Jim Justice is a man who has a hard time paying the bills.
ames C. Justice II is many things. He is a coal mining billionaire, with an estimated net worth of $1.5 billion. He is the 36th governor of West Virginia. He owns some 100 companies. He was elected as a Democrat, but switched parties once in office. He is the owner of the Greenbrier, a gaudy 710-room luxury resort near White Sulphur Springs that dates to 1778 and once housed the nuclear fallout shelter of the United States Congress. Justice is 68 years old, 6 foot 8 and weighs 368 pounds.
Overhead is low, too. “Hard to believe we run everything with a card table and a bucket of chicken,” he says. “It’s not like we have layers and layers of managers like a big giant public company. But it’s not run haphazardly.” In his mind, every asset has to pay for itself. “I’m a believer in the way I try to run things, which is if you have XYZ company and it has an obligation, then XYZ needs to handle that and is not going to run from it.
Justice companies have filed personal lawsuits against state employees, alleging in one case the “malicious” closure of a Justice-owned mine. The agency says Justice is attempting to “intimidate the Kentucky government into renegotiating” the 2014 deal.
But, unlike Trump, Justice grew up in coal country. His dad, James Sr., studied aeronautical engineering at Purdue and was an Air Force captain during World War II. He cofounded coal miner Ranger Fuel in the early 1960s and then sold it in 1969 for $70 million to Pittston, a Virginia-based mining concern. In 1971, Jim Sr. formed Bluestone in the coal fields of West Virginia’s McDowell County.
“I could have put them into bankruptcy,” he says. “It takes time to fix everything and do it right, and along the way you get people who are throwing rocks at you.” She is tired of the hide-and-seek, writing in a December 2018 order: “The defendant’s decision to simply ignore court orders, deadlines and obligations precipitated the imposition of the contempt sanction. Continuing to flout the court’s directives is not a strategy likely to engender positive results.” She ordered Justice Energy to turn over financial records by January 25 and in March engaged the U.S.
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