[1][3] Ineligible for the draft because of his poor eyesight, Steen spent World War II working as a petroleum geologist in the Amazon Basin of Bolivia and Peru.
He started graduate school at the University of Chicago but after a year returned to Houston to take a job doing field work for the Standard Oil Company of Indiana.
[1] Despite the fact that his three sons, Johnny, Andy and Charles Jr. were all less than four years old and his wife was expecting another child, Steen borrowed $1,000 from his mother and headed for the Colorado Plateau, determined to strike it rich.
Finding this massive deposit of uranium ore only became apparent when he took a piece of the blackish core he found while drilling weeks earlier back to Cisco.
The high grade uranium deposit was located at Big Indian Wash of Lisbon Valley, southeast of Moab, Utah (38°11′24″N 109°15′36″W / 38.19000°N 109.26000°W / 38.19000; -109.26000).
[7] In Moab, Steen built a $250,000 hilltop mansion to replace his tarpaper shack, with a swimming pool, greenhouse, and servants' quarters.
He made his money well-known, inviting the entire population of Moab to annual parties in a local airport hangar, having his original worn prospecting boots bronzed, and flying to Salt Lake City in his private plane for weekly rumba lessons.
He resigned from office in 1961 and moved to a ranch near Reno, Nevada, building a 27,000 square foot (2,500 m2) mansion near the residence of the Comstock millionaire miner, Sandy Bowers.
Steen attempted to diversify his interests by investing in Arabian horse breeding, a marble quarry, an airplane factory, a pickle plant, and real estate.
[3][4] Steen's legacy lives on through his four sons who were once the recipients of a $130 million fortune that their father lost after the decline of the uranium market in the late 1950s.
On November 4, 2016, a historical marker commemorating the Lisbon Valley's uranium heritage and noting Charlie Steen's discovery was dedicated on the Anticline Overlook road off U.S. 191.