Portrait of Warren Stephens

Rank #1287

Warren Stephens

Net worth $3.4B

Investment banking · United States

Born
Feb 18, 1957
Age
69
Source
Investment banking
Residence
Little Rock, Arkansas
Citizenship
United States
Marital status
Married
Children
3
Education
Master of Business Administration, Wake Forest University School of Business; Bachelor of Arts/Science, Washington & Lee University

Net worth over time

Biography

  • Warren Stephens is an investing billionaire and the current United State ambassador to the United Kingdom.
  • His uncle Witt founded Little Rock-based investment bank Stephens Inc. in 1933; his father Jackson joined in 1946.
  • The outfit underwrote Walmart's public offering in 1970.
  • The two brothers plowed their earnings into private equity, hewing to the investment criteria, "whim and caprice."
  • Stephens grew up in the business, became CEO in 1986 and bought out his cousins in 2006.
  • Stephens sold a group of newspaper holdings, including the Las Vegas Review Journal, for $400 million in 2015.
  • A golf nut, Stephens built the Alotian Club outside Little Rock; it's ranked one of the nation's best.

Financial assets

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