July 9, 2019

Ross Perot

At 89 years old  Ex-Clinton rival Ross Perot died

Twice he appeared as a political outsider in the US presidential election. Twice he lost to Bill Cinton. Now the rich Ross Perot died at 89 years.

The US billionaire and former presidential candidate Ross Perot is dead. A spokesman for the family confirmed the news agency AP the death of the 89-year-old.

The Texan ran twice as a political outsider for the highest office in the United States. In 1992 he joined as a nonpartisan against Bill Clinton. He was defeated, but won a respectable 19 percent of the vote. Many said his candidacy cost George HW Bush the re-election. In 1996, he once again opposed Bill Clinton, as a candidate for his own reform party. He reached only eight percent.

Self-made billionaire

Perot was born in 1930 in Texarkana, Texas. In 1953 he graduated from the US Naval Academy. He then went into the business world, first working for IBM, and in 1962 founded his own I T firm, Electronic Data Systems Corporation (EDS), which employs tens of thousands of people at the top. In 1984, he sold EDS to General Motors for approximately $ 2.6 billion.

Perot’s second company, Perot Systems Corporation, was founded in 1988. Today, the company employs more than 23,000 people worldwide. Dell acquired Perot Systems in 2009 for nearly $ 4 billion. The family of the billionaire continues to play an important role in the company. Ross Perot Jr., eldest son of Ross Perot, is chairman of the board.

Perot captivated the US public

Even as an entrepreneur, Ross Perot sought to be close to politics. Even during the Vietnam War, he participated in secret talks with the leadership in Vietnam on the release of US prisoners of war. He became a popular hero when he organized a rescue operation for some of his employees, who were held hostage in Iran in 1979.

In the late ’80s, Perot began to get louder and louder in political debates in the US. He sharply criticized the country’s growing national debt, for example, and warned that one day this could plunge the US into chaos. He spoke vehemently against the free trade agreement with Mexico and Canada, Nafta.

In the election year of 1992, he played skillfully with the media, as he avoided clear statements on a possible candidacy, but kept the option always open. His tactic earned him the best result of an independent candidate since Theodore Roosevelt in 1912.