Tom Hicks
American private equity investor (1946–2025)
Thomas Ollis Hicks Sr. (February 7, 1946 – December 6, 2025) was an American private equity investor and sports team owner who was based in Dallas, Texas. Forbes magazine estimated Hicks's wealth at $1 billion in 2009, but it dropped to $700 million in 2010.
Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, previously owned 50% of the English football club Liverpool F.C., and was chairman of Hicks Holdings LLC, which owns and operates Hicks Sports Group, the company that formerly owned the Texas Rangers of Major League Baseball, the Dallas Stars of the National Hockey League, and the Mesquite Championship Rodeo. In 2010, Hicks sold the Rangers and Liverpool to satisfy his creditors, and the Stars went into bankruptcy the following year.
Early life and career
The son of a Texas radio station owner, Hicks was born on February 7, 1946, in Port Arthur, Texas, and had graduated from Thomas Jefferson High School, in 1964. Hicks earned a bachelor's degree in finance from the University of Texas in 1968, and his Master of Business Administration from the University of Southern California in 1970. He was a member of the Sigma Phi Epsilon social fraternity.
Hicks became interested in leveraged buyouts as a member of First National Bank of Dallas's venture capital group. Hicks and Robert Haas formed Hicks & Haas in 1984.
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