Dallas—Ross Perot, the Texan billionaire businessman who twice ran for president in the 1990s, died Tuesday, five months after being diagnosed with leukemia, according to news reports. He was 89.
Perot sold his first company, Plano, TX-based computer services business Electronic Data Systems, to General Motors (NYSE: GM) in 1984 for $2.5 billion. In 1988, he founded IT services provider Perot Systems, also based in Plano.
Four years later, Perot made his first run for US president as an independent candidate, earning 19 percent of the popular vote, according to his Biography profile. In 1996, Perot made a... Read more »
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