The Hunt Family's Financial Scandals: A Billionaire Dynasty's Legal Troubles

When the hunt brothers lost upwards of a billion dollars in the silver market, much of the world felt that it couldn’t have happened to two. Webthey decided that turning their oil dollars into silver was the best way to beat inflation, shelter their income from tax collectors and protect the family billions. Webthe hunt brothers, who inherited their father's oil business, were known for their wealth and influence in the commodities market.

Webbillionaire hunt brothers william herbert (left) and nelson bunker are sworn in before a house subcommittee investigating the 1980 collapse of the silver market. Webafter realizing that the hunt brothers cornered the silver market, comex immediately suspended silver trading and only accepted silver liquidation orders.