Tom Hicks, a name that’s become synonymous with entrepreneurship and success, didn’t start his career in the limelight. Born in Texas, Hicks began his professional journey in the late 1960s, working for an oil and gas company. His ambition, however, was far-reaching. He saw an opportunity in the sports industry and, with a loan from his father-in-law, purchased the Dallas Stars hockey team in 1996. This marked the beginning of his rise to fame.

Tom Hicks’s Net Worth in 2025

As of 2025, Tom Hicks’ net worth is estimated to be around $2 billion. This figure is based on the latest available information and takes into account his various business ventures and investments.

Tom Hicks’s Career

Tom Hicks, born in 1946, is a prominent American businessman and investor. He co-founded Hicks, Muse, & Tate & Furst, a private equity firm, in 1984. Under his leadership, the firm invested in various industries, including energy, telecommunications, and sports. Hicks is also known for his involvement in Major League Baseball, owning the Texas Rangers from 1998 to 2010.

Tom Hicks’s Other Ventures

In addition to his private equity firm, Hicks has been involved in various other ventures. He co-founded the National Basketball Association’s Dallas Mavericks in 1980 and served as its governor until 1996. Hicks also owned a stake in the English Premier League football club, Liverpool F.C., from 2007 to 2010. Furthermore, he has invested in real estate and oil and gas industries.

Tom Hicks’s Assets

Tom Hicks’ assets include a significant stake in the private equity firm, Hicks Equity Partners, which he founded in 2010. He also owns a majority stake in the Texas Rangers and has interests in various other businesses, including oil and gas, real estate, and sports teams. Hicks’ personal residence, a 14,000 square-foot mansion in Dallas, Texas, is valued at around $15 million.

Tom Hicks’s Annual Income

Tom Hicks’ annual income varies year by year, primarily due to the performance of his investments and the businesses he is involved in. As of the latest available information, his annual income is estimated to be around $50 million. This figure is a rough estimate and can change significantly based on market conditions and the performance of his investments.

Frequently Asked Questions about  Tom Hicks

What is Tom Hicks’ net worth?

Tom Hicks’ net worth is estimated to be around $1.5 billion.

How did Tom Hicks make his fortune?

Tom Hicks made his fortune through various business ventures, primarily in sports and entertainment. He is the former owner of the Texas Rangers baseball team and the Dallas Stars hockey team, among other sports franchises. He also has interests in real estate and private equity.

What is Tom Hicks’ age?

Tom Hicks was born on December 13, 1946, making him 75 years old as of 2022.

Where was Tom Hicks born and raised?

Tom Hicks was born in Dallas, Texas, and raised in the nearby city of Irving. He graduated from the University of Texas at Austin with a degree in business administration.

What is Tom Hicks’ height?

Tom Hicks is 6 feet 2 inches (1.88 meters) tall.

Is Tom Hicks married? Does he have any children?

Yes, Tom Hicks is married to Cinda Hicks. They have three children together.

What is Tom Hicks’ political affiliation?

Tom Hicks is a registered Republican.

What are some of Tom Hicks’ philanthropic efforts?

Tom Hicks and his wife Cinda have been involved in various philanthropic efforts, including supporting education, healthcare, and arts initiatives in the Dallas-Fort Worth area. They have also established the Hicks Foundation to support these causes.

What is Tom Hicks’ stance on the use of performance-enhancing drugs in sports?

Tom Hicks has been a vocal opponent of the use of performance-enhancing drugs in sports. He has advocated for stricter penalties and testing measures to combat the issue.

What are some of the challenges Tom Hicks has faced in his business career?

Tom Hicks has faced several challenges in his business career, including financial difficulties with some of his sports franchises and legal disputes with former business partners. In 2009, he lost control of the Texas Rangers due to financial struggles, and the team was eventually sold to a group led by current owner Ray Davis.