Sam Wyly
Sam Wyly | |
|---|---|
Sam Wyly in 2022 | |
| Born | Samuel Evans Wyly 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. 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.