Peter M. Holt was born on the 26th July 1948 in Peoria, Illinois USA. He is a businessman, well known as the CEO of HolCat. Moreover, he owns sports & entertainment organization company Spurs Sports & Entertainment L.L.C., which owns the San Antonio Spurs team in the NBA, the team of San Antonio Stars in the WNBA, the team of Austin Spurs in the NBA Development League, and San Antonio Rampage in the AHL. In 2004, Holt was inducted into the Texas Business Hall of Fame.
How much is the net worth of Peter Holt? It has been estimated by authoritative sources that the overall size of the businessman’s wealth is as much as $200, as of the data presented in the middle of 2016. Business is the main source of his wealth.
To begin with, Holt grew up in Peoria and Corpus Christi. In the latter, he matriculated from high school, then he served in the USA army, spending a year in Vietnam – Sergeant Peter Holt was awarded a Purple Heart, Silver Star and three Bronze Star Medals for his service.
After returning to the USA, Peter settled down in California, where he became involved in the bar and restaurant business as well as in investment banking. In 1983, he joined his father’s business, Holt Companies, and is known for expanding the business, purchasing other companies as well as implementing the strategy to diversify the company into other markets. As a businessman and the CEO of HoltCat, he was rewarded with the CAT Circle of Excellence Award. and has been inducted into the Texas Business Hall of Fame. In 2014, he became the winner of USAA/NaVOBA Vetrepreneur of The Year Award.
Moreover, Holt is known for his philosophy based on values management – he believes that the company should follow proper business ethics, and help the community to gain benefits. As a result, he supports various projects to maintain mutual understanding between the company and community. This philosophy led to financing various sports teams based in San Antonio. Consequently, Peter Holt became the owner of San Antonio teams that play in the NBA, the WNBA, the NBA Development League and the AHL. As the owner of San Antonio Spurs team, Holt became the NBA Champion five times in 1999, 2003, 2005, 2007 and 2014. More, he became NBADL Champion twice, in 2012 and 2015.
Furthermore, Peter Holt serves as a Chairman of a non-profit organization United Way of San Antonio and Bexar County as well as the Chairman of the private school St. Mary’s Hall based in San Antonio. Holt is a trustee of the Palmer Drug Abuse Program. Peter is one of the board members of the World Presidents’ Organization, Free Trade Alliance – San Antonio as well as Economic Development Foundation and Chase Bank-San Antonio.
Finally, in the personal life of the businessman, he is married to Julianna Hawn Holt, and the family resides in San Antonio, Texas. He is a supporter of the Republican Party, and a frequent contributor to their campaigns.
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