Tom Hicks | |
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Co-owner and Chairman of Liverpool F.C. | |
In office 6 February 2007 – 15 October 2010 Serving with George Gillett |
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Preceded by | Moores family |
Succeeded by | John W. Henry |
Personal details | |
Born |
Thomas Ollis Hicks, Sr. February 7, 1946 Houston, Texas, US |
Nationality | American |
Alma mater |
University of Texas University of Southern California |
Thomas Ollis "Tom" Hicks, Sr. (born February 7, 1946), is an American Private Equity investor and sports team owner living in Dallas, Texas. Forbes magazine estimated Hicks' wealth at $1 billion in 2009. Hicks co-founded the investment firm, Hicks, Muse, Tate & Furst, previously owned 50% of the English football club Liverpool F.C., and is chairman of Hicks Holdings LLC, which owns and operates Hicks Sports Group, the company that formerly owned the Texas Rangers, the Dallas Stars, and the Mesquite Championship Rodeo.
The son of a Texas radio station owner, Hicks was born in Houston, Texas, and graduated from Thomas Jefferson High School, in Port Arthur, Texas, in 1964. received his Bachelor's degree in Finance from the University of Texas in 1968, and received his MBA from the University of Southern California in 1970. He is a member of the Sigma Phi Epsilon social fraternity.
Hicks became interested in leveraged buyouts as a member of First National Bank of Austin's venture capital group. Hicks and Robert Haas formed Hicks & Haas in 1984. The next year that firm bought Hicks Communications, a radio outfit run by Hicks' brother Steven – the first of several media companies bought or created by the buyout firm that involved Steven (Capstar, Chancellor, and AMFM).