Abbott's wife, Cecilia, also was gifted a purse in 2012 . After graduating college in 1961 with a bachelor of science degree in geology, Moffett began working in the oil fields as a roustabout until becoming a consulting geologist in the oil and gas industry. In Loving Memory of James Robert "Jim Bob" Moffett Sr. who passed away on January 8, 2021. Itbecame one of the world's biggest miners of gold and copperwhile drawing scorn in Austin and elsewhere for alleged ties to human rights abuses in Indonesia. It shouldnt be a show stopper. He was 82 and had been ill for several years. by John McBeth December 23, 2018 February 18, 2020. In 1987 Jamie Wednesday split up just before a gig at the London Astoria. It was the worse year in the history of Longhorn football, so he offered advice to those in 2021. 1:25 Wildcatter, philanthropist and environmental provocateur Jim Bob Moffett has died, University of Texas officials have confirmed. Wildcatter, philanthropist and environmental provocateur Jim Bob Moffett has died, University of Texas officials have confirmed. Jim Bob played in various bands during the late 1970s and early 1980s, including Jamie Wednesday, who were performing between 1984 and 1987. Moffet terakhir menjabat sebagai Executive Chairman Freeport-McMoran pada akhir tahun 2015. Thats not a show stopper for me. The album came with a Jim Bob-penned-mini novel, "Word Count". But there was no ribbon-cutting when the building opened in 1997. His health had declined in recent years, and he had contracted Covid-19, according to his older son, James R. Bubba Moffett Jr. A former football player at the University of Texas, Mr. Moffett parlayed a geology degree into fast riches as he showed an affinity for finding oil and natural gas in Louisiana. as part of the shows The Return of 9 Lessons and Carols for Godless People for two nights at the Bloomsbury Theatre and at Hammersmith Apollo. The album A Humpty Dumpty Thing was released in November 2007 by Cherry Red Records. It is important that the Longhorn Nation learn to look backward to move forward. The full name is chiseled into stone just below the roof line, but it is barely visible from the sidewalk because of a curved front wall. Markets never sleep, and neither does Bloomberg. Controversy breeds defeat. When The Ballpoints' bassist quit at the end of 1980, Carter joined the band, who than went on to play several gigs under the name Peter Pan's Playground. He also credits her with his philosophy on the importance of giving back. In 1981 Jim Bob Moffett received the UT Distinguished Alumni award. At one point, he wanted to develop a master plan for that whole left side of the base area, Porter said. He was 82. <> The family wishes that any donations be made to The Parkinson's Foundation online,https://www.parkinson.org/,or by mail to Parkinson's Foundation, 200 SE 1st Street, Suite 800, Miami, Florida 33131 in memory of Jim Bob Moffett for research. There have been free football tickets for Abbott and his family from oil and gas tycoon James "Jim Bob" Moffett and his wife, Lauree. He would keep pushing to make it happen.. Bloomberg Daybreak Asia. Jim Bob Moffett to step down as Freeport-McMoRan chairman | Business News | nola.com Skip to main content You have permission to edit this article. else { Start a dialogue, stay on topic and be civil. He was a big fan of Elvis and since college had a history of impersonating him. He was one of the original wildcats. He envisioned kind of redeveloping that whole side of the base area. James "Jim Bob" Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. <> Home; Topics. Learning from history sheds light on and adds perspective to the present state of Longhorn football. James R. "Jim Bob" Moffett, born in Houma, Louisiana, educated in Texas and for years a denizen of Uptown New Orleans, made his name in the oil and gas industry as a successful wildcatter, drilling one hole after another in the mineral-rich lowlands of Louisiana and bringing up large quantities of hydrocarbons. Rankin. Customer Service. To honor Mr. Moffett, The flag was flown over the Texas State Capitol at half-staff. He founded the Business Council in the mid-1980s to present, in a more forceful manner, business views on the major social and economic issues