Thomas O. Hicks, Who Had Big Wins and Big Losses in Private Equity, Dies at 79

The Wall Street JournalTuesday, December 9, 2025 at 7:45:00 PM
Thomas O. Hicks, Who Had Big Wins and Big Losses in Private Equity, Dies at 79
  • Thomas O. Hicks, a prominent figure in private equity, has passed away at the age of 79. Hicks was known for his significant financial successes in the soft drinks and food sectors, although he experienced notable failures in sports and internet ventures.
  • Hicks's death marks the end of an era for a businessman whose career was characterized by both substantial gains and losses. His mixed legacy highlights the unpredictable nature of private equity investments and serves as a reminder of the risks involved in the industry.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Thomas O. Hicks, Texas Money Man Who Owned 3 Teams, Dies at 79
NegativeFinancial Markets
Thomas O. Hicks, a prominent figure in private equity and a former owner of multiple sports teams, has died at the age of 79. Known for his leveraged buyouts, Hicks acquired teams in baseball, hockey, and an English soccer club, but ultimately faced significant financial challenges that led to the loss of these assets.
Thomas O. Hicks, Who Had Big Wins and Big Losses in Private Equity, Dies at 79
NeutralFinancial Markets
Thomas O. Hicks, a notable figure in private equity, has died at the age of 79. He was recognized for his substantial financial achievements in the soft drinks and food industries, while also facing significant setbacks in sports and internet investments.

Ready to build your own newsroom?

Subscribe once and get a personalised feed, podcast, newsletter, and notifications tuned to the topics you actually care about.