Nov 27th, 2019

Billionaire Fracking Brothers Hammered by Permian Holdings

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. Bloomberg's Emma Vickers and Lisa Abramowicz discuss the Wilks brothers. (Source: Bloomberg)