He and his brother, Melvin, founded the Simon Property Group in 1960. The company is now the largest real estate investment trust in the United States. Simon has also invested in the Pittsburgh Penguins hockey team and the WNBA's Indiana Fever.
Herb Simon is an American real estate tycoon and sports team investor with a net worth of $2.4 billion. Born in New York City in 1934, Simon and his brother, Melvin, founded the Simon Property Group in 1960, which is now the largest real estate investment trust in the United States. Simon is the owner of the NBA's Indiana Pacers and has also invested in the Pittsburgh Penguins hockey team and the WNBA's Indiana Fever.
Herbert Simon is a member of Richest Billionaires
Age, Biography and Wiki
💰 Net worth: $2.4 Billion (2024)
Herbert Simon, a renowned businessperson in the United States, is highly regarded for his remarkable net worth, estimated to reach an impressive $2.4 billion by 2024. Known for his astute business acumen, Simon has demonstrated exceptional expertise and success in various ventures throughout his career. As one of America's most influential business personalities, his net worth serves as a testament to his outstanding entrepreneurial accomplishments and the value he has generated in the business world. With an impressive track record, Herbert Simon has solidified his position as a prominent figure in the corporate realm.
He grew up in Williamsburg, Brooklyn, and attended the City College of New York. Herb and his brother Mel Simon founded the Simon Property Group, which is the largest real estate investment trust in the United States. Mel Simon died in 2009 and today Herb Simon is chairman emeritus of the Simon Property Group. The company primarily develops shopping malls and the Premium Outlet Centers. In 1983, Herb and his brother Mel purchased the Indiana Pacers of the National Basketball League. Herb Simon also owns the WNBA's Indiana Fever. In 2010, Herb Simon purchased Kirkus Reviews, the American book review magazine founded in 1933. Herb Simon has been married three times and has ten children. In 2002, he married Porntip Bui Nakhirunkanok, the former Miss Thailand who was also Miss Universe 1988. The couple have two biological children and adopted Porntip Bui Simon's sister's three children when she died. Herb Simon also has two children from his first marriage and three children from his second marriage.
