by Russell St. John
Posted 7/09/19, 11:34 am
H. Ross Perot, a billionaire businessman and a two-time presidential candidate, died Tuesday at his home in Dallas, according to a family spokesman. He was 89.
Born in Texarkana, Texas, and the son of a commodities broker, Perot graduated from the U.S. Naval Academy in 1953. In 1956, he married his college sweetheart, Margot Birmingham. After leaving the service, he began working at IBM. He founded Electronic Data Systems (EDS) in 1962 with a $1,000 loan from his wife. In 1984, he sold the business to General Motors for $2.5 billion.