Ms. Getty, we offer you our sincerest condolences. Well, you're very thoughtful. Please,...
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Oswald Hinge:
Ms. Getty, we offer you our sincerest condolences.
Gail Harris:
Well, you're very thoughtful.
Oswald Hinge:
Please, sit. Mr. Getty's death has created a bit of a crisis here. You see, the estate was structured as a charitable family trust.
Gail Harris:
Did he ever give any money to charity?
Oswald Hinge:
No. No.
Gail Harris:
The trust enabled Mr. Getty to build his fortune without paying taxes. There was just one catch. Under the rules of the trust, he couldn't actually spend the money.
Gail Harris:
What's the point of making all that money if you can't spend it?
Oswald Hinge:
Well, he couldn't spend it, but he could invest it.So, he invested it in things. Art. Antiques. Soon, he had a... A staggering amount of things.And a staggering amount of money. Now someone has to decide what to do with it all.
Gail Harris:
What do you want with me?
Oswald Hinge:
How do I put this... The king is dead. The throne is vacant. Your children are his heirs. Until they come of age,someone has to make the decisions. Which means, of course, someone has to take his place.
Transcript
00:00:01.000 --> 00:00:05.597
Ms Getty we offer you our sincerest condolences
00:00:07.214 --> 00:00:08.636
Well you're very thoughtful
00:00:08.924 --> 00:00:10.301
Please sit
00:00:11.135 --> 00:00:14.935
Mr Getty's death has created a bit of a crisis here
00:00:15.055 --> 00:00:17.058
You see the estate was structured
00:00:17.224 --> 00:00:19.727
as a charitable family trust
00:00:20.311 --> 00:00:22.109
Did he ever give any money to charity
00:00:22.521 --> 00:00:23.818
No No
00:00:24.023 --> 00:00:26.196
The trust enabled Mr Getty to
00:00:26.317 --> 00:00:28.786
build his fortune without paying taxes
00:00:32.074 --> 00:00:35.118
There was just one catch
Clip duration: 36 seconds
Views: 182
Timestamp in movie: 02h 03m 23s
Uploaded: 16 March, 2022
Genres: biography, crime, drama
Summary: The story of the kidnapping of 16-year-old John Paul Getty III and the desperate attempt by his devoted mother to convince his billionaire grandfather Jean Paul Getty to pay the ransom.
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