Definition
Ross Perot Jr. (born November 26, 1951) is an American businessman, philanthropist, and heir to the Perot family fortune. He is known for his leadership roles in a variety of enterprises, notably the development firm Perot Investments, Inc., and the real estate venture The Woodlands Development Company.
Overview
Born in Dallas, Texas, Ross Perot Jr. is the eldest son of the late Ross Perot, the billionaire entrepreneur and 1992 independent presidential candidate. After earning a Bachelor of Science degree in business administration from the University of Texas at Austin, Perot Jr. began his career in the family’s business operations. He has been instrumental in expanding The Woodlands, a master-planned community near Houston, and has served on the boards of multiple companies, including the Dallas Mavericks NBA franchise, where he was part-owner from 1996 to 2000. In addition to his corporate responsibilities, Perot Jr. is active in philanthropic endeavors, supporting education, health care, and disaster relief initiatives through the Perot Family Foundation.
Etymology/Origin
The name “Ross Perot” originates from the family’s French‑Canadian ancestry; “Perot” is a variant of the French surname “Pérot.” The given name “Ross” is of Scottish origin, meaning “headland” or “promontory.” The suffix “Jr.” denotes that he shares his full name with his father, Ross Perot Sr.
Characteristics
- Business Leadership: Chairman and CEO of Perot Investments, Inc.; former chairman of The Woodlands Development Company.
- Real Estate Development: Oversaw the expansion and diversification of The Woodlands, incorporating residential, commercial, and recreational components.
- Philanthropy: Contributed to the Perot Family Foundation, focusing on education scholarships, health research, and humanitarian aid.
- Public Service: Served on various civic boards, including the Texas A&M University System and the Dallas Museum of Art.
- Personal Attributes: Recognized for a low public profile compared to his father, emphasizing operational management over political involvement.
Related Topics
- Ross Perot (father) – American businessman and former presidential candidate.
- The Woodlands, Texas – Master-planned community developed by the Perot family.
- Perot Investments, Inc. – Holding company for the family’s diversified business interests.
- Dallas Mavericks – NBA franchise formerly co-owned by Ross Perot Jr.
- Perot Family Foundation – Charitable organization supporting various philanthropic causes.