Tuesday, 02 June, 2020

Ross Perot Dies at 89 :: Politics :: Features :: Ross Perot

Ross Perot self-made billionaire who ran for president dies at 89 Ross Perot has died at the age of 89
Deanna Wagner | 11 July, 2019, 10:35

The Vermont senator and 2020 presidential hopeful revealed as much in a tweet eulogizing Perot-the boisterous Texas billionaire, philanthropist and twice-failed presidential candidate-who passed away on Tuesday at 89. He started up another company, Perot Systems Corp., in 1988, which was sold to Dell for $3.9 billion in 2005.

In this 1992 file photo, President George H.W. Bush, left, talks with independent candidate Ross Perot as Democratic candidate Bill Clinton stands aside at the end of their second presidential debate in Richmond. Though some Republicans accused him of costing Bush the election, exit polls showed that he won nearly equal backing from disaffected supporters of the Democrats.

1996 and beyond: In the lead-up to the 1996 presidential election, Perot founded the Reform Party and won their nomination to run for president. He eventually sold EDS to General Motors in 1984 for $2.5 billion in cash and stock and held a position on the automaker's Board of Directors for a number of years.

A BBC story said, "Described as idiosyncratic and feisty, he pioneered the computer data industry by founding his own company in 1962".

On Tuesday, one commentator called Perot "a stick of dynamite in the pond of USA politics".

Phil Anderson is a Libertarian National Committee member and said Perot's Texas tycoon twang and straight forward character appealed to voters.

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Perot was featured on the 1968 cover of Fortune Magazine as the "fastest, richest Texan".

He got just eight per cent of the vote, and the Reform Party that he founded and hoped to build into a national political force began to fall apart.

Texarkana's native son H. Ross Perot, a billionaire known nationally and internationally, always contributed his influence, time and money to elevate educational and entertainment pursuits in his hometown. "In business and in life, Ross was a man of integrity and action", the statement read. "After a long meeting, Mr. Perot told me that if I could raise $1.5 million, he would give the remaining $500,000".

Writing for the Washington Post in March of election year, David Remnick - now editor of the New Yorker - considered how Perot was tapping into frustrations with two-party politics as usual. He was shut out of presidential debates when organizers said he lacked sufficient support.

Henry Ross Perot was born on June 27, 1930 in Texarkana, Texas. "And it's possible there wouldn't be a Trump presidency without Perot". The Dallas News quoted a friend who called Perot "a Boy Scout who knows how to street-fight".

In true Perot fashion, he fought back, showing up at the office most days in his dark suit with the omnipresent American flag on his lapel. A nationwide Gallup poll in July 1992 found Perot to be the front-runner for president with 39 percent, Bush at 31 percent, and then-Governor Bill Clinton of Arkansas at 25 percent.