Peter John Holt knows how to pronounce two sentences in French. “My name is Paul” and “I like pancakes”, this lover of France tries his hand at using the language of Molière. The man is a billionaire, heir to a family which is the largest dealer in the world for the Caterpillar construction vehicle brand. One of his distant ancestors invented the tractor. After his father Peter H. Holt, who took over management in 1996, the 37-year-old businessman is the owner of the “Spurs Sports & Entertainment” holding company.
It owns the San Antonio Spurs NBA franchise, the Austin Spurs G-League team, the San Antonio Stars (WNBA), the Rampage (hockey) and the San Antonio FC soccer team. The value of the San Antonio Spurs alone is estimated at 2 billion euros. He is the one who holds the reins and the purse strings.