of the day to political leaders. James Jim Bob Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. Last updated at 05:22AM EST. In 1961 Jim Bob Moffett graduated from U.T. "You make me smile with your heart," she sang. Since Carter USM, Jim Bob has released two albums and three singles with his disco-pop-punk group Jim's Super Stereoworld, seven solo albums as Jim Bob or James Robert Morrison, and played various live shows both with his band and solo. It kind of was a transformational time as Steamboat moved from a somewhat regional ski area into more of a world-class destination, said Chuck Porter, a longtime friend and former general manager of the Sheraton Resort. articles a month for anyone to read, even non-subscribers! Troy Carter points to city, cyberattack, Michael O'Keefe, a powerful state senator from New Orleans who also spent years in prison, is dead at 89. A longtime business leader and philanthropist with strong ties to New Orleans and Southeast Louisiana has died.Jim Bob Moffett, the former president and CEO of oil and gas giant Freeport-McMoRan . Jan 13, 2021 James Moffett, a longtime energy and mining executive who's remembered in Austin for donating millions of dollars to the University of Texas and for a controversial real estate. But the lessons he and many others learned from Coach Royal live on. She always said, "if you won't share a dollar, you won't share a million.". Im not sure when he and his partners bought into the Sheraton, but certainly, I think he was involved when they doubled the size of the hotel and built the convention center. 5 0 obj Customer Service. Email notifications are only sent once a day, and only if there are new matching items. The PV-10 value fell 36% to $8.14 billion in the company's 2014 10-K, even as the SEC oil price deck . Moffett was born in 1938 in Houma, La. He was admitted to the Texas bar in 1951 and immediately became district attorney of the 46th Texas Judicial District, based in Vernon, the seat of Wilbarger County. Close Menu. endobj Overnight on Wall Street is daytime in Asia. Entering the official UK album chart at number 26, it was Jim Bob's first top-30 LP since Carter The Unstoppable Sex Machine. Long-time Freeport chairman stepped down from role in 2015, Freeport mines include one of worlds top copper-gold deposits. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. The family wishes that any donations be made to The Parkinson's Foundation online, https://www.parkinson.org/ , or by mail to Parkinson's Foundation, 200 SE 1st Street, Suite 800, Miami, Florida 33131 in memory of Jim Bob Moffett for research. Despite the rancor, Moffett told the Statesman at the time that hissupport for his alma mater would endure. The character is named Jim Moffett and various sources say he's an amalgam of several . During occasional shows by Hot Rod Lincoln, a local band that included Berger and other businessmen, he would wear Elvis garb the white suit, the long scarves, the oversized sunglasses and hop onstage to sing a couple of Presley numbers, typically Blue Suede Shoes and Hound Dog.. Jim Bob credits his mother with his work ethic. He was a major philanthropist in New Orleans and Austin, and also a regular target of environmental advocates in Louisiana, Texas and Indonesia. James Robert "Jim Bob" Moffett in 1995. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. In 1981, Moffett put together one of the largest corporate mergers in Wall Street history, combining McMoRan Oil & Gas Co. and Freeport Minerals Co.to form Freeport-McMoRan Copper & Gold Inc. To be successful, he says, You need to find something that you think you can do better than anyone else and then out-work everyone around you. Hard work creates opportunities for success, he says, frequently quoting Royalhis football coach at the University of Texaswho told him as a young man that luck is when preparation meets opportunity. Moffett adds, The harder you work, the luckier you get. True to the principles and practices of Horatio Alger Moffett worked hard to keep it in place for younger generations to follow through his work with the Horatio Alger Association and educational philanthropy. Environmentalists argued that Moffett's development would wash building materials, dirt andpollutants that accompany everyday human life into the aquifer, ultimately fouling the springs. He was 82 years old. (if applicable) for The Wall Street Journal. