business
Inside the world of family offices: How ultrarich dealmakers invest billions
Summary by Frisco News Editorial Desk · Based on reporting from NBC 5 Dallas-Fort Worth (KXAS) - Local
· July 22, 2026
· 1 min read
Dallas business mogul Darwin Deason sold Affiliated Computer Services to Xerox for $6.4 billion in 2010. With such a big windfall to manage, the late billionaire beefed up what has become the tool of the ultrawealthy to manage their fortunes: the family office. These offices handle a range of per...
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Summary created by Frisco News Editorial Desk — automated, rule-governed Original reporting NBC 5 Dallas-Fort Worth (KXAS) - Local Original story Read at the source Source published Jul 22, 2026 Indexed here Jul 22, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Influencer and boxer Jake Paul realized at 29 that he, too, could use a centralized system to handle his slew of prosperous endeavors.
Why this matters in Frisco News
The presence of nearly 190 family offices in the Dallas area, managing billions of dollars in investments, has significant implications for the local economy. With $19.2 billion deployed in 2024, these offices are likely to have a substantial impact on the region's business landscape, potentially creating new opportunities for growth and development. The fact that single-family offices are not required to register as investment advisers with the U.S. Securities and Exchange Commission means that their activities may not be as transparent as those of traditional investment firms, which could raise questions about their influence on the local market. As the number of family offices in the area continues to grow, it will be interesting to see how they interact with other local businesses and institutions, and how their investment decisions shape the future of the Dallas-Fort Worth region. Frisco, with its strong business environment, may be particularly affected by these developments.
About this story
Original reporting by NBC 5 Dallas-Fort Worth (KXAS) - Local . Frisco News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NBC 5 Dallas-Fort Worth (KXAS) - Local . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 22, 2026 ·
Source: NBC 5 Dallas-Fort Worth (KXAS) - Local ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Dallas business mogul Darwin Deason sold Affiliated Computer Services to Xerox for $6.4 billion in 2010. With such a big windfall to manage, the late billionaire beefed up what has become the tool of the ultrawealthy to manage their fortunes: the family office. These offices handle a range of per...
When was this published? This article was first published on July 22, 2026 by NBC 5 Dallas-Fort Worth (KXAS) - Local and curated for Frisco News readers.
Who reported this story? This story was reported by NBC 5 Dallas-Fort Worth (KXAS) - Local. To learn more about how Frisco News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from Frisco News, or browse our daily briefing and topic hubs .
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