Peter Holt Net Worth is
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Date of Birth: 1948-07-26
Country: Peoria
Peter Holt net worth: Peter Holt is an American businessman who has a net worth of $200 million dollars. Peter Holt was born in Peoria, Illinois, and grew up in Corpus Christi, Texas. He went on to join the U.S. Army, and served for two years, part of that time in Vietnam. During his one year tour of Vietnam, Peter Holt was awarded a Silver Star, a Purple Heart and three Bronze Medals for Valor. He became involved in investment banking after his time in the Army, and then went on to restaurant and bar ownership. His family owned a Caterpillar dealership in Corpus Christi, and he subsequently took it over, and grew it into the largest Caterpillar dealership in the country. His grandfather, Benjamin Holt, developed the first track-type tractor, and Peter Holt went on to repurchase the family business, Holt Machinery, Inc. Peter Holt purchased the San Antonio Spurs in 1993 for $76 million and helped grow the team's popularity within the community, drumming up support and financial backing for a new arena and training facility. Under Holt's ownership, the Spurs have won NBA championships in 1999, 2003, 2005, 2007. Today the Spurs are worth more than $500 million. Holt has also purchased the Austin Toros, the San Antonio Rampage, and the San Antonio Silver Stars.
Peter M. Holt (born July 26, 1948 in Peoria, Illinois) is a businessman. He is the CEO of Holt Cat, the largest Caterpillar dealership in the United States and chairman, CEO, and owner of Spurs Sports & Entertainment, which owns the 4-time NBA champion San Antonio Spurs, the WNBA's San Antonio Silver Stars, the AHL's San Antonio Rampage, and the NBA Development League's Austin Toros.
Peter Holt is the great-grandson of Benjamin Holt, who developed the first practical track-type tractor 100 years ago. The Holt familya??s history in San Antonio, Texas began in 1933, when Petera??s great uncle, William K. "Bill" Holt, moved to San Antonio to start a Caterpillar dealership. He had no heirs, so Bill invited B.D. Holt (Petera??s father) to get involved in the business. In 1961, B.D. Holt moved to Corpus Christi, Texas and started his own Caterpillar dealership.
Peter Holt, a Peoria, Illinois native, lived in San Antonio as a child before moving to Corpus Christi. After high school in Corpus Christi, Peter Holt went into the United States Army, serving two years, including a one-year tour of duty as an infantryman in Vietnam. He ended his military duty as a Sergeant (E5) with a Silver Star and three Bronze Star Medals for Valor and a Purple Heart for wounds received.
Upon returning to the United States, Holt went to California, working for an investment banking house and became involved in a bar and restaurant business. Holt rejoined his father in the Holt Companies in 1983 in Corpus Christi. As president and CEO, Holt implemented a strategy to diversify the companya??s markets, taking it from one of the smallest Caterpillar dealerships to the largest one in the country today. In September 1987, Peter and his father purchased Holt Machinery Co., in San Antonio, reuniting the original Caterpillar dealership that Bill Holt started in 1933. Holt would later expand the company's Texas presence by purchasing Darr Equipment Company of Dallas, the Caterpillar dealer for

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Peter Holt Latest News

Public examination of 'fraudster' Peter Holt cannot come quick enough for victims

Later this month a banned financial planner described by Senator Sam Dastyari in parliament as a "crook, a criminal and a fraudster" will face a public examination into his bankrupt estate. The public examination, bankrolled by the liquidator of collapsed ...
Posted: July 12, 2015, 10:33 pm

Peter Holt Retires as Head of Spurs' Ownership Group: Latest Details, Reaction

Peter Holt, the head of the San Antonio Spurs' ownership group, retired on Wednesday after approximately two decades at the helm of one of pro sports' most consistently winning franchises. Bleacher Report's Sean Highkin passed along the news and featured ...
Posted: March 9, 2016, 5:03 pm

Adani HQ: Industry calls for end to political infighting

Urban Development Institute of Australia Mackay/Whitsunday branch president Mark McGrath. Peter Holt Urban Development Institute of Australia Mackay/Whitsunday branch president Mark McGrath said Mackay's infrastructure proved it was ready to support Adani ...
Posted: October 18, 2016, 12:14 am
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