Walter Royal Davis Obituary, How Did Walter Royal Davis Die?
by Ushapriyanga | Updated May 23, 2023
Who is Walter Royal Davis?
Walter Royal Davis was a Texas oil tycoon and philanthropist originally from Elizabeth City, North Carolina. He was also an influential figure in state politics and higher education. Davis was born into a poor family in Elizabeth City, North Carolina. He left home at the age of 16 to work as a truck driver. In 1940, he moved to Texas to work in the oil industry.
He eventually founded his own oil company, Permian Corporation. Permian became one of the largest independent oil companies in the United States. Davis was a generous philanthropist. He donated millions of dollars to the University of North Carolina at Chapel Hill, where he served as a trustee for 16 years. He also donated money to other universities, hospitals, and charities.
Davis was a controversial figure. He was known for his outspoken views and his willingness to challenge the status quo. He was also a heavy drinker and a womanizer. Despite his flaws, Davis was a successful businessman and a generous philanthropist. He made a significant impact on the state of North Carolina and the University of North Carolina at Chapel Hill.
Walter Royal Davis Obituary
Walter Royal Davis was a self-made oil tycoon and philanthropist who was born in Elizabeth City, North Carolina in 1920. He left home at a young age to work as a truck driver, and eventually moved to Texas to start his own oil company. Davis's company was very successful, and he eventually became a multi-millionaire.
Davis was a generous philanthropist, and he donated millions of dollars to various causes, including education, healthcare, and the arts. He was particularly passionate about supporting higher education in North Carolina, and he donated money to several universities, including the University of North Carolina at Chapel Hill, where he served on the board of trustees.
Davis was also active in North Carolina politics. He supported politicians from both major parties, and he was known for his willingness to speak his mind. He was also a close friend of both Presidents George H.W. Bush and George W. Bush.
Davis's personal life was often turbulent. He was married six times, and he had a reputation for being a heavy drinker and a womanizer. However, he was also known for his generosity and his sense of humor. Davis died in 2008 at the age of 88. He was survived by his wife, four children, and eight grandchildren.
Walter Royal Davis Career
In 1952, Walter Royal Davis moved to Texas and borrowed $1,000 to buy five trucks. He used the trucks to transport crude oil from wells in the Permian Basin to refineries. By the 1960s, his business, Permian Corporation, had grown into a multimillion-dollar company with 1,100 employees and a fleet of 550 trucks. Permian was the world's largest independent petroleum transport company.
In 1966, Davis sold Permian to Occidental Petroleum for an undisclosed amount. He then became the top executive at Occidental, after CEO Armand Hammer. Davis helped lead Occidental as the company developed the first oil wells in the Middle East. In 1970, Davis left Occidental and started a second oil transport company. He also invested in oil and gas drilling ventures and other businesses. He also invested in real estate projects in his home state of North Carolina.
Permian was later sold to National Intergroup in 1985. Six years later, in 1991, it was bought by Ashland Inc. in a deal valued at $250 million. Ashland then merged Permian with Scurlock Oil Company to create a subsidiary company known as Scurlock Permian Corporation. In 1999, Ashland agreed to sell Scurlock Permian to Plains All American Pipeline.
Davis died in 2008 at the age of 88. He was a successful businessman and a generous philanthropist. He donated millions of dollars to various causes, including education, healthcare, and the arts. He was particularly passionate about supporting higher education in North Carolina
Walter Royal Davis Age
Walter Royal Davis was born on January 11, 1920, and died on May 19, 2008. He was 88 years old at the time of his death. Walter Davis was a successful businessman and philanthropist who was awarded many honors for his contributions to North Carolina. In 1994, he was awarded the Distinguished Service Medal from the General Alumni Association of UNC-Chapel Hill.
He has also been awarded the William Richardson Davie Award from the UNC-Chapel Hill board of trustees, and in 2004 was the inaugural recipient of the Light on the Hill Award. Davis also served on the Duke University board of trustees, and was a member of the University of North Carolina board of governors for 10 years.
Walter Royal Davis Obituary-FAQs
Walter Royal Davis was a self-made oil tycoon and philanthropist. He founded his own oil company, Permian Corporation, which became one of the largest independent oil companies in the United States. Davis was also a generous philanthropist, and he donated millions of dollars to various causes, including education, healthcare, and the arts.
Walter Royal Davis was born in Elizabeth City, North Carolina, on January 11, 1920.
Walter Royal Davis died on May 19, 2008, at his home in Chapel Hill, North Carolina. He was 88 years old.
Walter Royal Davis was a successful businessman and a generous philanthropist. He founded his own oil company, Permian Corporation, which became one of the largest independent oil companies in the United States. Davis was also a generous philanthropist, and he donated millions of dollars to various causes, including education, healthcare, and the arts. He was particularly passionate about supporting higher education in North Carolina.