Herbert Simon (real estate)

Herbert Simon (born October 23, 1934) is an American real estate developer. He resides in Indianapolis, Indiana. He was educated at the City College of New York and is the owner of the Indiana Pacers, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010, he purchased Kirkus Reviews.[3]

For the American political scientist, see Herbert A. Simon.
Herbert Simon
Born (1934-10-23) October 23, 1934[1]
New York City, U.S.
Alma materCity College of New York (B.B.A) [2]
OccupationChairman emeritus of the Simon Property Group
Known forReal Estate Development
Indiana Pacers owner
Spouse(s)Sheila Simon (divorced)
Diane Meyer (divorced)
Porntip Bui Nakhirunkanok
Children10
FamilyMelvin Simon (brother)

Forbes estimated his net worth to be around US$3.2 billion in mid-2018.[4]

Early life and education

He was born in Williamsburg, Brooklyn and grew up in the Bronx, the son of Max and Mae Simon.[1] His father was a tailor who had emigrated from Central Europe. His older brother is the late Melvin Simon. His oldest brother is the late Fred Simon, who was the longtime leasing director at Simon Property Group. Herbert Simon graduated from The City College of New York with a B.B.A. in Business.[2]

Personal life

Simon has been married three times. His first wife was Sheila Simon.[4] they have two children.[5]

In 1981, Simon married Diane Meyer, political staffer for Senator Birch Bayh of Indiana.[5] They divorced in 2000.[5] They have three children.[5]

In 2002, Simon married Porntip Bui Nakhirunkanok (born February 7, 1969, Bangkok, Thailand), Miss Universe 1988. They have five children.[6][7]

Indiana Pacers

In 1983, Simon and his brother, Mel (1927–2009), purchased the NBA's Indiana Pacers from Sam Nassi and Frank Mariani.[8][9] He is also the owner of the WNBA's Indiana Fever, and formerly owned the USL's now defunct Reno 1868 FC.[10]

References
  1. Indianapolis Star: "Mel and Herb Simon - mall developers, owners of the Indiana Pacers" Archived 2007-04-03 at the Wayback Machine June 2004
  2. "Simon Youth Foundation Elects Lena Barkley, Dr. Leslie Fatum, Jeff Kucer to Board of Directors: Herbert Simon, David Simon, the late Melvin Simon named Honorary Board Member" Archived 2015-03-14 at the Wayback Machine, press release, Simon Youth Foundation, February 25, 2014
  3. Swiatek, Jeff. "Herb Simon, in literary stab, buys Kirkus Reviews". Retrieved 11 February 2010.
  4. "Herbert Simon". Forbes. Retrieved 2018-07-30.
  5. Diane Meyer Simon website retrieved March 17, 2013
  6. Angel Wings Foundation retrieved March 18, 2013
  7. Bui Simon website retrieved March 18, 2013
  8. "Pacers reach deal to keep team in Indianapolis". ESPN.com. 2019-04-12. Retrieved 2020-07-29.
  9. "How the Pacers Flipped Bad Luck To Good Fortune in the 1980s". Indiana Pacers. Retrieved 2020-07-29.
  10. LoRé, Michael. "Why Former Soccer Stars Like Landon Donovan And Tim Howard Are Investing In The USL". Forbes. Retrieved 2020-07-29.
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