| Category | Information |
|---|---|
| Net Worth | $4 billion (at the time of his death in 2019) |
| Salary | N/A |
| Birthdate | June 27, 1930 |
| Birthplace | Texarkana, Texas |
| Gender | Male |
| Height | N/A |
| Profession | Businessman, Politician |
| Nationality | American |
What is Ross Perot’s Net Worth?
Ross Perot, the American businessman and politician, had a net worth of $4 billion at the time of his death in 2019. Known for his keen business acumen and active involvement in politics, Perot was consistently ranked among the wealthiest individuals in the world for several decades. His successful career included being a salesman for IBM and later founding Electronic Data Systems, which he sold in the 1980s, making him a billionaire.
Highlights
- Ross Perot had a net worth of $4 billion at the time of his death in 2019.
- He was known for his involvement in politics and his keen business instincts.
- Perot founded Electronic Data Systems and later sold it in the 1980s.
- He ran as an independent candidate for the President of the United States in 1992.
- Perot was actively involved in various philanthropic activities.
Early Life
Ross Perot, originally named Henry Ray Perot, was born on June 27th, 1930 in Texarkana, Texas. He attended the United States Naval Academy after graduating from high school and served as a junior officer in the navy from 1953 to 1957. At the age of 25, he changed his name to “Ross” in honor of his late father.
Career
Perot began his career as a successful salesman for IBM after leaving the navy. However, he soon founded Electronic Data Systems (EDS) in 1962. EDS received lucrative government contracts, and when it went public in 1968, its shares skyrocketed. Notably, Perot organized the risky rescue of two EDS employees who were imprisoned in Iran.
Personal Life
Ross Perot had a diverse political affiliation, considering himself either an independent or a Republican over the course of his life. He was passionate about various political issues, including opposing the Vietnam War and advocating for a balanced budget. Perot had five children and 19 grandchildren, and he lived with his wife Margot in a luxurious property in Dallas, which was reportedly worth $21 million.
Net Worth Over Time
Ross Perot’s net worth experienced significant growth over time. He initially became a billionaire after selling Electronic Data Systems in the 1980s. In 1984, he sold EDS to General Motors for $2.5 billion. Perot later founded Perot Systems, which he sold to Dell in 2009 for $3.9 billion, personally earning around $800 million from the deal. Although he missed the opportunity to invest in Microsoft, this investment could have made him one of the 10 richest people in the world.
Components of Net Worth
Ross Perot’s net worth primarily consisted of his business ventures, particularly the founding and sale of Electronic Data Systems and Perot Systems. He also had significant real estate assets, including his residence in Dallas, vacation homes in Bermuda, and various other properties. Perot was actively involved in philanthropy and supported causes such as education and veterans’ affairs.
In conclusion, Ross Perot, with a net worth of $4 billion at the time of his death, was a highly successful businessman and politician. His career achievements, particularly in founding and selling Electronic Data Systems and Perot Systems, contributed to his considerable wealth. Perot’s net worth grew over time, and his diverse investments and real estate holdings played a significant role. While he is no longer with us, his legacy and impact continue to be remembered.