Portrait of Edward Stack & family

Rank #706

Edward Stack & family

Net worth $5.9B

Dick's Sporting Goods · United States

Born
Dec 27, 1954
Age
71
Source
Dick's Sporting Goods
Residence
Sewickley, Pennsylvania
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, St. John Fisher College

Net worth over time

Biography

  • Ed Stack is the executive chairman and largest individual shareholder of Dick's Sporting Goods.
  • His father, Dick Stack, founded the retailer in 1948 with a $300 loan from his grandmother.
  • Ed and his siblings bought the company from their father in 1984, when it only had two stores in upstate New York.
  • When his father retired that same year, Ed took over as CEO, taking Dick's public in 2002 and stepping down as CEO in 2021.
  • Dick's Sporting Goods now generates more than $13 billion in annual sales across more than 850 stores.
  • In 2019, Stack announced that Dick's Sporting Goods had eliminated the hunting category, including firearms, from 125 stores.

Financial assets

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