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Henry Ross Perot (/pəˈroʊ/; born June 27, 1930) is an American business magnate, billionaire, philanthropist, and former politician. He is the founder and former chief executive officer of Electronic Data Systems and Perot Systems. He ran an independent presidential campaign in 1992 and a third party campaign in 1996, establishing the Reform Party in the latter election. Both campaigns were among the strongest presidential showings by a third party or independent candidate in U.S. history.
Born in Texarkana, Texas, he became a salesman for IBM after serving in the United States Navy. In 1962, he founded Electronic Data Systems, a data processing service company. In 1984, General Motors bought a controlling interest in the company for $2.4 billion. Perot established Perot Systems in 1988 and was an angel investor for NeXT, a computer company founded by Steve Jobs after he left Apple. Perot also became heavily involved in the Vietnam War POW/MIA issue, arguing that hundreds of American servicemen were left behind in Southeast Asia after the Vietnam War. During President George H. W. Bush's tenure, Perot became increasingly active in politics and strongly opposed the Gulf War and ratification of the North American Free Trade Agreement.
In 1992, Perot announced his intention to run for president and advocated a balanced budget, an end to the outsourcing of jobs, and the enactment of electronic direct democracy. A June 1992 Gallup poll showed Perot leading a three-way race against President Bush and presumptive Democratic nominee Bill Clinton. Perot briefly withdrew from the race in July, but re-entered the race in early October after he qualified for all 50 state ballots. He chose Admiral James Stockdale as his running mate and appeared in the 1992 CPD debates with Bush and Clinton. In the election, Perot won 18.9% of the popular vote but did not win any electoral votes. He won support from across the ideological and partisan spectrum, but performed best among self-described moderates. Perot ran for president again in 1996, establishing the Reform Party as a vehicle for his campaign. He won 8.4% of the popular vote against President Clinton and Republican nominee Bob Dole.
Perot did not seek public office again after 1996 and did not enter the 2000 Reform Party presidential primaries. He endorsed Republican George W. Bush over Reform nominee Pat Buchanan in the 2000 election and supported Republican Mitt Romney in 2008 and 2012. In 2009, Dell acquired Perot Systems for $3.9 billion. According to Forbes, Perot was the 167th richest person in the United States in 2016.
Born in Texarkana, Texas, he became a salesman for IBM after serving in the United States Navy. In 1962, he founded Electronic Data Systems, a data processing service company. In 1984, General Motors bought a controlling interest in the company for $2.4 billion. Perot established Perot Systems in 1988 and was an angel investor for NeXT, a computer company founded by Steve Jobs after he left Apple. Perot also became heavily involved in the Vietnam War POW/MIA issue, arguing that hundreds of American servicemen were left behind in Southeast Asia after the Vietnam War. During President George H. W. Bush's tenure, Perot became increasingly active in politics and strongly opposed the Gulf War and ratification of the North American Free Trade Agreement.
In 1992, Perot announced his intention to run for president and advocated a balanced budget, an end to the outsourcing of jobs, and the enactment of electronic direct democracy. A June 1992 Gallup poll showed Perot leading a three-way race against President Bush and presumptive Democratic nominee Bill Clinton. Perot briefly withdrew from the race in July, but re-entered the race in early October after he qualified for all 50 state ballots. He chose Admiral James Stockdale as his running mate and appeared in the 1992 CPD debates with Bush and Clinton. In the election, Perot won 18.9% of the popular vote but did not win any electoral votes. He won support from across the ideological and partisan spectrum, but performed best among self-described moderates. Perot ran for president again in 1996, establishing the Reform Party as a vehicle for his campaign. He won 8.4% of the popular vote against President Clinton and Republican nominee Bob Dole.
Perot did not seek public office again after 1996 and did not enter the 2000 Reform Party presidential primaries. He endorsed Republican George W. Bush over Reform nominee Pat Buchanan in the 2000 election and supported Republican Mitt Romney in 2008 and 2012. In 2009, Dell acquired Perot Systems for $3.9 billion. According to Forbes, Perot was the 167th richest person in the United States in 2016.
Ross Perot - Wikipedia
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H. Ross Perot sits down with Texarkana Chamber President, Bill Cork, and shares about his roots in Texarkana, USA.
Thank you, my friend Maj Marty Hogan for making us aware that June 27 is the anniversary of the birth of U.S Naval Academy graduate of 1953 who served in the U.S. Navy until 1957. American business magnate, billionaire, philanthropist, and former politician Henry Ross Perot who is the founder and former chief executive officer of Electronic Data Systems and Perot Systems. He ran an independent presidential campaign in 1992 and a third party campaign in 1996.
