William O. DeWitt, Jr. (born August 31, 1941), an American businessman and noted George W. Bush campaign contributor, is currently the managing partner and chairman of the St. Louis Cardinals.
Early life
DeWitt, the son of longtime Major League Baseball executive Bill DeWitt, was born in St. Louis, Missouri. He earned a bachelor's degree from Yale University and a M.B.A. from Harvard University.
Early business ventures
Dewitt joined Cincinnati investment firm Gradison & Co. in 1974. In 1979, along with Mercer Reynolds, he founded the investment firm Reynolds, DeWitt & Co.. The firm owns Arby's franchises and is an investor in Cincinnati, Ohio based U.S. Playing Card Company.
In 1984, one of DeWitt's business ventures, the oil company Spectrum 7, bought George W. Bush's Arbusto Energy, and in turn merged with Harken Energy in 1986. DeWitt also informed Bush that Eddie Chiles wanted to sell the Texas Rangers baseball franchise.
St. Louis Cardinals
In 1995, DeWitt led a group of investors which bought the St. Louis Cardinals from the Busch family for $150,000,000. The franchise has since tripled in value.
Personal
DeWitt and his wife, Kathy, live in St. Louis, Missouri and have four children and nanny, Sarah Tucker.
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St. Louis Cardinals |
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