Who is Stephen Pagliuca?
Stephen Pagliuca is like the real-life Bruce Wayne, but instead of Gotham, he’s saving the world of private equity and basketball. Born in Bernards Township, New Jersey, in 1955, Stephen had early dreams of being a basketball star. He attended Duke University, where he played freshman basketball, probably imagining himself hitting buzzer-beaters. However, instead of donning a cape, he pursued an MBA from Harvard Business School. Post-MBA, he started his career as an international tax specialist at Peat Marwick Mitchell & Company in the Netherlands. No, he wasn’t hunting down tax evaders in a Bond-like manner, but it’s close enough.
In 1982, he joined Bain & Company, where he managed client relationships in information services and healthcare industries. This laid the groundwork for his future endeavors, which would include founding the Information Partners Venture Capital Fund before joining Bain Capital in 1989. His resume reads like a blockbuster movie script, and if Hollywood ever gets bored, “The Adventures of Steve Pagliuca: From Basketball Courts to Boardrooms” could be a box office hit.
Stephen Pagliuca Career
Stephen Pagliuca’s career is the kind that makes your LinkedIn profile feel inadequate. After joining Bain & Company, Pagliuca managed to not only survive but thrive in the fast-paced world of private equity. By 1989, he was a partner at Bain Capital, where he invested in numerous media, technology, financial services, and healthcare companies. He has also sat on the Board of Directors of Burger King, though it’s unclear if he got any free Whoppers out of the deal.
In 2003, Pagliuca and a group of investors bought the Boston Celtics for $360 million. It’s safe to say that Stephen doesn’t just play the game of Monopoly; he wins it. His investments don’t stop at the Atlantic; he also owns a 55 percent stake in the Italian soccer club Atalanta. If Chelsea fans are reading this, you might remember him as the guy who almost bought your club. In 2009, he ran for the Massachusetts US Senate seat left vacant by Ted Kennedy’s death but came in last place in the Democratic Party primary. Let’s just say his political career didn’t go as smoothly as his business ventures.
Stephen Pagliuca’s Net Worth
Now, the question everyone is curious about: how much is this super-businessman worth? As of July 1, 2024, Stephen G. Pagliuca’s estimated net worth is at least $4.8 billion. That’s right, billion with a ‘B’. He’s the Director of HCA Healthcare Inc and owns about 15,225,842 shares of HCA Healthcare Inc stock worth over $4.8 billion. If that’s not enough to make you spit out your coffee, he’s also the Director of Gartner Inc and owns about 35,791 shares worth over $16 million.
But wait, there’s more! As of June 1, 2024, he owns over 67,416 units of Gartner stock. Over the last 21 years, he has sold Gartner stock worth over $3.85 billion. With trades like these, it’s no wonder he makes $300,129 as an Independent Director at Gartner. It’s also worth noting that his largest trade involved selling 23,576,519 units of Gartner stock on February 15, 2013, worth over $845 million. If you’re wondering how many Ferraris that could buy, the answer is a lot.
Stephen Pagliuca Age
Stephen Pagliuca is 68 years young. Born in 1955, he’s managed to maintain a level of energy and productivity that would put most of us to shame. While many of us are content with binge-watching Netflix and the occasional jog, Pagliuca continues to juggle billion-dollar investments and multiple board memberships. Maybe it’s something in the water in Bernards Township, or maybe it’s just the power of a Harvard MBA.
Stephen Pagliuca Family: Wife and Children
Behind every great man is a great woman, or so the saying goes. Stephen Pagliuca is married to Judy Pagliuca, a biotech investor. The couple is like the power duo of the business world, kind of like Beyoncé and Jay-Z but with fewer chart-topping singles and more stock options. They have four children together, though details about them are kept relatively private. Given the family’s net worth, it’s safe to say these kids won’t be having typical summer jobs.
The Pagliuca family resides in a sprawling estate in Weston, near Boston. They purchased the estate in 1995 for $875,000 and later tore down the initial structure to build a 15,300-square-foot mansion. This home includes two basketball courts, tennis courts, indoor and outdoor pools, a spa, a gym, a movie theater, a game room with a bar, and a wine cellar. If that doesn’t scream “we’ve made it,” I don’t know what does.
Stephen Pagliuca Height and Weight
While his exact height and weight are not public knowledge, it’s safe to say Stephen Pagliuca stands tall in the world of business and sports. Given his past as a basketball player at Duke University, he’s likely to have the height advantage that comes with the sport. However, his true stature is best measured by his achievements and net worth, both of which are towering.
Also Read: Diana Taurasi Net Worth 2024: How Much is the American Basketball Player Worth?
