transcript · 12,483 words

#338 Monty Moncrief Texas Oil Billionaire

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In nineteen seventy eight, Mani Moncrief was eighty four years old. He was still very much the patriarch of his clan, the man who made the decisions in his family and in his family's business. Family and business were in fact The same thing with him. the desire to found the one being inseparably tied to the desire to found the other.

When speaking of his business, he never mentioned himself specifically. He would always say We sign this deal. We figured out what was best. This is a we kind of business, he explained.

We don't tolerate any of that I stuff around here. In Texas, in the oil business, one sees, as nowhere else, that the ideal of capitalism is the ideal of founding a family and and conferring the right of inheritance upon it. Passing a legacy on. We're oilmen.

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