Warren Stephens
$3.5B
Born
Feb 18, 1957
Age
68
Source of Wealth
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
- Warren Stephens is an investing billionaire.
- 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.
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