Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Ross Perot
Investors and Entrepreneurs

As a legendary trader, Ross Perot came to success

27.12.2020
2 min read

Ross Perot: the history of the founder of Electronic Data Systems

Ross Perot is a successful businessman, millionaire and founder of Electronic Data Systems, who has managed to try himself not only in business. He was actively involved in politics, twice running for president of the USA, in 1992 and 1996.
Ross Perot grew up in Texas in the family of a cotton picker, his first job was to organize Scouts. After serving in the Army, the future businessman entered the U.S. Naval Academy. There he showed success in both his core business and proved himself as a good manager and innovator. Perot was reorganizing the awards system, commanding a battalion. Despite the fact that service was easy for him and he could make a successful military career, after 4 years Ross decided to leave the Naval Academy. The young man’s new field of activity was IT, IBM. Here he was engaged in sales, and quite quickly proved himself, a few years later he took the position of head of the department. The pen was an initiative worker, trying to promote fresh ideas, but not all of them were accepted by the management. Failure to fully realize himself drove Ross to start his own company. That’s how Electronic Data Systems came into being in 1963. Initially things weren’t going well, but success came after the company fulfilled a government order. This event was the starting point for the growth of the company and the increase in the capital of the pen itself. The EDS was worth $2.4 billion by 1984, and for that amount it was sold to General Motors Holding. Four years later, Ross decided to create another company – Perot Systems Corporation and over time it was run by the businessman’s son. Perot himself began to implement his political plans.

Ross Perot

In addition, the entrepreneur was actively involved in a number of public programs. He has amended the Texas drug law, accompanied educational projects. The businessman’s ties to the military helped during the conflict in Iran, and he made efforts to save American hostages. These actions increased the popularity of Perot and he tried his hand at the presidential election. However, the businessman failed to get the right number of votes and he failed twice.
After an unfortunate career, Ross focused on investment activities, he also gave lectures and presentations of his books, and actively helped the Foundation of Military Veterans. His fortune was estimated at $4.2 billion.
Perot passed away last summer, he was 89 years old.

Tags: Investors and Entrepreneurs
0
Previous Post Agricultural Bank of China is one of the giants of the Chinese banking industry Next Post The Chinese authorities have introduced a number of measures to support the economy

You Might Also Like

Sergey Brin biography of one of the founders of Google
Investors and Entrepreneurs
Sergey Brin: biography of the man who gave the world Google
02.03.2022
Biography of Giorgio Armani
Investors and Entrepreneurs
Giorgio Armani: How the career of the Italian fashion designer began
04.08.2021
Thomas Price
Investors and Entrepreneurs
Investor Thomas Price: A business success story
06.01.2021
Adam Back
Investors and Entrepreneurs
Adam Back: the story of the famous cryptographer
30.11.2022
Howard Schultz
Investors and Entrepreneurs
Howard Schultz: history of the Starbucks coffee chain foundation
26.04.2021
Dewar
Investors and Entrepreneurs
Thomas Dewar: the story of Dewar’s whisky brand heyday
05.07.2021

Recent Posts

  • 1Mary Erdoes
    Mary Erdoes: the most powerful woman on Wall Street
    02.06.2023
  • 2Pilatus Aircraft
    Pilatus Aircraft: the history of the Swiss aircraft manufacturer
    01.06.2023
  • 3investment triangle to select a particular asset
    Investment triangle: how to choose the best asset for investment
    31.05.2023
  • 4Nissan and Renault
    Nissan and Renault invest $600 million in a joint venture
    30.05.2023
  • 5Noventiq
    Noventiq plans to float on the Nasdaq exchange
    29.05.2023

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • UAE fields to be developed by Eni and SNOC

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

Mary Erdoes
Mary Erdoes: the most powerful woman on Wall Street
02.06.2023
Pilatus Aircraft
Pilatus Aircraft: the history of the Swiss aircraft manufacturer
01.06.2023
investment triangle to select a particular asset
Investment triangle: how to choose the best asset for investment
31.05.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Skolkovo analysts: the Russian energy market is suffering losses
  • UAE fields to be developed by Eni and SNOC
  • Bank of America: we should expect the surge in copper prices in the near future
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics