Henry Ross Perot, Jr. Net Worth

Henry Ross Perot, Jr. Net Worth

Highlights

• Henry Ross Perot, Jr. has a net worth of $2.5 billion.

• He is the Chairman of the Board of Perot Companies, overseeing various family business ventures.

• Perot, Jr. is one of the top 10 real estate developers in the USA.

• He is known for his successful development of AllianceTexas, an “inland port” with various industrial facilities.

• Perot, Jr. has also ventured into the oil and gas industry through his company, HKN Energy.

Early Life

Henry Ross Perot, Jr. was born on November 7, 1958, in Dallas, Texas. He grew up witnessing the remarkable success of his father, Ross Perot, who built Electronic Data Services into a prominent I.T. company. Inspired by his father’s achievements, Perot, Jr. decided to follow in his footsteps.

Career

After completing his service in the Air Force, Henry Ross Perot, Jr. began his career as a real estate developer. He started by purchasing land north of Fort Worth, Texas, eventually acquiring 18,000 acres. On this property, he successfully built AllianceTexas, an innovative “inland port” consisting of an industrial airport, a rail yard, and extensive warehouse space.

Perot, Jr.’s development of AllianceTexas proved even more lucrative when drillers discovered the massive Barnett Shale natural gas field beneath the land. He sold most of the natural gas reserves for $700 million and numerous Alliance buildings for over $800 million.

Looking ahead, Perot, Jr. has plans to develop approximately 30 million square feet of real estate in Fort Worth and undertake major construction projects in California, Florida, and Pennsylvania. Additionally, his oil company, HKN Energy, is involved in developing a significant oilfield in the Kurdish region of Iraq.

Personal Life

Henry Ross Perot, Jr. maintains a private personal life. However, he has shown philanthropic endeavors by teaming up with his four sisters to donate $50 million towards the construction of the Perot Museum of Nature & Science in Dallas, Texas.

Net Worth Over Time

Throughout his career as a real estate developer and entrepreneur, Perot, Jr.’s net worth has steadily grown. As of now, his net worth is estimated to be $2.5 billion, making him one of the wealthiest individuals in the United States.

Components of Net Worth

Henry Ross Perot, Jr.’s net worth primarily stems from his real estate ventures, specifically the successful development and sale of AllianceTexas. The sale of natural gas reserves and various Alliance buildings significantly contributed to his wealth as well.

Additionally, his involvement in the oil and gas industry through HKN Energy adds to his net worth. Other investments and financial ventures linked to Perot Companies, which oversees the Perot family’s business interests, also contribute to his overall net worth.

In conclusion, with a net worth of $2.5 billion, Henry Ross Perot, Jr. has made a remarkable name for himself in the real estate industry. Inspired by his father’s success, he has utilized his business acumen to establish himself as one of the top real estate developers in the United States. Through his notable projects like AllianceTexas and ventures into the oil and gas sector, Perot, Jr. has significantly contributed to his wealth while leaving a lasting impact on various industries.

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