The History of Terrorism
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Judge Herman George Kaiser
George Kaiser
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George Kaiser
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1636-Today Harvard College
2010-Today The Giving Pledge
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Harvard Business School
Judge Herman George Kaiser
Tulsa, Oklahoma
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1910-Today BOK Financial Corporation (NASDAQ: BOKF)
1935 George's father, Herman George Kaiser, had been a judge in Germany until 1935, when he was removed from his job by the Nazis because he was Jewish.
1940s Kaiser-Francis Oil Co. was created in the 1940s by George Kaiser's uncle and parents, Jewish refugees from Nazi Germany who settled in Oklahoma.
1969 George Kaiser took control of Kaiser-Francis Oil Company in 1969, after his father had a heart attack.
1980s During a bust in the oil industry in Oklahoma and Texas, Kaiser bought up struggling energy companies whose losses provided him with tax deductions that effectively offset his own income and left him with little or no tax liability.
1990 Kaiser bought Bank of Oklahoma out of Federal Deposit Insurance Corporation receivership. Despite BOK's depressed state, it was rich enough to land Kaiser on the Forbes 400 at one stroke.
2008 Kaiser is listed third on BusinessWeek's 2008 list of the top 50 American philanthropists, behind Warren Buffett and Bill and Melinda Gates.
2010 Under George's management, Kaiser-Francis became the 23rd largest nonpublic energy exploration company in the U.S. by 2010. In that year the company earned about $217 million, based on estimates by Bloomberg News.
2014 Kaiser bought Tom L. Ward's interest in The Professional Basketball Club, the investment group headed by Clay Bennett that owns the Oklahoma City Thunder of the National Basketball Association, as well as its Oklahoma City Blue minor league affiliate.
A 2011 article by Bill Allison of the Sunlight Foundation analyzed Kaiser's business activities and his use of legal tax avoidance strategies, including how during the...
George Kaiser Family Foundation
Oklahoma City Thunder