Uncovering the Impressive Norman Hicks Net Worth: A Detailed Review
Do you know who Norman Hicks is? If you do, then you might be wondering how much he is worth. Norman Hicks is a well-known name in the business and finance world, and his net worth is the talk of the town. In this post, we’ll uncover the impressive Norman Hicks net worth and discuss his life, career, and success story.
Introduction
Norman Hicks is an American tech entrepreneur and investor. He is the founder and CEO of Hicks Ventures, which is a private equity and venture capital firm based in Houston, Texas. Hicks Ventures invests in tech and real estate projects, and it has a diversified portfolio of holdings. Norman Hicks is also the Chairman of CapRock Communications, which is a satellite communication company.
Early Life and Education
Norman Hicks was born and raised in Houston, Texas. He attended Texas A&M University and graduated with a degree in electrical engineering. After graduation, he worked for several years in the oil and gas industry before venturing into the tech sector.
Career
Norman Hicks’ career began when he founded CapRock Communications in 1981. The company provided satellite communication services to the oil and gas industry. CapRock Communications grew rapidly and became a leading provider of satellite communication services to various industries, including maritime, mining, and government agencies. In 2002, Hicks sold CapRock Communications to Washington D.C.-based GRCI.
After selling CapRock Communications, Norman Hicks founded Hicks Ventures, a private equity and venture capital firm. Hicks Ventures invests in tech and real estate projects, and it has a diversified portfolio of holdings. Hicks Ventures has invested in various startups, including AcreTrader, Billd, and Proximity Space.
Norman Hicks is also involved in various philanthropic activities. He is a board member of the Houston Area Women’s Center and Texas A&M Foundation.
Net Worth
Norman Hicks’ net worth is estimated to be around $880 million. He has amassed his wealth through his investments in Hicks Ventures and CapRock Communications. His wise investments have made him one of the richest men in Texas.
FAQs
Q1) What is Norman Hicks known for?
Norman Hicks is a well-known tech entrepreneur and investor. He is the founder and CEO of Hicks Ventures, a private equity and venture capital firm that invests in tech and real estate projects.
Q2) What is the net worth of Norman Hicks?
Norman Hicks’ net worth is estimated to be around $880 million. He has amassed his wealth through his investments in Hicks Ventures and CapRock Communications.
Q3) What is Hicks Ventures?
Hicks Ventures is a private equity and venture capital firm based in Houston, Texas. The company invests in tech and real estate projects and has a diversified portfolio of holdings.
Q4) What is CapRock Communications?
CapRock Communications was a satellite communication company founded by Norman Hicks in 1981. The company provided satellite communication services to the oil and gas industry until it was sold to GRCI in 2002.
Q5) What philanthropic activities is Norman Hicks involved in?
Norman Hicks is a board member of the Houston Area Women’s Center and Texas A&M Foundation. He is also involved in various other philanthropic activities.
Q6) What are some startups that Hicks Ventures has invested in?
Hicks Ventures has invested in various startups, including AcreTrader, Billd, and Proximity Space.
Q7) What did Norman Hicks major in at Texas A&M University?
Norman Hicks majored in electrical engineering at Texas A&M University.
Conclusion
Norman Hicks is a well-respected tech entrepreneur and investor. He has successfully founded and sold CapRock Communications and founded Hicks Ventures, which has a diversified portfolio of holdings. His net worth of $880 million is the proof of his success. Norman Hicks is not only a successful businessman, but he is also involved in various philanthropic activities. His story is an inspiration to aspiring entrepreneurs and investors.