Ross Perot

Ross Perot
Ross Perot in his office Allan Warren (cropped).jpg
Henry Ray Perot

(1930-06-27)June 27, 1930
DiedJuly 9, 2019(2019-07-09) (aged 89)
Dallas, Texas, U.S.
Resting placeSparkman-Hillcrest Memorial Park Cemetery
EducationTexarkana College
United States Naval Academy (BS)
Net worthUS$4.1 billion (April 2019)
Political partyIndependent (before 1995)
Reform (1995–2000)
Republican (2000–2019)
Margot Birmingham (m. 1956)
Children5, including Official website
Ross Perot Signature.png

Henry Ross Perot (/; born Henry Ray Perot; June 27, 1930 – July 9, 2019) was an American business magnate, billionaire, philanthropist, and politician. He was the founder and 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 US history.

Born and raised in Texarkana, Texas, Perot 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 the presidency of George H. W. Bush, 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 debates with Bush and Clinton. In the election, Perot received 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 percent of the popular vote against President Clinton and Republican nominee Bob Dole.

Perot did not seek public office again after 1996. 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 as of 2016.

Early life, education, and military career

Ross Perot was born Henry Ray Perot in Texarkana, Texas, the son of Lula May (née Ray) and Gabriel Ross Perot,[1] a commodity broker specializing in cotton contracts. His patrilineal line traces back to an immigrant to French Louisiana in the 1740s.[2][3] He attended a local private school, Patty Hill, before graduating from Texas High School in Texarkana in 1947.[4][5] One of Perot's childhood friends was Hayes McClerkin, who later became the Speaker of the Arkansas House of Representatives and a prominent lawyer in Texarkana, Arkansas.[6]

Perot started his first job at 8 years old, helping to distribute the Texarkana Gazette as a paperboy. While in his teens, Perot changed his middle name from Ray to Ross to honor his father. Perot had an older brother, Gabriel Ross Jr., who died as a toddler.[7]

Perot joined the Boy Scouts of America and made Eagle Scout in 1942, after 13 months in the program. He was a recipient of the Distinguished Eagle Scout Award.[8][9]

From 1947 to 1949, he attended Texarkana Junior College, then entered the United States Naval Academy in 1949 and helped establish its honor system.[8][10] Perot said his appointment notice to the academy—sent by telegram—was sent by W. Lee "Pappy" O'Daniel, Texas's 34th governor and former senator.[11] Perot married Margot Birmingham of Greensburg, Pennsylvania in 1956.[12]

Other Languages
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العربية: روس بيرو
català: Ross Perot
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dansk: Ross Perot
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español: Ross Perot
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فارسی: راس پرو
français: Ross Perot
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한국어: 로스 페로
Bahasa Indonesia: Ross Perot
italiano: Ross Perot
עברית: רוס פרו
Kiswahili: Ross Perot
magyar: Ross Perot
Nederlands: Ross Perot
norsk: Ross Perot
polski: Ross Perot
português: Ross Perot
Runa Simi: Ross Perot
русский: Перо, Росс
Simple English: Ross Perot
suomi: Ross Perot
svenska: Ross Perot
Türkçe: Ross Perot
українська: Росс Перо