This podcast episode reviews "Hess: The Last Oil Baron," detailing the life and career of Leon Hess, who built a multi-billion dollar oil empire from humble beginnings. The episode traces Hess's journey, highlighting his shrewd business decisions, including his shift from coal to fuel oil, his mastery of logistics, and his strategic use of regulatory advantages. Specific examples include Hess's creation of the largest refinery in the Western Hemisphere and his acquisition of the New York Jets. Listeners gain insights into Hess's business acumen, emphasizing the importance of cost control, efficient operations, and building strong relationships, offering valuable lessons for entrepreneurs.
