O livia Holding is a major shareholder in First Citizens BancShares, the parent company of First Citizens Bank, one of the largest family-controlled banks in the United States. She is one of the daughters of the late Frank Holding, who, along with his brothers, built the bank into a regional powerhouse. The family's banking legacy dates back to her grandfather, Robert Powell Holding, who joined the institution in 1918. Olivia owns a significant stake in the company, approximately 10%, which has seen substantial appreciation in value following the bank's acquisition of the failed Silicon Valley Bank in 2023.

While her brother, Frank Holding Jr., serves as the Chairman and CEO and actively runs the bank, Olivia maintains a lower profile as a key beneficiary of the family fortune. Her wealth is tied directly to the performance of the bank's stock, which has outperformed the broader market in recent years. She is also involved in philanthropy and civic activities in her home state of North Carolina. The Holding family's control of First Citizens is a rare example of a multi-generational banking dynasty in the modern American financial landscape.