Billionaire and two-time independent presidential candidate Ross Perot is dead at 89

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Ross Perot rose from Depression-era poverty to become one of the nation’s richest men as the founder of computer services giant Electronic Data Systems Corp.

DALLAS — H. Ross Perot, the colorful self-made Texas billionaire who twice ran for president, has died.Perot rose from Depression-era poverty to become one of the nation’s richest men as the founder of computer services giant Electronic Data Systems Corp.

In 1992, Perot jumped into the presidential campaign as an independent candidate, challenging President George H.W. Bush and Democrat Bill Clinton. When Perot drew nearly 19% of the vote, the biggest percentage for a third-party hopeful in 80 years, Republicans blamed him for Bush’s defeat. He had founded EDS in 1962 and sold control of it to General Motors GM, -0.37% for $2.5 billion in 1984. He later founded another company, Perot Systems.

 

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