From Poverty To Becoming A Millionaire Oil Baron

Samuel Reason | October 22nd, 2018

Sarah Rector was born in 1902 in Oklahoma on Muscogee Creek Indian allotted land to two parents who both came from enslaved ancestry. In 1907 when Oklahoma passed a law that ordered the Creeks land to be divided between the Creeks and also their former slaves.

This meant that Sarah Rector and all her family members receive allotted sections of land, the land given to former slaves were usually of poor agricultural quality and very rocky. Sarah was given 160 acres and this at the time was valued at $556.50.

With the interest of simply being able to pay the annual $30 tax bill, her parents leased her land to the Devonian Oil Company of Pittsburgh, but in 1913 everything changed. An oil driller B.B. Jones suddenly produced what is called a “Gusher” and started to fill up 2500 barrels a day. Rector was now at the age of 12 receiving $300 dollars per day. Rector’s parents quickly changed her guardianship to a white man named T.J. Porter who was a family friend and her allotment became part of the famed Cushing Drumright Field.

Suddenly Rector’s newfound wealth became known, she was now an oil baron, some months alone she was receiving over $11,000. And as soon as her identity became public even at the age of 12 she was receiving requests for marriage, money gifts or loans. Papers were publishing smear stories that her money was being mismanaged and that she lived in rags, which was not true at all. Rector and her siblings were going to a school and lived in a modern five-room cottage.

By the age of 20, she owned stocks and bonds, a boarding house, a bakery and a cafe all in Muskogee, Oklahoma. And not to mention over 2,000 acres of prime river bottomland, she had avoided all the scams and attempts of mismanaging her estate, successfully becoming a millionaire oil baron.

Next Article
  • The World’s Most Poisonous Tree Is Dangerous All Over

    The little apple of death or as the locals call it Manzanita de la Muerte is a fruit that you may have thought only exists in a fairy tale. But this sweet fruit is not from a story at all, this fruit comes from the most dangerous tree in the world: the manchineel. [caption id="attachment_5469"...

    Read More
  • The Place The Furthest From Anyone Is Called Point Nemo

    So far from any landmass that the closest human to you, if you were ever to go stand on Point Nemo, would actually be located on the international space station. Sounds incredible no? This is just the truth of how distant everything is from Point Nemo. So if you are looking to get away from...

    Read More
  • The Only Voter In The Region

    India has over 800,000 polling stations when it gears up for a general election, but once they are completely unique: it only has one vote, and his name is Guru Bharatdas. A priest that takes care of a temple deep in the jungle. Five polling officials and two policemen have...

    Read More
  • War Pigs Were Used By The Romans

    During the time of ancient warfare, many empires were using military animals to supplement their armies prowess. Everyone has heard the stories of giant elephants that made up the ranks of the Persian armies. Well as always your enemies will find a countermeasure and invest in how they can defend themselves against your deadliest weapon....

    Read More
  • The Company Teaching Crows To Clean Up Cigarette Butts

    We often comment on how polluted the world is and that no one takes enough incentives to throw things in the trash correctly. Many companies around the world are trying to help governments create recycling programs that work, and startup company is even employing some friendly crows to do the work for them. And why...

    Read More
  • Some Hunters Save Time By Using Pre-Seasoned Buckshot

    When it comes to hunting and shotguns, you really never know what a ballistic company may make next to try and encourage hunters to buy more of their products. If it is not ingenious ways to hold their rifles or stylish looking ammo holders and numerous other accessories then the one thing they like to...

    Read More
  • Julius Caesar And The Year Of Confusion

    What we have now known as 46 BC in modern times was an extremely odd year during the time of the Roman Empire. This was at the height of Julius Caesar’s beautiful Rome and he was preparing to shake up the year with some large calendar reforms. In the end, it extended for 445 days...

    Read More
  • Shrek The Sheep Whose Fleece Provided Twenty Suits

    Shrek was just an ordinary sheep living in South Island, New Zealand when one day Shrek decided to go on an adventure and escaped from his enclosure. Merino sheep normally have their coat sheared once a year, but Shrek hated this with a passion. For over 6 years his escape was a successful one, hiding...

    Read More