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Sam Wyly | |
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Born | Samuel Evans Wyly[1] October 4, 1934 |
Alma mater | Louisiana Tech University University of Michigan, MBA |
Occupation(s) | Businessman, philanthropist, author |
Political party | Republican |
Spouses | Rosemary Wyly (m. 1960–1976)Victoria Steele Wyly
(m. 1978, divorced)Cheryl Wyly
(m. 1994, divorced) |
Children | 6 |
Parent(s) | Charles Sr. and Flora Wyly |
Relatives | Charles Wyly (brother) Kimbal Musk (son-in-law) |
Samuel Evans Wyly (born October 4, 1934) is an American businessman. He first appeared on Forbes's list of richest Americans in 2000 with a net worth of $750 million, and he remained on that list throughout 2010 with a net worth of $1 billion. His initial wealth was acquired following the public offering of University Computing Company.
Wyly's recent wealth stems from ownership stakes from Sterling Software and Michael's, an American art supply store.[2] In 2010 following a series of investigations, Wyly was charged with federal tax fraud by the SEC and IRS. Following his settlement with federal authorities, he declared bankruptcy in 2014.
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