Gender: Male Race or Ethnicity: White Occupation: Business Party Affiliation: Republican
Nationality: United States Executive summary: Owner of the Texas Rangers
According to New York Times columnist Paul Krugman, "The vice chairman of Clear Channel is Tom Hicks, whose name may be familiar to readers of this column. When Mr. Bush was governor of Texas, Mr. Hicks was chairman of the University of Texas Investment Management Company, called Utimco, and Clear Channel's chairman, Lowry Mays, was on its board. Under Mr. Hicks, Utimco placed much of the university's endowment under the management of companies with strong Republican Party or Bush family ties. In 1998 Mr. Hicks purchased the Texas Rangers in a deal that made Mr. Bush a multimillionaire."[1]
[1] Paul Krugman, "Channels of Influence", The New York Times, 25 March 2003.
