Living, as we do, in the age of Indian gaming casinos it seems rather quaint to talk about which tribe was considered the richest of them all back in the Thirties. Nonetheless, this 1936 article tells the tale of the Osage Indians (Missouri) and the great wealth that was thrust upon them when oil was discovered on their tribal lands:
“In 1935, some 3,500 Osage Indians proved their right to the title of “wealthiest Indian tribe in America” by drawing an income of $5,000,000 from their oil and gas leases…The members of Chief Fred Lookout’s tribe were not stingy with their new wealth. They bought clothes, big cars lavishly ornate homes…”
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