Ross Perot, A Self-Made Billionaire And Former Presidential Candidate, Dies At Age 89

By Staff Reporter - 05 Aug '19 05:43AM
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  • Ross Perot, a self-made billionaire and former presidential candidate, dies at age 89
  • (Photo : Bob Galbraith, AP) Ross Perot, a self-made billionaire and former presidential candidate, dies at age 89

DALLAS (AP) - H. Ross Perot, the colorful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice ran for president as a third-party candidate, has died. He was 89.

Perot, whose 19% of the vote in 1992 stands among the best showings by an independent candidate in the past century, died early Tuesday at his home in Dallas surrounded by his devoted family, family spokesman James Fuller said.

As a boy in Texarkana, Texas, Perot delivered newspapers from the back of a pony. He earned his billions in a more modern way, however - by building Electronic Data Systems Corp., which helped other companies manage their computer networks.

Yet the most famous event in his career didn't involve sales and earnings; he financed a private commando raid in 1979 to free two EDS employees who were being held in a prison in Iran. The tale was turned into a book and a movie.

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