Gallery

Name

Herb Simon

Primary Residence

Indianapolis, Indiana

Education

Bachelor of Arts/Science, City College of New York

Citizenship

United States

Affiliated Companies

Simon Property Group, Inc.

Forbes Self Made Score

Source Of Wealth

real estate, Self Made

Net Worth

$3,400,000,000

Forbes Profile

https://www.forbes.com/profile/herb-simon

Forbes 2019 Billionaires List Rank:

645

Forbes Philanthropy Score

Forbes List Rank One: Title

#645 Billionaires 2019

Forbes List Rank One: Link

https://www.forbes.com/billionaires/

Forbes List Rank Two: Title

#251 Forbes 400 2018

Forbes List Rank Two: Link

https://www.forbes.com/forbes-400/

Forbes List Rank Three: Link

https://www.forbes.com/richest-in-top-50-cities/

Summary

In 1960 Herb and his brother Melvin (d. 2009) founded the precursor to Simon Property Group. Simon Property is now one of the world's largest REITs, with 179 shopping malls covering 153 million square feet across America, Europe and Asia.Over the past year, Simon Property shares have returned 15%, including dividends.Simon also owns the Indiana Pacers, which he bought with his brother. The team is worth $1.175 billion. Simon is chairman emeritus of the Board, and his nephew, David, who is Melvin's son, has been CEO since 1995.

Did you know?

Simon was raised in a Bronx walk-up and is the son of a Jewish tailor who immigrated from Central Europe.Simon is a father of eight and on his third marriage--this time to a former Miss Universe from Thailand.

Age

Number of Children

Wikipedia

https://en.wikipedia.org/wiki/Herbert_Simon_(real_estate)