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Moffett had Freeport donate millions of dollars for libraries, parks, summer jobs programs for kids, the New Orleans Opera and the Louisiana Philharmonic Orchestra, among others, said Cindy Molyneux, who headed the companys foundation. He also is a member of the University of Texas McCombs School of Business Hall of Fame and the American Mining Hall of Fame, Mining Foundation of the Southwest. In 2013, Freeport-McMoRan reported a PV-10 value of its oil and gas assets of $12.6 billion. He was . Moffett stepped down as chairman in 2015. He was in your face when he knew something was right and had to be done. He'll be sorely missed.". 3%. Mr. Moffett served as Chairman of Freeport-McMoRan from 1984-2015 and CEO from 1984-2003. There was a time when no name riled up Austinites quite like that of Jim Bob Moffett. Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. This was followed by three novels with major publishers: Driving Jarvis Ham, The Extra Ordinary Life of Frank Derrick, Age 81 and Frank Derrick's Holiday of a Lifetime. You would have thought the team was undefeated that year. Edwin Edwards and white supremacist David Duke advanced to the runoff Moffett called Edwards to pledge support and rally business people behind him. In his speech after accepting the honor, Jim Bob said he defines success as reaching a point in life when you can help other people to be successful. He advises young people that success is available to anyone in America. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. But his biggest success came as a minerals prospector in 1988, with the discovery of vast deposits of gold and copper at Freeports Grasberg mine in Indonesia, which became the worlds largest and most profitable gold mine. Moffett, a native of Golden Meadow, is the CEO of Freeport-McMoRan. He died Friday in Austin of complications from COVID-19. endobj All believed that Texas football was destined for greatness. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. Since 2016, Jim Bob and Michelle have actually been the parents of 20 kids. He was 82. A DVD featuring a live acoustic performance of Jim Bob songs and Carter USM songs. Do something better than anyone else. <> Moffett won a scholarship to play football and study geology at the University of Texas but found his studies limited his ability to play ball. Moffett developed a new tax model, a rebalance of sales, income and property taxes to finance state government many years into the future, and thus making the state more competitive and attractive . Mr. Moffett was also a shrewd negotiator, with an eye for detail and no small supply of ambition. Mr. Moffett died on Friday night in Austin, Texas. was released in March 2020 on Cherry Red Records. Moffett liked to note that he was born on the same date, Aug. 16, that Presley died in 1977. Contents 1 History 1.1 Early history if (/android/i.test(userAgent)){ They also donated $2.5 million for the $30 million molecular biology building that bears their name, with Freeport also paying more than $1 million. James "Jim Bob" Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. Thats a legacy that will be there forever and ever, Subra said. . Jim Bob Moffett, chairman and CEO of Freeport McMoRan Copper and Gold, at a shareholders meeting in 1996. See Carter USM and Jamie Wednesday for those bands' discographies. He discusses: his move to Houston as a child; the role of the American Dream in relation to the Cold War; his time at the University of Texas at Austin; working for an independent oil company while also pursuing a masters degree at Tulane University; entrepreneurial spirit; how Freeport-McMoRan came into existence; his work in Indonesia; the decision to locate his company in New Orleans; what it felt like to discover the largest gold mine in the world; the importance of trusting instinct; and luck and opportunity. of New Zealander Burt Munro, the 64-year-old amateur motorcycle racer who set a land-speed record at Utah's Bonneville Salt Flats in 1967.. . He died at Seton Hospital in Austin while listening to Presley songs, on Presleys birthdate. He was really a good, good person and willing to help, Barthelemy said. View worldwide cancellations. He was born November 27, 1939 in Alton, IL, the son of Jack L. Smith and Lena Josephine Sapp Smith. Moffett is survived by his wife, Lauree Moffett of Austin; children James "Bubba" Moffett Jr. of Phoenix and New Orleans, Crystal Moffett Lourdof Los Angeles, Jordan Moffett of Austin and Corrine Moffett of Austin; and six grandchildren. Over the following decades, Jim Bob graciously gave back the blessings he received to the Longhorn Nation, as the following testimonial confirms. 