How rich is Warren Stephens?
Warren Stephens Net Worth:
|Birth date:||February 18, 1957|
|Education:||Wake Forest University|
|Parents:||Jackson T. Stephens|
Warren Stephens wiki & biography:
Warren Stephens is an investment banker with an estimated net worth of $2.7 billion as of March 2013. Based on Forbes.com, he is #527 in the World Billionaires List (#442 in 2012), #181 in the USA, and #151 in the Forbes 400 List. Produced Warren Amerine Stephens, he graduated from Washington and Lee University. He then earned his MBA from Wake Forest University.
Stephens joined Stephens Inc., an investment bank in Little Rock, Arkansas, in 1981. It is a family business founded by his uncle W.R. Witt in 1933. The earnings were made into private equity plus they underwrote WalMart’s private offering in 1970. When his dad stepped down as CEO in 1986, he became the president. He acquired 100% of the outstanding shares of Stephens Inc. in 2006. The organization ‘s asset management and insurance arms have expanded and were added to the private equity stakes for example Stephens Media, which owns 30 papers including the Las Vegas Review-Journal. Together with his leadership, the firm’s actions have also grown in every important division that contained wealth management, investment banking, capital management, private equity, institutional sales and trading, research, and insurance.
Warren Stephens also owns significant stakes in Oklahoma Gas & Electric, Donrey MediaGroup, Alltel, and Bank of America. He also serves as a board member at Dillard’s as well as a trustee at his alma mater, Washington and Lee University. He’s a Republican and has supported Bob Dole in 1996, Steve Forbes in 1999, and Mike Huckabee. He has been really critical of presidents Bill Clinton and Barack Obama.
Warren Amerine Stephens has been chairman, president, and chief executive officer of Stephens Inc. since 1986.
Stephens graduated from Washington and Lee University and received a master of business administration from Wake Forest University.
In 1986, he became its president, after his dad, Jackson T. Stephens, determined to step down as CEO. In 2006, he acquired 100 percent of the outstanding shares. He also owns major stakes in Oklahoma Gas & Electric, Donrey Media Group, Alltel, and Bank of America. He is also a board member of Dillard’s. He sits on the board of trustees of his alma mater, Washington and Lee University.
A Republican, he supported Bob Dole in 1996, Steve Forbes in 1999, and he has supported Mike Huckabee. Stephens was a bundler for Mitt Romney in the year 2012. He has been critical of presidents Bill Clinton and Barack Obama.
An enthusiastic golfer, he’s an associate of the Country Club of Little Rock and also the prestigious Augusta National Golf Club. He also assembled the exclusive Alotian Club outside Little Rock.
A wine aficionado, he sold 5,000 bottles in Sotheby’s auction in 2007. His favored wine is 1959 Chteau Latour.
As of September 2011, he is the 459th wealthiest man on the planet, along with the 130th wealthiest in America. He is worth U.S.$ 2.8 billion. He’s married to Harriet, plus they’ve three kids. They live in Pulaski Heights, Little Rock, Arkansas. Stephens is the smaller brother of Jackson Stephens, Jr..