Waite Phillips

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Waite Phillips (1883 – January 27, 1964) was an American petroleum businessman who created a truly integrated operation that combined petroleum refining and marketing.

He also built several office complexes and was active in banking and ranching in Tulsa, Oklahoma.

Phillips was a philanthropist for both local Tulsa organizations and national causes.

He built a 72-room mansion for his home in Tulsa, which later donated to the city; the Philbrook Museum of Art was located in the city.

He gifted the Boy Scouts of America 127,000 acres (510 km2) of his favorite ranch in New Mexico, as well as an office building as part of its endowment.

The ranch is now Philmont Scout Ranch, one of the world's biggest youth camps.

Phillips left a major bequest to the University of Southern California, which named a building after him.

Early life and education

Waite Phillips and his identical twin brother Wiate were born near Conway, Iowa, to Civil War veteran Lewis "Lew" Phillips and Lucinda Josephine "Josie" Faucett Phillips. Waite, the younger brother, was the seventh of ten children born into the Phillips family.

Waite and Wiate, a resident of Waite and Wiate, left the 40-acre (160,000 m2) farm and headed west in 1899. They travelled to the majority of the western and midwestern United States, as well as parts of Canada. They worked in a variety of occupations, including railroad construction, mining, and lumbering, as well as spending a winter trapping fur horses in the Bitterroot Mountains to feed themselves. On July 16, 1902, Wiate's trip came to an end in Spokane, Washington, where they died as a result of acute appendicitis.

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Career

Waite returned home to Iowa and began working in active business after six months of college study. He went from a brief period of coal mining in Iowa to petroleum production in 1906, mainly in Bartlesville, Oklahoma, under the direction and support of his elder brothers, Frank and L. E. Phillips. Phillips Petroleum Company was founded by his brothers and is now known as Phillips Petroleum Company.

Phillips sold his oil interests to his elder brothers in 1914. He began working as an individual oil producer, refiner, and marketer. His fully integrated and extensive oil industry spanned almost 40 years. He had his headquarters in Tulsa, Oklahoma, since 1918. During his time in Tulsa, Phillips designed several office buildings, including the Philtower and Philcade Buildings. Villa Philbrook, a 72-room Italian Renaissance-style villa, was also built. Phillips donated his enormous home to Tulsa, which was turned into the Philbrook Museum of Art in 1938, during the Great Depression. Any of these buildings have been listed on the National Register of Historic Places. Phillips and his wife Genevieve renovated the mansion to the city in 1937 and converted it into a 23-room 3,000 square feet (280 m2) penthouse residence. Waite sold the house in 1942, making it their primary residence in Tulsa.

Phillips was heavily involved in the activities of ranches in many Rocky Mountain regions in addition to his oil business. The UU near Cimarron, New Mexico, which was his first choice of ranches, was purchased in 1922. He converted the 300,000-acre (1,200 km2) UU Ranch into diversified farming and livestock operations after disposing of his other ranches. Waite built the Villa Philmonte as his summer home. In Tulsa, he also built mountain trails, a hunting lodge, and a fishing lodge, all of which he found to be receptive to business pressures.

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