Leader Profile: H. Ross Perot
https://www.youtube.com/watch?v=f9Qy9eI6v7U
Images:
1. The Perot family at the Perot Museum: Carolyn Perot Rathjen, Nancy Perot Mulford, Ross, Margot Perot, Ross Jr., Suzanne Perot McGee and Katherine Perot Reeves.
2. 1992 Ross Perot for President
3. The Perot family at the Perot Museum -Carolyn Perot Rathjen, Nancy Perot Mulford, Ross, Margot Perot, Ross Jr., Suzanne Perot McGee and Katherine Perot Reeves
4. 1996 Ross Perot for President
1. Background summary from .cnn.com/2013/06/10/us/ross-perot-fast-facts/index.html
"(CNN)Here is a look at the life of businessman and former third party presidential candidate Ross Perot.
Personal:
Birth date: June 27, 1930
Birth place: Texarkana, Texas
Birth name: Henry Ray Perot, legally changed his name to Henry Ross Perot
Father: Gabriel Ross Perot, cotton broker and part-time horse trader
Mother: Lulu May (Ray) Perot, secretary
Marriage: Margot (Birmingham) Perot (September 13, 1956-present)
Children: Katherine, Carolyn, Suzanne, Nancy and Henry Ross Jr.
Education: US Naval Academy, 1953
Military service: US Navy, 1953-1957
Other Facts:
Legally changed his name to Henry Ross Perot at age 12, and went by Ross, like his father and late brother Gabriel Ross Perot Jr.
Began working at age 7, doing odd jobs such as breaking horses, delivering newspapers, and selling Christmas cards, garden seeds and magazines.
In 1969, his efforts to deliver goods to US prisoners of war held in North Vietnam brought the treatment of POWs into the spotlight. POWs later claimed that the publicity ultimately resulted in better treatment by the North Vietnamese.
Third party candidate for president of the United States in the 1992 and 1996 elections.
Founded the Perot Foundation.
He is an Eagle Scout.
Timeline:
1957-1962 - Data processing salesman for IBM Corporation.
June 27, 1962 - Founds Electronic Data Systems Corporation, (EDS), a data processing business, in Dallas with a $1,000 loan from his wife.
1968 - EDS becomes a publicly traded company, eventually making Perot a billionaire. Fortune magazine calls Perot the "fastest, richest Texan" and puts him on the cover.
1974 - Awarded the Medal for Distinguished Public Service by the Department of Defense for his efforts on behalf of prisoners of war.
1979 - Finances a covert mission called Operation Hotfoot to rescue two EDS employees from an Iranian prison, an event that is later made into a book called "On Wings of Eagles" authored by Ken Follett.
1983 - Texas Governor Mark White recruits Perot to lead a statewide commission on education reform.
June 27, 1984 - Sells EDS to General Motors Company (GM) for $2.5 billion and stock, becoming GM's single largest stockholder and a director.
February 1986 - Presented with the Winston Churchill Award by Britain's Prince Charles and US First Lady Nancy Reagan.
December 1986 - In accordance with a buyout agreement, Perot resigns from the General Motors board of directors and sells all his GM Class E shares to receive approximately $750 million.
1988 - Founds Perot Systems Corporation in Dallas.
1988-1994 and 1997-2004 - Member of the Perot Systems board of directors.
February 20, 1992 - Announces on CNN's "Larry King Live" that he will enter the presidential race if there are enough signatures to add him to the ballot in all 50 states.
July 16, 1992 - Withdraws from the presidential race stating that he couldn't win and staying in the race would only create problems for the electoral process.
September 18, 1992 - Qualifies for the Arizona ballot, completing efforts to put his name on all 50 state ballots.
October 1, 1992 - Re-enters the presidential race as an independent.
November 3, 1992 - Receives one of the largest percentages ever for an independent candidate in a presidential election (18.9%), but comes in third, behind Bill Clinton and incumbent President George H.W. Bush.
September 1995 - Forms the Reform Party.
November 5, 1996 - Receives 8% of the vote in the presidential election as the Reform Party candidate. President Clinton is re-elected to office.
November 1997-August 2000 - President and CEO of Perot Systems Corporation.
February 2, 1999 - Perot Systems Corporation gains 172% in its initial public offering.