2021 Mike Ruether has passed away- 1980-1983 Longhorn football. Track your investments 24 hours a day, around the clock from around the world. endobj Jim Bob Moffett, co-founder and former CEO of Freeport McMoRan, dies at 82 Moffett co-founded the internationally-known Fortune 500 exploration company and headquartered it in New Orleans,. There was a problem saving your notification. Texas Legacy Support Network, 7703 Mesa Drive, Austin, United States. 2 0 obj Homes - Celebrity - Business, Homes - Celebrity - Former Links: en.wikipedia.org By: jdubble07 Advertisement He was a member of Carter USM. Today, however, in the twilight of a long, storied and sometimes controversial career, the 71-year-old oil . I was actually working for ITT Sheraton, and then Starwood when Starwood took over the properties. Jim Bob Moffett, Class: 1960 Induction: 1990 Sport(s): Football - Sport: Football (1959-60) Position: Tackle Inducted: 1990 Hometown: Houston, Texas Member More:Documentary explores long history of Austin's green identity. (Photo by G. Andrew Boyd, The Times-Picayune), Jim Bob Moffett in 1990. applink.href = whizDeepLink; Add a bio, trivia, and more. 6 0 obj Jim Bob Moffett, co-founder and former CEO of Freeport McMoRan, dies at 82 - by Dominic Massa (WWLTV.com - January 9, 2021) January 10, 2021. . The album was accompanied by a free CD of Jim Bob and Jim's Super Stereoworld rarities. He was the senior football player with the highest scholastic average, an accomplishment for which he was particularly proud. Credits for Research on the History of Longhorn Sports. He and his wife donated $2 million for a renovation of Royal-Memorial Stadium. Russian TV Touts a Big Victory in Ukraine. endobj He is a member of the University of Texas McCombs School of Business Hall of Fame and the American Mining Hall of Fame, Mining Foundation of the Southwest. You will be charged If you don't follow the rules, your comment may be deleted. "Jim Bob was a Texas legend. Tempo.co - https://bit.ly/38v9Sw3; Anisa Indraini. applink.title = 'Whiz'; Topics; See All Markets; Biofuels; Crack Spread; Crude Oil; Frac Spread; Liquefied Natural Gas; Natural Gas; Natural Gas . He agreed to support a bond refinancing that provided $35 million for the city to pay for roadwork, parks and libraries. % Twice,BusinessWeekmagazine has named Freeport-McMoRan the most philanthropic company in America based on total giving as a percentage of revenues. Unfortunately, the land that became Torian Plum got sold out before he could realize that vision.. On January 8, 2021, Jim Bob Moffett succumbed to Covid. He toured the UK in April and September 2009 promoting the album. Louisiana Public Broadcasting 16.8K subscribers This episode of the series "Louisiana Legends" from April 2, 1995, features an interview with James "Jim Bob" Moffett conducted by Gus Weill.. Jim Bob. They objected to Freeport's gold-drilling operations in Indonesia, which were tangled up in heated legal disputes; the company threatened to sue three professors for what it called false allegations of human rights violations. Every contribution, however large or small, will make a difference. James Robert "Jim Bob" Moffett, Sr. died Friday, January 8, 2021, at 11:25 pm at Seton Memorial Hospital in Austin, Texas of complications from Covid-19. The technology is here, but politics may stand in the way. A single from the album, "Battling The Bottle", was released with Jim Bob's re-working of the children's song "The Wheels on the Bus" on the B-side. 8 0 obj He first became involved up here in 1973 when he acquired a little ranch outside of Steamboat and had thought about actually developing a private ski area there, Porter said. However, in 2020 Mr. Moffett expressed some concerns about the conflicts between fans, the UT Administration, players, and coaches. Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert "Jim Bob" Moffett of Austin, Texas passed away at the age of 82. HOW LONG IS THE SHELF LIFE OF A LONGHORN SPORTS ACCOMPLISHMENT? DKR and Elvis built the bridge that would define Jim Bobs life journey. McWilliams Jr. and B.M. View latest articles, news and information about what happened to Jim Bob Moffett, American petroleum geologist, that died on Sunday January 10th 2021at age 82 Mr. Moffett died on Friday night in Austin, Texas. The drilling company he co-founded was part of one of the largest mergers in Wall Street history. DKR's statement "luck is when preparation meets opportunity" set the tone for Jim Bob's breath-taking success in the business world. Jim Bob Moffett - Sport: Football (1959-60) Position: Tackle Inducted: 1990 Hometown: Houston, Texas • Member of 1959 SWC championship team • Received - With Bob Shipley taking a step back from full-time work, the Horns attracted Lancaster head coach Chris Gilbert as the team's new director of high school relations. John F. Russell is the business reporter at the Steamboat Pilot & Today. Moffett, who goes by "Jim Bob," will resign as chair and leave the board of directors Thursday. The fight culminated in a City Council meeting June 7, 1990. He was 82. Which is harder starting or maintaining a winning tradition ? Giving Back 501 (c) (3)'s and foundations set up by former Longhorn student athletes. 10 Januari 2021. Each donation will be used exclusively for the development and creation of increased news coverage. He was 82. The corporation has been charged with environmental and human rights abuses. He also helped form the partnership that made the Sheraton Steamboat Resort an anchor for the growing Steamboat ski area in the 1980s. Jim Bob cherished that he was born on the same date (August 16) that Elvis Presley died. Oilmen such as William Tex Moncrief Jr. and the late T. Boone Pickens Jr. recognized him as one of Americas great wildcatters, now a rare breed. In December 2009 Jim Bob performed his 2004 song "Angelstrike!" Main Menu; Markets. He was my hero, said Bubba Moffett, president of Crescent Crown Distributing, a beer and beverage distributor in south Louisiana and Phoenix. "Jim Bob was a Texas legend. Jim Bob and Michelle Duggar became known for their TLC show 19 Kids and Counting (formerly 18 Kids and . Mr.. Open a newChase Private ClientChecking account and get a $2000 bonus! He was 82. Jim Bob Moffett net worth is $3 Million Jim Bob Moffett Wiki: Salary, Married, Wedding, Spouse, Family . I want everyone to know that in America everyone can succeed, says Moffett, crediting the Association with getting the message out that in America, success should be celebrated. Under his leadership, Freeport-McMoRan supported educational, healthcare, and social development programs worldwide. Mr. Moffett died on Friday night in Austin, Texas. Now based in Phoenix, Freeport extracts copper, gold, and molybdenum from sites in North and South America and Indonesia. For example, Freeport Chemicals wantedto dump two giant stacks of radioactive gypsum wastes in St. James Parish into the Mississippi River in the late 1980s, but government officials stopped the company. A postdoctoral fellowship, the 2021 James R. "Jim Bob" Moffett, also was awarded by the Foundation. const userAgent = navigator.userAgent; <> Last edited on 14 November 2022, at 15:37, Learn how and when to remove this template message, The Return of 9 Lessons and Carols for Godless People, "Carter USM's Jim Bob on reunions, money and an artistic dilemma", "Pop up | full Official Chart History | Official Charts Company", https://en.wikipedia.org/w/index.php?title=Jim_Bob&oldid=1121867209, Jim's Super Stereoworld "Bonkers in the Nut", 1999, Jim's Super Stereoworld "Could U B The 1 I Waited 4", 1999, Jim's Super Stereoworld "Bubblegum EP", 2002, "Battling The Bottle (Fighting The Flab, At War with the World)", November 2007, "The Man Behind the Counter of the Science Fiction Superstore", Marc 2009, This page was last edited on 14 November 2022, at 15:37. Russia's defence ministry said 63 soldiers had died in the fiery blast which destroyed a temporary barracks in a former vocational college in Makiivka, twin city of the Russian-occupied regional capital of Donetsk in eastern Ukraine. 