Last updated: 23 July 2020 at 4:53pm EST

Thomas Hicks Net Worth




The estimated Net Worth of Thomas O Hicks is at least $30.6 Million dollars as of 18 June 2020. Mr. Hicks owns over 8,169 units of GWG Inc stock worth over $23,608 and over the last 13 years he sold GWGH stock worth over $30,431,373. In addition, he makes $146,132 as Director at GWG Inc.

Mr. Hicks GWGH stock SEC Form 4 insiders trading

Thomas has made over 8 trades of the GWG Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 8,169 units of GWGH stock worth $23,608 on 18 June 2020.

The largest trade he's ever made was selling 154,041 units of GWG Inc stock on 7 March 2013 worth over $7,252,250. On average, Thomas trades about 24,453 units every 121 days since 2012. As of 18 June 2020 he still owns at least 8,169 units of GWG Inc stock.

You can see the complete history of Mr. Hicks stock trades at the bottom of the page.





Thomas Hicks biography

Thomas O. Hicks serves as Director of the Company. Mr. Hicks is a pioneer in the private equity industry in the United States. From 1984 to 1988 he was Co-Founder and Co-Chairman of Hicks & Haas which compiled a highly successful track record of acquisitions, including Dr Pepper, Seven Up, A&W Root Beer, Sybron, and Thermadyne. He later founded numerous private equity funds for his firm, Hicks, Muse, Tate and Furst, which raised over $12 billion in funds. His funds have invested billions of dollars of equity in businesses in the United States, Europe, and Latin America. Mr. Hicks retired from Hicks Muse in 2004, and now manages his own family office private equity firm, Hicks Holdings, LLC. Mr. Hicks was a Director of Carpenter Technology Corporation until September 2014. Mr. Hicks has a B.B.A. from the University of Texas – Austin and an MBA from the University of Southern California. Mr. Hicks is also the manager and indirect, majority owner of HSG Sports Group Holdings LLC, which, through subsidiaries, including HSG Sports Group LLC and others, formerly owned interests in professional sports franchises, including the Texas Rangers major league professional baseball club and Dallas Stars professional ice hockey team. On May 24, 2010, the Texas Rangers filed a voluntary petition for Chapter 11 bankruptcy protection. On September 15, 2011, the Dallas Stars filed a voluntary petition for Chapter 11 bankruptcy protection. Additional proceedings were filed by or against other entities related to the Texas Rangers and the Dallas Stars, and Mr. Hicks in his individual capacity, in connection with the foregoing. Both the Texas Rangers and the Dallas Stars were sold to new owners in connection with their respective Chapter 11 bankruptcy cases.

What is the salary of Thomas Hicks?

As the Director of GWG Inc, the total compensation of Thomas Hicks at GWG Inc is $146,132. There are 7 executives at GWG Inc getting paid more, with Timothy L. Evans J.D. having the highest compensation of $4,327,411.



How old is Thomas Hicks?

Thomas Hicks is 74, he's been the Director of GWG Inc since 2019. There are 2 older and 10 younger executives at GWG Inc. The oldest executive at GWG Holdings Inc is David De Weese, 77, who is the Director.

What's Thomas Hicks's mailing address?

Thomas's mailing address filed with the SEC is 325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS, TX, 75201.

Insiders trading at GWG Inc

Over the last 10 years, insiders at GWG Inc have traded over $0 worth of GWG Inc stock and bought 200,000 units worth $2,500,000 . The most active insiders traders include Thomas O Hicks, Dennis P Lockhart, and Shawn R Gensch. On average, GWG Inc executives and independent directors trade stock every 150 days with the average trade being worth of $127,781. The most recent stock trade was executed by Bruce William Schnitzer on 18 June 2020, trading 8,169 units of GWGH stock currently worth $23,608.



What does GWG Inc do?

GWG Holdings, Inc. is an innovative financial services firm based in Dallas, Texas that is a leader in providing investments that are non-correlated to the traded markets, and unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P.and GWG Life, LLC,GWGH owns and manages a diverse portfolio of alternative assets that, as of September 30, 2020, included $1.9 billion in life insurance policy benefits, and exposure to a diversified and growing loan portfolio secured by 122 professionally managed alternative investment funds.



What does GWG Inc's logo look like?

GWG Holdings Inc logo

Complete history of Mr. Hicks stock trades at GWG Inc and Carpenter Technology

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
18 Jun 2020 Thomas O Hicks
Director
Option 8,169 $8.60 $70,253
18 Jun 2020
8,169
23 May 2014 Thomas O Hicks
Director
Sale 142,184 $63.51 $9,030,106
23 May 2014
19,383
2 Dec 2013 Thomas O Hicks
Director
Sale 15,627 $60.59 $946,840
2 Dec 2013
49,513
29 Nov 2013 Thomas O Hicks
Director
Sale 106,673 $60.54 $6,457,983
29 Nov 2013
51,130
27 Nov 2013 Thomas O Hicks
Director
Sale 4,483 $60.53 $271,356
27 Nov 2013
74,598
26 Nov 2013 Thomas O Hicks
Director
Sale 105,183 $60.61 $6,375,142
26 Nov 2013
75,592
22 Nov 2013 Thomas O Hicks
Director
Sale 1,600 $61.06 $97,696
22 Nov 2013
98,735
7 Mar 2013 Thomas O Hicks
Director
Sale 154,041 $47.08 $7,252,250
7 Mar 2013
0


GWG Inc executives and stock owners

GWG Inc executives and other stock owners filed with the SEC include: