Ross Perot Net Worth

Ross Perot Net Worth

Real Name: Ross Perot
Date of Birth: 06/27/1930
Place of Birth: Texarkana, Texas

2017 Net Worth: $3.7 Billion
2016 Earnings:

Profession: Businessman

Ross Perot Biography


Ross Perot was born Henry Ray Perot in June of 1930. He had his name legally changed to Henry Ross Perot so he could be called Ross like his father and brother. Perot graduated from Texas High School in 1947, and then attended Texarkana Junior College before entering the US Navy in 1949.  Perot was a go-getter when it came to earning money from a young age. He began working when he was only 7, doing odd jobs such as selling Christmas cards, magazines, or selling gardening seeds door to door.

When he left the Navy, Perot went to work for International Business Machines, known to most as IBM. Five years later, he left IBM when they refused to give him more machines to sell after he reached his annual quota by March. Perot then established his own company called Electronic Data Systems with a $1,000 loan from his wife. The US government was impressed with his business and, during the 1960’s, awarded his company with several lucrative contracts. EDS went public in 1968 and General Motors purchased a controlling interest in 1984 for $2.4 billion. Perot then founded Perot Systems Corporation, Inc. in 1988. After some time, Perot stepped down as CEO and was replaced by Ross Perot Jr. Dell has since acquired Perot Systems Corp. in 2009 for $3.9 billion.

Perot is perhaps best known for his presidential bids. He announced he would run in February o 1992, then withdrew in July, only to re-enter the race as an independent in October of the same year. He later lost to Bill Clinton. Perot then formed his own party, which he called the Reform Party. Since this time, Perot has been largely silent on political issues and will rarely even answer questions.

Perot is worth an impressive $3.7 billion. He lives in Dallas, Texas, with his wife and 5 children. He has 16 grandchildren and shows no signs of retiring.

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