Early Life
Denise Prenosil's early life is largely private, but it's known that she married Ed Stack in 1984, the same year he and his siblings acquired Dick's Sporting Goods from their father. Prenosil worked in a drugstore. Prenosil saw herself rising through the ranks into high-level retail and living in a penthouse apartment.
Rise to Success
Prenosil's wealth is primarily derived from the stake she received in Dick's Sporting Goods after her divorce from Ed Stack in 2006. This stake represents a significant portion of her current net worth, estimated at $1.1 billion in 2024. The company has grown to be the largest sporting goods retailer in the United States.
Key Business Strategies
Prenosil's success is largely attributed to holding onto her shares. She received a nearly 5% stake in Dick's. Prenosil exercised her stock options and sold the resulting shares between 2010 and 2017, pocketing nearly $100 million (after tax).
Philanthropy
Information on Denise Prenosil's specific philanthropic activities and the amounts donated is not readily available in the provided search results. However, it's known that other billionaires who have acquired their wealth through divorce, such as Melinda French Gates and MacKenzie Scott, are known for their significant philanthropic endeavors.