Wednesday, 18 September, 2019

Ross Perot: Billionaire business magnate and former presidential candidate dies at 89

Ross Perot Image zoom
Patty Aguilar | 10 July, 2019, 04:11

Ross Perot, billionaire and infamous 1992 presidential candidate, died Tuesday at age 89 after a five month battle with leukemia. "A true American patriot and a man of rare vision, principle and deep compassion, he touched the lives of countless people through his unwavering support of the military and veterans and through his charitable endeavors", James Fuller, a representative for the Perot family, said in a statement.

He ran again as an independent, in 1996, earning about 8 percent of the popular vote.

A billionaire by his mid-50s after he sold a controlling interest in the data processing business he founded to General Motors for US$2.5 billion, Perot's foray into presidential politics made him one of the more colourful political figures of the 1990s. In one debate, he uttered another ideal phrase when he predicted that the new North American Free Trade Agreement would create a "giant sucking sound" as it yanked U.S.jobs to Mexico.

Morton H. Meyerson, the former EDS and Perot Systems president and CEO, was one of Perot's most recent visitors.

Forbes reports that Perot was also an investor in Steve Jobs' NEXT computer company, which Jobs founded after leaving Apple in 1985. He was sadly diagnosed with leukemia back in February of this year (2019). In 2009, Dell Inc. bought Perot Systems. It also reminded many of one of the things that most made Perot incredibly famous: Dana Carvey's boisterous, shrill, freakish folksy aphorism-spouting impersonation of him on Saturday Night Live.

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Texas Governor Greg Abbott also weighed in on Perot's passing (via The Seattle Times): "Ross Perot exemplified what it means to be a Texan and an American". He was the head of the company until 2000, when he passed the title on to his son, Ross Perot Jr.

It was during the Nixon administration that Perot became involved in the issue of USA prisoners of war in Southeast Asia.

Ross Perot's will explicitly instructs his 11 children to donate $9 million each to the Trump 2020 campaign. He was given many honorary degrees and awards for business success and patriotism. He loved the USA military and supported our service members and veterans.

Several original Norman Rockwell paintings hung in the waiting area, and Perot once told a visiting reporter that he tried to live by Rockwell's ethics of hard, honest work and family.

Perot's survivors include his wife, Margot, who he married in 1956.

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