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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.
Nov 19, 2019 · In 2016, a federal bankruptcy judge ordered Sam to cough up $1.1 billion to the IRS. Then, in 2019, Wyly reached a settlement with the IRS to pay just $300 million. “I did nothing wrong”
- Lauren Debter
Jul 18, 2023 · 2:38. It took 30 years, but Lee Ainslie is now the sole owner of Maverick Capital, the hedge fund firm he started along with the family of Texas businessman Sam Wyly. Wyly’s son, Evan,...
- Miles Weiss
Apr 27, 2014 · “This is a case about lies, deception and fraud,” SEC lawyer Bridget Fitzpatrick told a Manhattan jury in opening statements at the trial for Samuel Wyly, 79, and the estate of his brother, who died in a 2011 car accident in Aspen, Colorado, at 77.
Sep 25, 2014 · Charles Wyly was 77 when he died in a 2011 car accident in Aspen, Colo. Defense attorney Stephen D. Susman has said Charles Wyly's estate has about $30 million in the United States while Sam Wyly has about $70 million plus a $12 million annuity. He said more than $380 million remained offshore.
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Oct 3, 2016 · Former billionaire entrepreneur Samuel Wyly and his family have reached a $198 million settlement with the U.S. Securities and Exchange Commission to resolve a fraud lawsuit the agency won against him and his late brother in 2014 (SEC v. Wyly).
Jan 6, 2016 · DALLAS (Reuters) - Texas tycoon Sam Wyly engaged in "lies, deception and fraud" in a years-long scheme to dodge taxes on $1.1 billion held in offshore trusts, a lawyer for the Internal Revenue...
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