askvity

# J. Paul Getty's Initial Ransom Refusal

Published in Paul Getty Ransom 2 mins read

Which billionaire refused to pay ransom?

Based on the information provided, the billionaire who initially refused to pay ransom was Paul Getty.

J. Paul Getty's Initial Ransom Refusal

J. Paul Getty, recognized as the world's richest man in 1957, is noted for his initial refusal to pay a significant ransom demanded for his 16-year-old grandson's release. Kidnappers had demanded $17 million for the return of his grandson, John Paul Getty III.

Getty's initial stance was widely reported and debated, often attributed to his belief that paying ransom would make other family members targets for future kidnappings. However, this refusal did not last throughout the ordeal.

The situation took a grim turn when, after months of captivity, the kidnappers sent the boy's severed right ear to a newspaper in Rome as proof of life and a means of increasing pressure. This shocking event proved to be a turning point.

  • Key Facts from the Reference:
    • J. Paul Getty was the billionaire in question.
    • He initially refused to pay the requested $17 million ransom for his grandson.
    • He eventually agreed to cooperate after the boy's severed ear was sent to a newspaper.

This case highlights the complex and agonizing decisions faced in kidnapping situations, especially for high-profile wealthy individuals. While Getty's initial position was a refusal, the horrific act involving his grandson's ear ultimately led him to agree to payment.

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