August 22, 2000 - Names his son, Ross Perot Jr., president and CEO of Perot Systems. The headquarters are moved to Plano, Texas, and Perot Sr., continues as chairman of the board until September 2004.
2004-2009 - Chairman Emeritus of the board of Perot Systems.
May 2008 - The five Perot children give a $50 million gift to the new Victory Park branch of the Museum of Nature and Science in Dallas in honor of their parents, Margot and Ross Perot. The new location will be named the Perot Museum of Nature and Science.
November 3, 2009 - Dell Incorporated buys Perot Systems for $3.9 billion, a net gain of about $400 million for the Perot family.
November 2011 - The Perot Museum of Nature and Science in Dallas names a new species of dinosaur (Pachyrhinosaurus perotorum) after the Perot family.
December 1, 2012 - The Perot Museum of Nature and Science opens in Dallas.
March 2019 - Ranks No. 478, along with 25 others, on Forbes' annual list of the world's billionaires, with a net worth of $4.1 billion.
2. Business background from bloomberg.com/research/stocks/private/person.asp?personId=4037721&privcapId=4580686
"Executive Profile
H. Ross Perot Jr.
Founder and Chairman , Hillwood Development Company, LLC
Background
Mr. H. Ross Perot, Jr. serves as General Partner at HWGA, Ltd. Mr. Perot is the Founder of Perot Jain, L.P. Mr. Perot served as the Chief Executive Officer and President of Dell Services Federal Government, Inc. Previously, Mr. Perot founded and served as the President and Chief Executive Officer of Perot Systems Corporation from September 01, 2000 to September 24, 2004. He served as the President of Hillwood Development Company, LLC (formerly, Hillwood Development Corporation) from March 1988 to May 1998. He served as the President of Hillwood DBL Partners, Inc. from August 1996 to April 2000. He founded Hillwood Investment Properties, L.P. in 1988. Mr. Perot founded Hillwood Development Company, LLC in 1988 and serves as its Chairman of the Board. He founded Hillwood International Energy, L.P. and serves as its Chairman of the Board. He serves on the Boards of Dallas Citizen council, Vanderbilt University, and the Smithsonian National Air & Space Museum. He serves as the Chairman of the Board at Hillwood Residential and Hillwood Communities. He serves as the President of the Board at St. Mark's School of Dallas. He serves as Chairman of the Board at the East-West Institute. He has been a Member of the Board of Directors at Real Estate Roundtable since July 1, 2012. He served as a Member of the Board of Directors at Business Executives for National Security. He serves as Member of Advisory Board of Impact Venture Partners. He served as the Chairman of the Board at Perot Systems Corporation from September 24, 2004 to November 03, 2009 and as its Member of the Board of Directors from June 1988 to November 03, 2009. From 2002 to 2003, Mr. Perot served as the Chairman of the Governor's Task Force for Economic Growth. He serves on the board of St. Mark’s School of Texas and the Dallas Committee on Foreign Relations. He serves as a Director of Dallas Citizens Council and the Perot Foundation. He served as a Member of the Board of Directors at Dell Inc. from December 2009 to October 29, 2013. He serves as Trustee of Southern Methodist University. He also is a Member of the Executive Committee at the Prince of Wales Business Leaders Forum. In 1982, President Reagan presented Mr. Perot with the Gold Medal Award for Extraordinary Service. In 2007, he was the recipient of the Woodrow Wilson Award for Corporate Citizenship and also the Secretary of Defense Medal for Outstanding Public Service. In 2008, he received the H. Neil Mallon Award presented by the World Affairs Council of Dallas/Fort Worth. He was inducted into Junior Achievement’s 2017 Dallas Business Hall of Fame. He was named one of the most powerful Business Leaders in Dallas-Fort Worth as a member of the ‘Dallas 500’ by D magazine and was co-awarded, alongside his father , the inaugural Vision Award from the Urban land Institute North Texas District Council. Mr. Perot holds Bachelor’s degree in Business Administration from Vanderbilt University 1977-1981 and graduated from St. Mark's School in 1977."
FYI LTC Wayne Brandon LTC (Join to see) Lt Col John (Jack) Christensen Maj Bill Smith, Ph.D. Maj Robert Thornton SSG William Jones SSG Donald H "Don" Bates PO3 William Hetrick PO3 Lynn Spalding SPC Mark Huddleston SGT Rick Colburn CPL Dave Hoover SPC Margaret Higgins SSgt Brian Brakke SP5 Jeannie Carle Maj Marty Hogan SCPO Morris Ramsey Sgt Albert Castro
Leader Profile: H. Ross Perot
https://www.youtube.com/watch?v=f9Qy9eI6v7U
Images:
1. The Perot family at the Perot Museum: Carolyn Perot Rathjen, Nancy Perot Mulford, Ross, Margot Perot, Ross Jr., Suzanne Perot McGee and Katherine Perot Reeves.
