Howard Hughes Net Worth
#Fact1Technically speaking, Hughes was nominated for two Oscars, as he produced Best Picture nominees The Racket (1928) and The Front Page (1931). However, until 1951, the Academy Award for Best Picture only recognized the film itself, and not its producers.2Co-founded, with Preston Sturges, California Pictures, a low-budget production company.3For a period of time in the 1940s-late 1950s, the Hughes Tool Co. ventured into the film and media industry when it bought the RKO companies, including: RKO Pictures; RKO Studios; RKO Theatres, a chain of movie theatres; the RKO Radio Network and a network of radio stations.