Hi, I’m Andomoney, and today we’re diving into the fascinating financial story of Henry Ross Perot. When we talk about Henry Ross Perot net worth, it’s essential to understand how this iconic businessman amassed his wealth through strategic business ventures.
From founding Electronic Data Systems (EDS) to investing in NeXT, Perot left an indelible mark on both the tech and political worlds.
Let’s explore his financial journey and how his contributions shaped his lasting legacy.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Henry Ross Perot Sr. |
| Popular Name | Ross Perot |
| Gender | Male |
| Birth Date | June 27, 1930 |
| Age | 89 (Died: July 9, 2019) |
| Parents | Lula May Ray, Gabriel Ross Perot |
| Siblings | Gabriel Perot Jr. (deceased) |
| Birthplace | Texarkana, Texas, U.S. |
| Nationality | American |
| Ethnicity | French-Canadian (Patrilineal) |
| Education | U.S. Naval Academy |
| Marital Status | Married |
| Spouse | Margot Birmingham (m. 1956–2019) |
| Children | 5 (Ross Perot Jr., Suzanne Perot, Nancy Perot, Katherine Perot, Carolyn Perot) |
| Dating | N/A |
| Net Worth | $4.1 billion (as of 2019) |
| Source of Wealth | Business ventures, tech investments |
| Height | 5 ft 5 in (1.65 m) |
What is the Net Worth Of Henry Ross Perot in 2024?
Henry Ross Perot’s net worth was estimated at $4.1 billion as of 2019, primarily derived from his business ventures in tech, such as founding Electronic Data Systems (EDS) and later Perot Systems, which he sold to Dell. His influence was significant in shaping the tech industry.
While his net worth remains consistent after his passing in 2019, it stands alongside other influential figures in the business world.
If you’re curious about other individuals with substantial financial achievements, consider exploring some of his close connections and contemporaries:
- Steve Jobs
- Ross Perot Jr.
- Bill Clinton
- George H. W. Bush
- Bob Dole
- Mitt Romney
- Pat Buchanan
- David Rubenstein
- NeXT
- General Motors
For a deeper dive into how Henry Ross Perot compares with other wealthy politicians, you can read more about the most affluent political figures here.
Henry Ross Perot Salary and Finance Overview
How He Built His Wealth Through Business Ventures
One of the most remarkable aspects of Henry Ross Perot’s financial success is the foundation he laid with Electronic Data Systems (EDS). Perot founded EDS in 1962, a revolutionary move at the time, as it provided large-scale data processing services.
This move significantly contributed to his fortune when he sold EDS to General Motors in 1984 for a massive $2.4 billion.
But this was just the beginning. In 1988, he founded Perot Systems, another tech-driven company focusing on IT services. This venture solidified his standing in the business world.
Eventually, Dell Computers acquired Perot Systems for $3.9 billion, netting Perot a hefty profit. His strategic approach to business acquisitions and sales reflects the shrewdness that helped him grow his wealth over the years.
Major Contributions to the Technology Industry
Perot’s influence didn’t stop with his own companies. He was also an early investor in NeXT, the company founded by Steve Jobs after his departure from Apple.
This investment, although small compared to his other ventures, highlighted his foresight in recognizing technological innovation.
Perot’s contributions to the tech industry, particularly in IT services and data processing, had long-lasting effects, setting the stage for future industry leaders.
Political Campaigns and Their Role in His Public Profile
Perot’s wealth also had political significance. In both his 1992 and 1996 presidential campaigns, he spent millions of his own money to fund his run.
While he never won a state, his third-party candidacy made waves in the political landscape. His opposition to NAFTA and concerns over outsourcing resonated with a large portion of the American electorate.
Though not a direct financial success, these campaigns raised his public profile, which indirectly bolstered his business ventures.
Significant Awards and Recognition for His Achievements
Perot’s accomplishments in both business and public service earned him several prestigious awards. He was honored with the Distinguished Eagle Scout Award, a testament to his long-standing dedication to leadership and community service.
Additionally, his humanitarian efforts, especially around advocating for Vietnam War POW/MIA issues, further established his influence outside the business world.
Family Legacy and Ongoing Impact
The Perot family continues to play an essential role in the business and real estate industries. Ross Perot Jr. took over the reins of Perot Systems before its sale to Dell, and he has continued to influence Hillwood, a significant real estate development company.
The family’s ongoing involvement in these sectors ensures that the Perot legacy, both financially and socially, will endure for years to come.
FAQs About Henry Ross Perot
How did he start his career?
He began as a top salesman at IBM before founding Electronic Data Systems in 1962.
Did he receive any awards for his work?
Yes, he was a Distinguished Eagle Scout and received multiple recognitions for his business and humanitarian contributions.
What companies did he invest in?
He was an early investor in NeXT, a company founded by Steve Jobs after leaving Apple.
Who is his son, and what does he do?
His son, Ross Perot Jr., took over Perot Systems and now runs Hillwood, a real estate company.
What were his philanthropic efforts?
He funded causes such as medical research and public education, alongside purchasing and later selling the Magna Carta for charitable causes.
How did he make his fortune?
His fortune was primarily made through data processing companies like EDS, which he sold to General Motors, and Perot Systems, sold to Dell.
What was his role in politics?
He ran for president in 1992 and 1996, as an independent and a third-party candidate under the Reform Party.
When did Henry Ross Perot die?
He died on July 9, 2019.
Conclusion
I hope you enjoyed learning more about Henry Ross Perot’s remarkable financial journey. If you have any thoughts or questions, feel free to share them in the comments below, or check out more content on our website, andomoney.com.
