Richard J. Stephenson

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Richard J (“Dick”) Stephenson is an American businessman active in conservative politics. He is the founder and chairman of Cancer Treatment Centers of America, establishing the firm in 1988.[1] He is also involved with other corporations in industries such as finance and real estate. He is a graduate of Wabash College in Crawfordsville, Indiana and holds a law degree from the Northwestern University School of Law.[2] He is a horse enthusiast, having established the English Tudor-themed estate and breeding center, Tudor Oaks Farm.[3]

Business[edit]

Stephenson founded CTCA "following his mother’s death from bladder cancer, [and he] ... holds investments in a broad portfolio of other businesses, including finance and real estate companies", according to a late-2012 profile in the Washington Post.[4]

Political involvement[edit]

Stephenson serves on the board of the conservative group FreedomWorks.[5][4] In the run-up to the 2012 US presidential election, Stephenson reportedly funneled $12 million to the FreedomWorks super PAC through various firms in a way that effectively hid the origins of the funds. In late 2012, Stephenson agreed to pay $400,000 a year for twenty years to FreedomWorks provided former House majority leader Dick Armey left his position as chairman of the conservative group.[4][6]

According to the Post profile, Stephenson "has a passion for libertarian politics stretching back to the 1960s, when he attended seminars featuring Atlas Shrugged author Ayn Rand and economist Murray Rothbard [and later as] ... an early supporter of Citizens for a Sound Economy, the conservative lobbying group founded by oil billionaires Charles and David Koch in 1984". In 2004 CSE split in two, with the Kochs keeping control of AFP while Stephenson and Armey stayed with FreedomWorks.[4]

Personal[edit]

Stephenson lives in Barrington Hills, Illinois.[4] He has five children, four from his first marriage and one with his second wife. He has numerous grandchildren.[1] His second marriage is in the process of a divorce.[7]

References[edit]

  1. ^ a b "Richard J. Stephenson, Founder and Chairman of the Board". Cancer Treatment Centers of America. Retrieved 2012-12-26. 
  2. ^ "About FreedomWorks: Board of Directors". FreedomWorks. Retrieved 2012-12-26. 
  3. ^ Tudor Oaks Farm
  4. ^ a b c d e Gardner, Amy (2012-12-26). "FreedomWorks tea party group nearly falls apart in fight between old and new guard". Washington Post. 
  5. ^ Board of Directors, Freedom Works
  6. ^ Feds urged to probe cancer clinic exec's role with super PAC, Paul Merrion, Crain's Chicago Business, January 3, 2013
  7. ^ Alicia Valentine, R.j. Stephenson, Chicago Tribune, October 15, 1991

External links[edit]