1973: Proof of desperation! John Paul Getty III's kidnappers mailed his severed right ear to a Rome newspaper. Why? To convince his multi-millionaire grandfather, J. Paul Getty, to finally pay the ransom. Initially, the family suspected a prank. After months and a ransom reduction from $17 million to $2.9 million, Getty Sr. relented, but only loaned the money to his son at 4% interest. Talk about a 'loan shark'! Getty Sr. reportedly haggled with the kidnappers over the ransom amount, arguing it
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In 1973, billionaire J. Paul Getty refused to pay $17M for his kidnapped grandson. After the boy’s ear was cut off, he paid $2.2M (the tax-deductible max) and loaned the rest to his son with 4% interest. He justified it by saying, “If I pay one penny now, I’ll have 14 kidnapped grandchildren.” John Paul Getty III, the 16-year-old grandson of oil tycoon J. Paul Getty, was kidnapped in Rome in July 1973 by a group linked to the Italian mafia. The abductors initially demanded $17 million, but Getty
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