Billionaire Fracking Brothers Hammered by Permian Holdings
- Farris and Dan Wilks sold fracking firm for billions in 2011
- Gas and oil gluts have gutted some of their top investments
Photographer: Brittany Sowacke/Bloomberg
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Farris and Dan Wilks hit pay dirt during the shale boom when they sold their Texas fracking company in 2011 for $3.5 billion, giving them ample resources to fund their interests in land, politics and religion.
But many of their more recent investments in the Permian Basin have turned to dust.