Warren Stephens
Encyclopedia
Warren Amerine Stephens has been Chairman, President and Chief Executive Officer of Stephens Inc.
Stephens Inc.
Stephens Inc. is a full service, privately owned investment bank based in Little Rock, Arkansas.-History:Stephens Inc. was founded in 1933 by W.R. Witt Stephens. His brother, Jackson T. Stephens joined the firm in 1946 and served as Chairman of the Board and CEO of Stephens Inc. from 1956 to 1986....

 since 1986.

Biography

Warren Stephens graduated from Washington and Lee University
Washington and Lee University
Washington and Lee University is a private liberal arts college in Lexington, Virginia, United States.The classical school from which Washington and Lee descended was established in 1749 as Augusta Academy, about north of its present location. In 1776 it was renamed Liberty Hall in a burst of...

 and received a Master of Business Administration from Wake Forest University
Wake Forest University
Wake Forest University is a private, coeducational university in the U.S. state of North Carolina, founded in 1834. The university received its name from its original location in Wake Forest, north of Raleigh, North Carolina, the state capital. The Reynolda Campus, the university's main campus, is...

.

In 1981, he joined Stephens, Inc, a family business founded by his uncle in 1933. In 1986, he became its President, after his father, Jackson T. Stephens
Jackson T. Stephens
Jackson Thomas Stephens was the founder of Little Rock, Arkansas-based Stephens Group, a diversified family of investment and media companies.- Background :...

, decided to step down as CEO. In 2006, he acquired 100 percent of the outstanding shares. He also own major stakes in Oklahoma Gas & Electric
Oklahoma Gas & Electric
Oklahoma Gas & Electric is a regulated electric utility company that serves over 750,000 customers in Oklahoma and western Arkansas. On December 9, 2007 OG&E experienced the worst power outage in Oklahoma history with over 250 thousand customers without power and over 630 thousand state wide...

, Donrey Media Group, Alltel
Alltel
Alltel Corporation is a wireless service provider, primarily based in the United States. Before an acquisition by Verizon Wireless, it served 34 states. After the merger, Alltel continues to serve six states, mostly in rural areas...

, and Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...

. He is also a Board member of Dillard's
Dillard's
Dillard's, Inc. is a department store chain in the United States, with 330 stores in 29 states. Headquartered in Little Rock, Arkansas, Dillard's locations are concentrated in Texas and Florida; with a major presence in other states including Arizona, Iowa, Colorado, Wyoming, Kansas, Missouri,...

. He sits on the Board of Trustees of his alma mater, Washington and Lee University.

A Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

, he supported Bob Dole
Bob Dole
Robert Joseph "Bob" Dole is an American attorney and politician. Dole represented Kansas in the United States Senate from 1969 to 1996, was Gerald Ford's Vice Presidential running mate in the 1976 presidential election, and was Senate Majority Leader from 1985 to 1987 and in 1995 and 1996...

 in 1996, Steve Forbes
Steve Forbes
Malcolm Stevenson "Steve" Forbes, Jr. is an American editor, publisher, and businessman. He is the editor-in-chief of business magazine Forbes as well as president and chief executive officer of its publisher, Forbes Inc. He was a Republican candidate in the U.S. Presidential primaries in 1996...

 in 1999, and he has supported Mike Huckabee
Mike Huckabee
Michael "Mike" Dale Huckabee is an American politician who served as the 44th Governor of Arkansas from 1996 to 2007. He was a candidate in the 2008 United States Republican presidential primaries, finishing second in delegate count and third in both popular vote and number of states won . He won...

. He has been critical of Presidents Bill Clinton
Bill Clinton
William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...

 and Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

.

An avid golfer
Golf
Golf is a precision club and ball sport, in which competing players use many types of clubs to hit balls into a series of holes on a golf course using the fewest number of strokes....

, he is a member of the Country Club of Little Rock and the prestigious Augusta National Golf Club
Augusta National Golf Club
Augusta National Golf Club, located in Augusta, Georgia, is a famous men's golf club. Founded by Bobby Jones and Clifford Roberts and designed by Alister MacKenzie on the site of a former indigo plantation, the club opened for play in January 1933. Since 1934, it has played host to the annual...

. He also built the exclusive Alotian Club outside Little Rock. A wine
Wine
Wine is an alcoholic beverage, made of fermented fruit juice, usually from grapes. The natural chemical balance of grapes lets them ferment without the addition of sugars, acids, enzymes, or other nutrients. Grape wine is produced by fermenting crushed grapes using various types of yeast. Yeast...

 aficionado, he sold 5,000 bottles in Sotheby's
Sotheby's
Sotheby's is the world's fourth oldest auction house in continuous operation.-History:The oldest auction house in operation is the Stockholms Auktionsverk founded in 1674, the second oldest is Göteborgs Auktionsverk founded in 1681 and third oldest being founded in 1731, all Swedish...

 auction in 2007. His favorite wine is 1959 Château Latour
Château Latour
Château Latour is a French wine estate, rated as a First Growth under the 1855 Bordeaux Classification. Latour lies at the very southeastern tip of the commune of Pauillac in the Médoc region to the north-west of Bordeaux, at its border with Saint-Julien, and only a few hundred metres from the...

.

As of September 2011, he is the 459th richest person in the world, and the 130th richest in the United States. He is worth U$ 2.8 billion. He is married to Harriet, and they have three children. They live in Pulaski Heights, Little Rock, Arkansas
Little Rock, Arkansas
Little Rock is the capital and the largest city of the U.S. state of Arkansas. The Metropolitan Statistical Area had a population of 699,757 people in the 2010 census...

.
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