7 0 obj Freeport has also been subject to strong criticism that its giant mine in Indonesia fouled the soil and that the company, in conjunction with the Indonesian government, its business partner, tortured and killed indigenous opponents of the massive project. androidOrIOS(); STEAMBOAT SPRINGS James Jim Bob Moffett was a geologist, a former college football player and oil wildcatter, who built Freeport-McMoRan into one of the worlds leading natural resource companies. Sie knnen Ihre Einstellungen jederzeit ndern. "I'm going to continue to give money to the university,'' said Moffett, who would retireas chairman of Freeport-McMoRan in 2015,after activist investor Carl Icahn took an 8.5% stakein the Phoenix-based company. On January 21, 1962 he married Linda Kay Rollins in East Alton, IL. Update information for Jim Bob Moffett . This week, Moffetts friends in Steamboat remembered him as a visionary with a unique charm and personalty. Larry Falk's Baseball cards and baseballs, Predatory fans on social media are dangerous to the Longhorn Nation, Deceased- alphabetically by last name m-z. 0. in the last 24 hours. Critics had long regarded the company as a symbol of neocolonialism, citing environmental problems caused by mining, as well as allegedkillings, torture and other abuses of indigenous people by soldiers for the Indonesian government, a business partner in the operation. <> His health had declined in recent years, and he had contracted Covid-19, according to his older son, James R. "Bubba" Moffett Jr. leaders, and the political power structure for once all were singing from the same Longhorn hymnal. That was an important part of the development of the base area.. And of course there was a sultry chanteuse, wearing a red slithery-silk thing. JFIF C It's done. He was a larger-than-life character, Steamboat Springs photographer Rob Hanna said of Moffett, who died Jan. 8 at 82. PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert "Jim Bob" Moffett of Austin, Texas passed away at the age of 82.Mr. ",#(7),01444'9=82. In 1984, at a time when big oil and gascompanies still had a major presence in New Orleans, Moffett moved the company headquarters from Metairie into a new office tower at 1615 Poydras St. across from the Superdome. Years later in 1992, he obtained an LL.M. Royal was able to quiet the storm of discontent among all the bickering factions by compiling a 6-4 record in 1957. He died Friday in Austin of complications from COVID-19. It had . Bonus features include an interview with Morrison, Morrison reading excerpts from his autobiography and the video for the Jim's Super Stereoworld song "Bubblegum". Other questions:subscriberservices@theadvocate.com. endobj No cause was given in the statement released by the worlds largest listed copper producer. Posted in AT Finance, Indonesia, Northeast Asia, South Asia, World World's biggest gold mine nationalized in Indonesia. Wildcatting geologist followed intuition to earths natural resources, drew ire of environmental groups. The development was to be built over a network of underground waterways that feed Barton Springs. James Jim Bob Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. Already a member? He was 82. Bad Data results in Bad recruiting decisions. Jim Bob Moffett refers to General Suharto as a "compassionate man"--this of an autocrat who slaughtered some 500,000 people upon coming to power in 1965, and has since killed 200,000 during the illegal occupation of East Timor. Jim Bob's autobiography, Goodnight Jim Bob On The Road With Carter The Unstoppable Sex Machine, was published by Cherry Red Books in 2004. After two years of often fraught negotiations - and a last-minute environmental hiccup - the government and US mineral giant Freeport . stream Jim Bob Moffett converted what he learned under the Tutelage of Coach Darrell Royal into one of the most successful business enterprises in U.S. history. James Robert "Jim Bob" Moffett, the former chairman and chief executive officer of Freeport-McMoRan Inc., has died. 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