Beneficient chairman Thomas Hicks passes at 79

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Statement from Beneficient Regarding the Passing of Thomas O. Hicks

December 10, 2025 5:15 PM EST

DALLAS, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (the Company) is deeply saddened to announce the passing of Thomas O. Hicks, Chairman of its Board of Directors (the Board), on Saturday, December 6, 2025, at the age of 79.

Mr. Hicks was a legendary figure in American business, a pioneer in private equity, and a dedicated leader who brought extraordinary vision, discipline, and experience to Beneficient.

A Private Equity Pioneer: Mr. Hicks co-founded Hicks & Haas in 1984 and Hicks, Muse, Tate & Furst in 1989, helping to... More