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Grizzly Bulls’ Billionaires Index

⬅ # 667 Chairul Tanjung|# 669 Marian Ilitch ➡

# 668 Margot Birmingham Perot 

$4.79B

Real Time Net Worth
as of 7/25/2024

# 668 Margot Birmingham Perot 

$4.79B

Real Time Net Worth
as of 7/25/2024
OccupationFormer Owner, Electronic Data Systems
Source of WealthComputer Services, Real Estate
Age90
ResidenceDallas, Texas
Marital StatusWidowed
Children5
EducationBS, Goucher College
Age-Adjusted Net Worth$629.64M
Margot Birmingham Perot
Margot Birmingham Perot
United States
Net worth: $4.79B

Self-Made Score 

Wealth History

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Biography

Overview

Margot Birmingham Perot, widow of H. Ross Perot, Sr., became wealthy through her husband's success as a technology entrepreneur and presidential candidate.
She initially supported her husband's venture by giving him a $1,000 check to start Electronic Data Systems, which was later sold to GM for $1.5 billion in 1984.

Early Life and Meeting Ross Perot

Born and raised in Texarkana, Texas, Margot Birmingham Perot had a background in education before meeting her future husband.
She met H. Ross Perot, Sr. on a blind date, marking the beginning of their lifelong partnership.

Philanthropy

Margot and her family contributed significantly to endowing Dallas's Margot Perot Center, a renowned facility for delivering babies since 1983.
She has also been a philanthropic supporter of institutions like the Perot Museum of Nature and Science and the Global Fund for Children.

Legacy of Ross Perot

H. Ross Perot, Sr. was a prominent American business magnate, politician, and philanthropist, known for founding Electronic Data Systems and Perot Systems.
He ran independent and third-party campaigns in the 1992 and 1996 U.S. presidential elections, respectively, advocating fiscal responsibility and opposition to job outsourcing.
Perot's campaigns, though unsuccessful, garnered significant support and influenced national discourse on various issues.

Business Ventures

Ross Perot, Sr. founded Electronic Data Systems in 1962, which was later sold to General Motors in 1984 for $2.4 billion.
He also established Perot Systems in 1988 and served as an angel investor for NeXT, a company founded by Steve Jobs.
In 2009, Dell acquired Perot Systems for $3.9 billion.

Political Involvement

Perot actively engaged in politics, running for president in 1992 and 1996 as a Reform Party candidate.
His campaigns focused on issues like balancing the budget, opposing job outsourcing, and advocating for electronic direct democracy.
Although he didn't win any electoral votes, Perot's campaigns had a significant impact on American politics.

How long would it take you to become as rich as Margot Birmingham Perot?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Margot Birmingham Perot's net worth of $4.79B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Margot Birmingham Perot is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Margot Birmingham Perot, Computer Services and Real Estate are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey