Oscar Wyatt | |
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Born | Oscar Sherman Wyatt Jr. July 11, 1924 Beaumont, Texas, U.S. |
Nationality | American |
Education | Texas A&M University, 1949 degree in mechanical engineering |
Occupation | Businessman |
Known for | Founder of Coastal Corporation |
Spouse | |
Children | 4 |
Website | www.oscarswyatt.com/index.htm (archived) |
Notes | |
Oscar Sherman Wyatt Jr. (born July 11, 1924) is an American businessman and self made millionaire. He was the founder of Coastal Corporation and a decorated bomber pilot in World War II. In 2007 the U.S. federal court in Manhattan tried him for illegally sending payments to Iraq under the Oil-for-Food Program.[2][3]
Lynn Sakowitz Wyatt, who is Mr. Sakowitz's only sibling, has combined down-home charm and haute couture to become an international socialite whose guest lists have included Mick Jagger, the Duchess of York and the Aga Khan. Her husband, Oscar S. Wyatt Jr., is a gruff oil executive who is chairman of the Coastal Corporation and has a fortune estimated at well over $100 million. Having done an extensive business with Iraq, he flew to Baghdad shortly before the outbreak of the Persian Gulf war, met with Saddam Hussein and brought home a planeload of hostages.