Henry Ross Perot was an American business magnate, billionaire, philanthropist, and politician.
Henry Ross Perot was an American business mogul, billionaire, philanthropist and politician. He was the founder and CEO of Electronic Data Systems and Perot Systems.
Born and raised in Texarkana, Texas, Perot became a salesperson 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.
With an estimated net worth of around $ 4.1 billion in 2019, he was ranked by Forbes as the 167th richest person in the United States.
Perot and his wife Margot (née Birmingham), a graduate of Goucher College, had five children (Ross Jr., Nancy, Suzanne, Carolyn and Katherine) and 19 grandchildren.
In his 1993 book Not For Sale at Any Price, Perot expressed support for giving tax cuts to small and medium-sized enterprises, as opposed to large corporations. In addition, Perot supported a balanced budget amendment.