Ross Perot - Celebrity Biographies – World

Ross Perot was a successful American businessman who became one of the wealthiest people in the world after Dell acquired his company, Perot Systems. This Texas billionaire was, however, most popularly known for being an independent candidate in the 1992 and 1996 U.S. presidential elections. In the 1992 election, he won nearly 19 percent of the votes—more than any independent candidate in history since Theodore Roosevelt. Perot played an active role in public affairs and presided over several rescue missions and prisoner negotiations during the Iranian Revolution. He also fervently opposed the Gulf War and criticized the George H. W. Bush administration. Born into a modest family, he worked various odd jobs from the age of seven. After graduating from the U.S. Naval Academy, he served in the Navy for four years. After being discharged, he worked as a salesman for IBM, where he excelled by meeting his annual sales target in just two weeks. Perot had strong faith in Steve Jobs even before Jobs founded Apple and served as an angel investor in his company.

Quick Facts

Also Known As: Henry Ross Perot

Died At Age: 89

Family:

Spouse/Ex-: Margot Birmingham

father: Gabriel Ross Perot

mother: Lula May Perot (née Ray)

children: Carolyn, Katherine, Nancy, Ross Perot Jr., Suzanne

Born Country: United States

Billionaires CEOs

Height: 5'5" (165 cm), 5'5" Males

political ideology: Independent Reform

Died on: July 9, 2019

place of death: Dallas, Texas, United States

Cause of Death: Leukemia

U.S. State: Texas

Founder/Co-Founder: Perot Systems Corporation, Inc., Electronic Data Systems (EDS)

More Facts

education: United States Naval Academy

Childhood & Early Life

Henry Ross Perot was born on June 27, 1930, to cotton broker Gabriel Ross Perot and Lula May Perot, in Texarkana, Texas.

He initially went to the Patty Hill private school and graduated from the Texas High School in Texarkana in 1947. He was part of the Boy Scouts of America.

After high school graduation, he went to the Texarkana Junior College and later became a part of the U.S. Naval Academy. He reached the position of battalion commander. He later resigned from the Navy in 1957.

Career

After he quit the U.S. Navy, he worked as a salesman for The International Business Machines Corporation, where he exhibited immense potential and fulfilled his annual sales target in just two weeks.

In 1962, he established and founded the Electronic Data Systems in Dallas, Texas and went through an initial struggle period, after which the company began receiving contracts.

In the 1960s, Electronic Data Systems received many orders and contracts including many profitable contracts from the government of the United States of America.

Electronic Data Systems became a public company in 1968, and this facilitated a tremendous rise in the stock prices of the company. Within just a few days of going public, prices rose significantly.

In 1974, he gained much attention in the media as his share value dramatically dropped by $450 million on a single working day.

He was always involved in public affairs and in 1979, he headed the Texas War on Drugs Committee and he was also appointed on the Select Committee on Public Education.

In 1988, he became the founder of the Perot Systems Corporation, Inc., a technology services provider, which is located in Plano, Texas. The company was later acquired by ‘Dell, Inc.’

In 1990, he got into an agreement with the Vietnam Foreign Ministry, stating that he would become the country’s business agent, if U.S. diplomatic relations with the country eventually improved.

In 1991 February, he appeared on the ‘Larry King Live’ on CNN, where he claimed that he would run as an independent candidate for the presidential elections.

By the summer of 1991, his candidacy received of immense media glare and attention. Subsequently, his followers began to organise petition drives to include his name on ballot in all fifty states.

On October 1, 1991, he re-entered the presidential race after he quit in July, following a controversy about his daughter and an apparent threat by the Republican government to leak compromising photos of his daughter.

He lost the 1992 presidential elections but polled 18.9% of the popular vote. With this, he became the most successful third-party presidential candidate in terms of the popular vote since Theodore Roosevelt in the 1912 election.

In 1995, he became the founder of the Reform Party and eventually earned himself a nomination to contest in the 1996 U.S. presidential elections. He lost this election too.

Major Works

He founded Electronic Data Systems, an American multinational information technology equipment and services company, headquartered in Plano, Texas. He sold the company to General Motors in 1984.

In 1988, he founded Perot Systems, which as an information technology services provider. The company was bought by Dell for $3.9 billion in 2009.

Awards & Achievements

The S. Roger Horchow Award for ‘Greatest Public Service by a Private Citizen’ was bestowed upon him in 1986.

On April 22, 2009, he was awarded the Honorary Green Beret at the John F. Kennedy Special Warfare Center, located at Fort Bragg, North Carolina.

He received the Sylvanus Thayer Award, which was conferred upon him by the U.S. Military Academy at West Point in 2009.

Family & Personal Life

In 1956, he got married to Margot Birmingham, who was from Greensburg, Pennsylvania. The couple had five children together, namely, Ross Jr., Nancy, Suzanne, Carolyn, and Katherine

Death

Ross Perot died on July 9, 2019, at the age of 89, in Dallas, Texas. He was diagnosed with leukaemia earlier in the year.

Facts About Ross Perot

Ross Perot financed a private mission to rescue two of his employees who were being held captive in Iran.

The mission was successful, and the employees were rescued.

In addition to his successful business ventures, Perot was also known for his philanthropy, donating millions of dollars to various causes, including education and healthcare.

Perot had a passion for sailing and owned a yacht named “The USA” that he used to compete in races. He even sponsored a sailing team in the America’s Cup.

Perot was an avid collector of historical artifacts, including items related to American history and military memorabilia.

His collection was so extensive that he eventually opened a museum to display it to the public.

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