David Milne Fasken

David Milne Fasken (December 31, 1860 – December 2, 1929) was a Canadian lawyer from Wellington County, Canada West, whose wealth, later inherited by his family, formed Fasken Oil & Ranch in 1979, an oil company which currently owns approximately 300,000 acres of land in Texas. In 2015, the family was estimated to have a net worth of $3 billion.

In 1913, Fasken acquired 226,000 acres for $1.50 an acre in what would later be called Fasken, near Midland, Texas, intending to convert it to a farm. He retired there and ended his law practice in 1919.

Death Fasken died on December 2, 1929 at the age of 68 leaving behind an estate worth $1,792,300, excluding unknown oil reserves on the land. The Supreme Court of Canada, while interpreting his will, commented that his inheritance was "very substantial". The Toronto Daily Star ran the headline "David Fasken, Wealthy Mining Magnate Dies".

Oil was discovered on the property leading to the creation of the Fasken Oil & Ranch company in 1979.