Sam Wyly - IRS bills the Texan $3.2 Billion

Posted by SCPictures on May 4, 2015 9:36:00 AM
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This is one from the vaults, its actually old enough to have been shot on 4x5 film. Sam Wyly is legend in Texas and even more so since the IRS just hit Wyly and his deceased brother for a $ 3.2 billion dollar tax bill, that is not an error folks, that was billion. Their legacy started in the 60's with business wins then in the 80's they took Michael's stores which was a $ 10 million dollar company to a $1.2 billion dollar company. Big paydays indeed. Crazy numbers all around and all I can say is that he was nice to us on set and we all knew we were in the company of a smart guy. Good luck with the IRS Sam, anxious to hear the rest of the story.

Topics: News, Portraits

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