business
This billionaire is pouring his fortune into a Texas ghost town of about 25 people
John Poindexter, the 81-year-old founder of truck-body maker J.B. Poindexter & Co., wants to turn Shafter, Texas, into a living history museum.
But what happens when an ultrawealthy person has no descendants?
In the case of 81-year-old billionaire John Poindexter, he’s getting creative and funneling some of his wealth into a quite unexpected cause: a super small town in West Texas.
Shafter, ... [4649 chars]
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