Net Worth: $1 Billion
- Source of Wealth Hicks Holding LLC
- Birth Place Dallas, Texas, USA
- Marital Status Married
- Full Name Thomas Ollis "Tom" Hicks, Sr.
- Nationality United States
- Date of Birth February 7, 1946
- Ethnicity Caucasian
- Occupation Businessman
- Education University of Texas, University of Southern California
About Tom Hicks
American businessman Tom Hicks has an estimated net worth of $1 billion has an estimated net worth of $1 billion in 2012. He is known to be one of the founders of the Hicks, Muse, Tate & Furst investment firm. In the past, he owned 50% of Liverpool F.C., an English football club. Currently, he chairs Hicks Holdings LLC which operates and owns Hicks Sports Group. Hick Sports Group previously owned the Dallas Stars, Mesquite Championship Rodeo and the Texas Rangers.
Thomas Ollis Hicks, Sr. was born on February 7, 1946 in Dallas, Texas. He acquired most of his wealth from leveraged buyouts. He is an alumnus of the University of Texas where he completed his bachelor’s degree in finance in 1968. Eventually, he attended the University of Southern California to complete his MBA.
Together with Robert Haas, Tom Hicks co-created the Hicks & Haas in 1984 which later purchased the Hicks Communications. In mid-1980’s, Hicks & Haas purchased 7Up and Dr Pepper softdrink makers. Through time, the due has turned Hicks & Haas from an $88 million into $1.3 billion company. Later on, he founded the Hicks Holdings which served as the vehicle for his real estate and sports empire.