2. 1992 Ross Perot for President
3. The Perot family at the Perot Museum -Carolyn Perot Rathjen, Nancy Perot Mulford, Ross, Margot Perot, Ross Jr., Suzanne Perot McGee and Katherine Perot Reeves
4. 1996 Ross Perot for President
1. Background summary from .cnn.com/2013/06/10/us/ross-perot-fast-facts/index.html
"(CNN)Here is a look at the life of businessman and former third party presidential candidate Ross Perot.
Personal:
Birth date: June 27, 1930
Birth place: Texarkana, Texas
Birth name: Henry Ray Perot, legally changed his name to Henry Ross Perot
Father: Gabriel Ross Perot, cotton broker and part-time horse trader
Mother: Lulu May (Ray) Perot, secretary
Marriage: Margot (Birmingham) Perot (September 13, 1956-present)
Children: Katherine, Carolyn, Suzanne, Nancy and Henry Ross Jr.
Education: US Naval Academy, 1953
Military service: US Navy, 1953-1957
Other Facts:
Legally changed his name to Henry Ross Perot at age 12, and went by Ross, like his father and late brother Gabriel Ross Perot Jr.
Began working at age 7, doing odd jobs such as breaking horses, delivering newspapers, and selling Christmas cards, garden seeds and magazines.
In 1969, his efforts to deliver goods to US prisoners of war held in North Vietnam brought the treatment of POWs into the spotlight. POWs later claimed that the publicity ultimately resulted in better treatment by the North Vietnamese.
Third party candidate for president of the United States in the 1992 and 1996 elections.
Founded the Perot Foundation.
He is an Eagle Scout.
Timeline:
1957-1962 - Data processing salesman for IBM Corporation.
June 27, 1962 - Founds Electronic Data Systems Corporation, (EDS), a data processing business, in Dallas with a $1,000 loan from his wife.
1968 - EDS becomes a publicly traded company, eventually making Perot a billionaire. Fortune magazine calls Perot the "fastest, richest Texan" and puts him on the cover.
1974 - Awarded the Medal for Distinguished Public Service by the Department of Defense for his efforts on behalf of prisoners of war.
1979 - Finances a covert mission called Operation Hotfoot to rescue two EDS employees from an Iranian prison, an event that is later made into a book called "On Wings of Eagles" authored by Ken Follett.
1983 - Texas Governor Mark White recruits Perot to lead a statewide commission on education reform.
June 27, 1984 - Sells EDS to General Motors Company (GM) for $2.5 billion and stock, becoming GM's single largest stockholder and a director.
February 1986 - Presented with the Winston Churchill Award by Britain's Prince Charles and US First Lady Nancy Reagan.
December 1986 - In accordance with a buyout agreement, Perot resigns from the General Motors board of directors and sells all his GM Class E shares to receive approximately $750 million.
1988 - Founds Perot Systems Corporation in Dallas.
1988-1994 and 1997-2004 - Member of the Perot Systems board of directors.
February 20, 1992 - Announces on CNN's "Larry King Live" that he will enter the presidential race if there are enough signatures to add him to the ballot in all 50 states.
July 16, 1992 - Withdraws from the presidential race stating that he couldn't win and staying in the race would only create problems for the electoral process.
September 18, 1992 - Qualifies for the Arizona ballot, completing efforts to put his name on all 50 state ballots.
October 1, 1992 - Re-enters the presidential race as an independent.
November 3, 1992 - Receives one of the largest percentages ever for an independent candidate in a presidential election (18.9%), but comes in third, behind Bill Clinton and incumbent President George H.W. Bush.
September 1995 - Forms the Reform Party.
November 5, 1996 - Receives 8% of the vote in the presidential election as the Reform Party candidate. President Clinton is re-elected to office.
November 1997-August 2000 - President and CEO of Perot Systems Corporation.
February 2, 1999 - Perot Systems Corporation gains 172% in its initial public offering.
August 22, 2000 - Names his son, Ross Perot Jr., president and CEO of Perot Systems. The headquarters are moved to Plano, Texas, and Perot Sr., continues as chairman of the board until September 2004.
2004-2009 - Chairman Emeritus of the board of Perot Systems.
