20 | |
I'm not spending any money there. | 0:50:22 | 0:50:24 | |
The breakers are free. | 0:50:25 | 0:50:27 | |
The sunshine is free. | 0:50:29 | 0:50:30 | |
How do you think your relationship with other people would change | 0:50:32 | 0:50:35 | |
if, by some catastrophe, you lost all your money? | 0:50:35 | 0:50:37 | |
Oh, I hope I'd, um, have, er... | 0:50:39 | 0:50:42 | |
..three or four friends left. | 0:50:43 | 0:50:45 | |
You seem to be a melancholy man, Mr Getty, | 0:50:48 | 0:50:50 | |
a man who doesn't make friends easily. | 0:50:50 | 0:50:52 | |
Your normal expression is not perhaps a very happy one. | 0:50:52 | 0:50:56 | |
In fact, you often look so miserable, | 0:50:56 | 0:50:58 | |
people must believe your money has not brought you much happiness. | 0:50:58 | 0:51:02 | |
Well, I suppose that's, um... | 0:51:02 | 0:51:04 | |
..that's the effect, I suppose, of responsibility. | 0:51:06 | 0:51:09 | |
I think that, um... | 0:51:09 | 0:51:11 | |
..ever since my father died and left me the responsibility of the business | 0:51:12 | 0:51:17 | |
that, er, I haven't had quite the, um, er... | 0:51:17 | 0:51:22 | |
buoyant, er... | 0:51:22 | 0:51:24 | |
..er...feeling that I had before. | 0:51:25 | 0:51:29 | |
How would you have liked to be remembered, Mr Getty? | 0:51:29 | 0:51:32 | |
Well, I think I'd like to be remembered as, um... | 0:51:35 | 0:51:38 | |
..one who...er... | 0:51:41 | 0:51:44 | |
..succeeded in... | 0:51:49 | 0:51:51 | |
..retaining the business that I inherited...inherited, | 0:51:52 | 0:51:57 | |
and, um, expanding it to, um... | 0:51:57 | 0:52:01 | |
a reasonable proportion. I think if my father came back today | 0:52:01 | 0:52:07 | |
and asked me how the business was going, | 0:52:07 | 0:52:11 | |
I'd say, "Well, it's going fairly well." | 0:52:11 | 0:52:15 | |
I think it is going fairly well, Mr Getty, yes. | 0:52:17 | 0:52:19 | |
How do you think that you will be remembered? | 0:52:19 | 0:52:23 | |
Probably, um... | 0:52:26 | 0:52:28 | |
..as a businessman. | 0:52:29 | 0:52:31 | |
- Just a businessman? - I think so. Might be, um... | 0:52:35 | 0:52:38 | |
a footnote in history someplace. | 0:52:38 | 0:52:41 | |
So where do you go from here? | 0:52:43 | 0:52:45 | |
What is left for the richest man in the world to do? | 0:52:45 | 0:52:47 | |
Well... | 0:52:50 | 0:52:51 | |
..just keep on with the business. | 0:52:54 | 0:52:56 | |
But you must know, Mr Getty, that you can't take it with you. | 0:52:58 | 0:53:01 | |
No. | 0:53:01 | 0:53:02 | |
It's probably a good thing. | 0:53:02 | 0:53:04 | |
It might be quite a burden. | 0:53:06 | 0:53:08 | |
DOGS BARK | 0:53:11 | 0:53:13 | |
WHICKER: 'From the burden of wealth, there's no release. | 0:53:13 | 0:53:18 | |
'With his rare, wintry smile, | 0:53:18 | 0:53:20 | |
'the richest man in the world is, perhaps fortunately for us all, | 0:53:20 | 0:53:24 | |
'modest and unassuming. | 0:53:24 | 0:53:26 | |
'His opinions and reactions may not always commend him to many people, | 0:53:26 | 0:53:30 | |
'for the world, when so coldly contemplated, | 0:53:30 | 0:53:33 | |
'seems rather a bleak place. | 0:53:33 | 0:53:35 | |
'But they're not dangerous opinions. They harm no-one, and in their way, | 0:53:35 | 0:53:39 | |
'they help many. For surely it's better for the non-rich | 0:53:39 | 0:53:43 | |
'that the solitary billionaire | 0:53:43 | 0:53:45 | |
'should care more for tankers than for luxury yachts, | 0:53:45 | 0:53:48 | |
'find his pleasures in refineries, not racecourses. | 0:53:48 | 0:53:51 | |
'His money, as you've seen, is most carefully spent. | 0:53:51 | 0:53:55 | |
'In his remote world of employees and strangers, | 0:53:56 | 0:54:01 | |
'he looks after the millions, the billions look after themselves. | 0:54:01 | 0:54:06 | |
'So, there goes the richest man in the world. | 0:54:06 | 0:54:10 | |
'Would you change places with him?' | 0:54:10 | 0:54:13 | |
WISTFUL PIANO PLAYS | 0:54:13 | 0:54:17 | |
DOG WHINES | 0:54:33 | 0:54:36 |