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Billionaire Without Heirs Pours Fortune Into Texas Ghost Town

John Poindexter, an 81-year-old Houston manufacturing magnate with no children, is directing tens of millions of dollars into restoring Shafter, a West Texas ghost town of about 25 residents, through his Tidewater and Big Bend Foundation.

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John Poindexter, an 81-year-old Houston manufacturing magnate with no children, is directing tens of millions of dollars into restoring Shafter, a West Texas ghost town of about 25 residents, through his Tidewater and Big Bend Foundation.

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