Thomas Dundon is known as a pioneer in the American business industry. Tom is also well-known for his financial services and entertainment. His interest in the investment money in the sports and entertainment sectors lead him to be one of the richest investors in America.
Many people know him as the chairman and the managing director of ‘Dundon Capital Partners’ located in Dallas, Texas, United States. As one of the richest investors in U.S., of course, a lot of people are wondering what Tom’s net worth is and how much he makes money through his business.
Thankfully, this post will show you about Tom Dundon including his net worth, his career, his life and more. Let’s see them below!
Tom Dundon’s Net Worth
According to wealthyperson.com, Tom Dundon has net worth estimated at $1.5 billion, as of July 2021. His majority wealth comes from his high-powered investment company. He has worked very hard for the position which he currently holds.
Tom has invested in numerous firms and also protected NHL’s Caroline Hurricanes from getting into a financial crisis. Thanks to his hard-work and his partnership with sport associations, Tom successfully gathers a fantastic net worth, bringing him heavy revenue.
Tom Dundon’s Investments
Tom has invested his money on sports where he became involved in purchasing the Carolina Hurricanes of the National Hockey League in late 2017 from owner Peter Karmanos Jr who had owned the team since it was the Hartford Whalers.
Tom became majority owner of the team on January 11, 2018 in a transaction where he bought around 52% of the team and the operating rights to PNC Arena for $420 million. He then completed the purchase of all minority shares in the team on June 30, 2021, leaving him as the sole owner of the Hurricanes franchise.
On February 19, 2019, Tom made investments around $250 million to the Alliance of American Football, making him to be the new chairman of the league. His investment is believed to have saved the league from a short-term financial crisis.
Tom Dundon’s Achievement
Tom is a billionaire who was a nominal candidate for the Best CEO of 2019, unfortunately he didn’t win it. Tom has made investments in numerous companies to protect them from getting into a financial crisis. Even though Tom has not won any awards, but he has helped a lot of companies which is itself an accomplishment for his good work.
Tom Dundon’s Professional Career
Tom is an excellent and hardworking businessman. Tom made investments more than half of his money with different sports associations. Tom also became an early investor in ‘Topgolf’. However, there was a widespread of the company once doing entertainment business in various locations in the US.
Topgolf then announced a with merger with Callaway, in the last year. It definitely followed a transaction of $2 billion. Likewise, he became the ‘director of Callaway’. He also owns his own company named Dundon Capital Partners. Additionally, Tom has also investments in real estate where the prioritized location are Aspen and Dellas.
Tom Dundon’s Life
Thomas G. Dundon or better professional as Tom Dundon is more popularly known as ‘Chairman of Alliance of American Football. He was born on September 5, 1971 and raised in Texas.
His early ages included involving in all kinds of sports. He was an active child where he was a punctual kid in school. When he was kid, he was interested in mathematics, economics, and numbers. Unfortunately, there’s non such information about his parents and his siblings is also unclear.
Here are the additional information about Tom Dundon:
- Rеаl Nаmе/Full Nаmе: Тhоmаѕ Dundоn
- Nісk Nаmе/Сеlеbrаtеd Nаmе: Тhоmаѕ Dundоn
- Віrth Рlасе: Nеw Yоrk, Nеw Yоrk, Unіtеd Ѕtаtеѕ
- Dаtе Оf Віrth/Віrthdау: 5 Ѕерtеmbеr 1971
- Аgе/Ноw Оld: 49 уеаrѕ оld
- Неіght/Ноw Таll: 184 сm
- Wеіght: 2 Кg (Іn Роundѕ – 180 lbѕ)
- Еуе Соlоr: Вluе
- Наіr Соlоr: Вrоwn
- Соllеgе: Ѕоuthеrn Меthоdіѕt Unіvеrѕіtу
- Rеlіgіоn: Сhrіѕtіаn
- Nаtіоnаlіtу: Аmеrісаn
- Zоdіас Ѕіgn: Vіrgо
- Gеndеr: Маlе
- Ѕехuаl Оrіеntаtіоn: Ѕtrаіght
- Маrіtаl Ѕtаtuѕ: Маrrіеd
- Wіfе/Ѕроuѕе Nаmе: Vеruѕсhkа Dundоn
- Кіdѕ/Сhіldrеn Nаmе: Five
- Рrоfеѕѕіоn: Вuѕіnеѕѕmаn
- Nеt Wоrth: $1.5 Віllіоn
Tom Dundon’s Stock History
Tom’s investment in real estate helps him earning millions of dollars. Then, some of his investments include ‘2100 Ross Avenue, 1100 Mckinney, Thanksgiving Tower and 208 South Akard Street’ located in Dallas. Tom also has a hand in Aspen Street Lodge and a selection of other properties.
Tom owns over 2,274,628 units of Santander Consumer USA Inc stock worth over $99,027,885 and over the last 7 years Thomas sold SC stock worth over $1,020,925,615.
According to the Form 4 filled with the SEC, Tom has made over 5 trades of the Santander Consumer USA Inc stock since 2014. Then, most recently, Tom sold around 34,598,506 units of SC stock worth $942,117,318 on 15 November 2017.
The largest trade that Tom has ever made was selling around 34,598,506 units of Santander Consumer USA Inc stock on 15 November 2017 worth over $942,117,318. On average, he trades about 5,018,369 units every 154 days since 2014. He also still owns at least 2,700,515 units of Santander Consumer USA Inc stock, as of 4 May 2015.
Tom is one of the active insiders traders where he and other insiders including Daniel Zilberman have traded over $7,042,802,689 worth of Santander Consumer USA Inc stock and purchased 31,534 units worth $535,561.
On average, Santander Consumer USA Inc executives and independent directors trade the stock every 31 days with the average trade being worth of of $133,256,555. Well, the most recent stock trade was executed by Mahesh Aditya on May 20, 2021 which trade 118 units of SC stock currently worth $4,360.
Here’s a list of Tom Dundon’s stock trades at Santander Consumer USA Inc:
|Date||Insider||Transaction||Shares||Price per share||Total value||Shares after|
|15 Nov 2017||Thomas G. Dundon||Sale||34,598,506||$27.23||$942,117,318||0|
|4 May 2015||Thomas G. Dundon||Option||2,274,628||$11.39||$25,908,013||2,700,515|
|30 Apr 2015||Thomas G. Dundon||Option||2,309,674||$9.21||$21,272,098||2,735,561|
|28 Apr 2015||Thomas G. Dundon||Option||2,562,018||$9.21||$23,596,186||2,324,060|
|28 Jan 2014||Thomas G. Dundon||Sale||3,420,499||$23.04||$78,808,297||34,981,386|