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Pickens was also a longtime supporter of his alma mater, Oklahoma State University and contributed more than $500 million to the school over the years, according to ABC Dallas affiliate WFAA. The school's football stadium is named after him.

\"PHOTO:
Sue Ogrocki/AP, FILE
PHOTO: T. Boone Pickens, center, answers a question during a news conference Monday, Aug. 17, 2009, in Stillwater, Okla., after touring the new stadium renovations at Oklahoma State for which Pickens provided the bulk of the funding.
>

In addition to his generosity towards OSU, Pickens was also a famous philanthropist through his own foundation, the T. Boone Pickens Foundation, which he founded in 2006. His philanthropic impact reached almost $2 billion total through matching initiatives, according to his website.

“Nobody has done what Boone did,” Steve Taylor, retired chief justice of the Oklahoma Supreme Court, said in a statement for Boone's obituary posted on his website. \"He wanted to enjoy the fun of giving away money, and seeing what happened with it. Scholarships. Football stadiums. Engineering schools. Hospitals.\"

\"PHOTO:
Charlie Riedel/AP
PHOTO: Oil and gas developer T. Boone Pickens addresses a town hall meeting on energy independence in Topeka, Kan., July 30, 2008.
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