Ross Perot, Jr.
Photo: Financial Times, CC BY 2.0, via Wikimedia Commons12

Ross Perot, Jr.

American real estate developer and businessman

Henry Ross Perot Jr. (born November 7, 1958) is an American real estate developer and businessman best known for his development of Alliance, Texas, an inland port near Fort Worth, and for making the first circumnavigation of the world in a helicopter, at age 23.2

From Wikipedia’s article on Ross Perot, Jr. (this version), CC BY-SA 4.0.

Born Nov 7, 1958.1

Net worth $6.5B (as of 2025, per forbes.com).13 Richest people

About

Perot chairs multiple companies, including The Perot Group and Hillwood. He is the eldest child of American billionaire businessman and former 1992 and 1996 U.S. presidential candidate Ross Perot.

From Wikipedia’s article on Ross Perot, Jr., shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedVanderbilt University3

Perot was born and raised in Dallas, the son of Margot (née Birmingham) and Ross Perot. He graduated from St. Mark's School of Texas in 1977. After graduating from Vanderbilt University, he served in the United States Air Force for eight and a half years like his father.

From Wikipedia’s article on Ross Perot, Jr. (this version), CC BY-SA 4.0.

Career

Occupation: businessperson, military officer.5

In 1982, Perot co-piloted the first flight by helicopter around the world. Using a Bell 206 L-1 Long Ranger II, he completed the circumnavigation on September 30, 1982 after departing on 29 days earlier on September 1.

Perot chairs The Perot Group, which manages the Perot family's various interests, including real estate, oil and gas, and financial investments. He developed the Fort Worth Alliance Airport (Perot Field) and is a large real estate developer. Hillwood's residential division is building Harvest, a $1 billion, 1,150-acre development in Northlake and Argyle. Hillwood Communities recently kicked off developments including the 1006-acre development Pomona in Manvel and the 787-acre Union Park in Little Elm.

From 2002 to 2003, Perot chaired the Texas Governor's Task Force for Economic Growth. In March 2007, presidential candidate Mitt Romney, seeking the Republican Party nomination, selected Perot as a member of his Texas finance committee.

Perot was a member of the board of directors for Dell Inc. He is a board member of Guide IT. He chairs the United States Air Force Memorial Foundation and co-chairs the EastWest Institute. He also sits on the board of trustees of St. Mark's School of Texas, Southern Methodist University, and Vanderbilt University. For 2024 Forbes reported Perot's net worth at $3.7 billion. Perot was the 1983 recipient of the Langley Gold Medal from the Smithsonian Institution.

In April 2020, Governor Greg Abbott named Perot to the Strike Force to Open Texas, a group "tasked with finding safe and effective ways to slowly reopen the state" during the COVID-19 pandemic.

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Dallas Mavericks ownership

Perot purchased the Dallas Mavericks NBA basketball team from original owner Don Carter in March 1996. During his four-year tenure, the Mavericks made no more progress on the court than they had in Carter's final seasons and nowhere near what they did under his successor, Mark Cuban. It was said that he was a basketball novice, or uninterested in the sport, and was using his position as team owner to front his projects, most notably Victory Park, which was anchored by the American Airlines Center, which opened in 2001. He sold the team to Cuban in January 2000 and the franchise did not have a losing record in any of the next 15 seasons, winning two Western Conference championships and the 2011 NBA championship.

In May 2010, Perot, who retained 5% ownership, sued Cuban, alleging the franchise was insolvent or in imminent danger of insolvency. In June 2010, Cuban responded in a court filing maintaining Perot was wrongly seeking money to offset $100 million (~$140 million in 2024) in losses on the Victory Park real estate development. The lawsuit was dismissed in 2011 by Judge Craig Smith (a Dallas County State District Judge), due in part to Cuban asserting proper management of the team due to its recent victory in the 2011 NBA Finals. The judge did note that the team had won the 2011 NBA championship during the proceedings. In 2014, the Fifth Court of Appeals in Texas affirmed the dismissal on appeal. After his initial defeat, Perot attempted to prevent Mavericks fans from using the parking lots he controlled near the American Airlines Center. Perot retains a minority stake in the team, as does Carter's estate.

Major League Cricket ownership

In 2023, it was announced that Perot was one of the owners of Major League Cricket team Texas Super Kings.

From Wikipedia’s article on Ross Perot, Jr. (this version), CC BY-SA 4.0.

Personal life

  • BornNov 7, 1958, Dallas6
  • CitizenshipUnited States7
  • SpouseSarah Perot8
  • Children49

Politics

Perot contributed $660,000 to Donald Trump's 2020 presidential campaign.

During the 2024 Republican Party presidential primaries, Perot endorsed former U.S. ambassador to the U.N. Nikki Haley. Perot and Harlan Crow worked together to raise money in Texas for the Haley campaign.

In 2026, Perot and his wife contributed over $2 million to Grow the Majority, the joint fundraising committee for congressional Republicans.

From Wikipedia’s article on Ross Perot, Jr. (this version), CC BY-SA 4.0.

Awards

  • 1983Langley Gold Medal10

Sources

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    WikidataNet worth