May 2008 - The five Perot children give a $50 million gift to the new Victory Park branch of the Museum of Nature and Science in Dallas in honor of their parents, Margot and Ross Perot. The new location will be named the Perot Museum of Nature and Science.
November 3, 2009 - Dell Incorporated buys Perot Systems for $3.9 billion, a net gain of about $400 million for the Perot family.
November 2011 - The Perot Museum of Nature and Science in Dallas names a new species of dinosaur (Pachyrhinosaurus perotorum) after the Perot family.
December 1, 2012 - The Perot Museum of Nature and Science opens in Dallas.
March 2019 - Ranks No. 478, along with 25 others, on Forbes' annual list of the world's billionaires, with a net worth of $4.1 billion.
2. Business background from bloomberg.com/research/stocks/private/person.asp?personId=4037721&privcapId=4580686
"Executive Profile
H. Ross Perot Jr.
Founder and Chairman , Hillwood Development Company, LLC
Background
Mr. H. Ross Perot, Jr. serves as General Partner at HWGA, Ltd. Mr. Perot is the Founder of Perot Jain, L.P. Mr. Perot served as the Chief Executive Officer and President of Dell Services Federal Government, Inc. Previously, Mr. Perot founded and served as the President and Chief Executive Officer of Perot Systems Corporation from September 01, 2000 to September 24, 2004. He served as the President of Hillwood Development Company, LLC (formerly, Hillwood Development Corporation) from March 1988 to May 1998. He served as the President of Hillwood DBL Partners, Inc. from August 1996 to April 2000. He founded Hillwood Investment Properties, L.P. in 1988. Mr. Perot founded Hillwood Development Company, LLC in 1988 and serves as its Chairman of the Board. He founded Hillwood International Energy, L.P. and serves as its Chairman of the Board. He serves on the Boards of Dallas Citizen council, Vanderbilt University, and the Smithsonian National Air & Space Museum. He serves as the Chairman of the Board at Hillwood Residential and Hillwood Communities. He serves as the President of the Board at St. Mark's School of Dallas. He serves as Chairman of the Board at the East-West Institute. He has been a Member of the Board of Directors at Real Estate Roundtable since July 1, 2012. He served as a Member of the Board of Directors at Business Executives for National Security. He serves as Member of Advisory Board of Impact Venture Partners. He served as the Chairman of the Board at Perot Systems Corporation from September 24, 2004 to November 03, 2009 and as its Member of the Board of Directors from June 1988 to November 03, 2009. From 2002 to 2003, Mr. Perot served as the Chairman of the Governor's Task Force for Economic Growth. He serves on the board of St. Mark’s School of Texas and the Dallas Committee on Foreign Relations. He serves as a Director of Dallas Citizens Council and the Perot Foundation. He served as a Member of the Board of Directors at Dell Inc. from December 2009 to October 29, 2013. He serves as Trustee of Southern Methodist University. He also is a Member of the Executive Committee at the Prince of Wales Business Leaders Forum. In 1982, President Reagan presented Mr. Perot with the Gold Medal Award for Extraordinary Service. In 2007, he was the recipient of the Woodrow Wilson Award for Corporate Citizenship and also the Secretary of Defense Medal for Outstanding Public Service. In 2008, he received the H. Neil Mallon Award presented by the World Affairs Council of Dallas/Fort Worth. He was inducted into Junior Achievement’s 2017 Dallas Business Hall of Fame. He was named one of the most powerful Business Leaders in Dallas-Fort Worth as a member of the ‘Dallas 500’ by D magazine and was co-awarded, alongside his father , the inaugural Vision Award from the Urban land Institute North Texas District Council. Mr. Perot holds Bachelor’s degree in Business Administration from Vanderbilt University 1977-1981 and graduated from St. Mark's School in 1977."
FYI LTC Wayne Brandon LTC (Join to see) Lt Col John (Jack) Christensen Maj Bill Smith, Ph.D. Maj Robert Thornton SSG William Jones SSG Donald H "Don" Bates PO3 William Hetrick PO3 Lynn Spalding SPC Mark Huddleston SGT Rick Colburn CPL Dave Hoover SPC Margaret Higgins SSgt Brian Brakke SP5 Jeannie Carle Maj Marty Hogan SCPO Morris Ramsey Sgt Albert Castro
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Maj Marty Hogan I am hoping Bernie will run as a third party candidate. That should stir up the nest.
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A very interesting person, thank you for sharing this biography sir.
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