Holt, a Peoria, Illinois native, lived in San Antonio as a child before moving to Corpus Christi.

After graduating high school in Corpus Christi, Holt went into the United States Army, serving two years, including a one-year tour of duty as an infantryman in Vietnam.

[2] Upon leaving the army, Holt went to California, working for an investment banking house and became involved in a bar and restaurant business.

[3] To keep the team in San Antonio, Holt led a successful effort to build a new arena, the AT&T Center, through a ballot measure that would provide public funding for its construction.

The new home to the Spurs and the San Antonio Livestock Exposition broke ground in August 2000 and opened for the 2002 season.

According to documents obtained by the San Antonio Express-News, Julianna Hawn Holt filed for divorce December 22, 2017 in Bexar County District Court.