Herb Simon
Chairman Emeritus of the Board of Simon Property Group, Inc., Simon Property Group
$5.12B
as of 10/04/24
About Herb Simon
In 1960, Herb Simon and his brother Melvin (d. 2009) founded the precursor to Simon Property Group.
Simon Property Group is now one of the world's largest real estate investment trusts, with 215 properties globally, including 180 in the U.S.
Simon is chairman emeritus; his nephew, David, who is Melvin's son, has been CEO since 1995.
Simon also owns an 80% stake in the Indiana Pacers, which he bought with his brother. The team is worth $2.9 billion.
Personal stats
Citizenship
United States of AmericaSource of wealth
Real estateResidence
Indianapolis, IndianaMarital status
MarriedBirth date
10/23/34 (age 89)Number of children
8Education
Bachelor of Arts/Science, City College of New YorkSelf-made
self-madeHerb Simon’s fortune is worth
85K
troy ounces of gold
79K
median U.S. household
51K
median U.S. income
0.102%
U.S. credit card volume
0.02%
GDP of the United States
0.015%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Simon was raised in a Bronx walk-up, the son of a Jewish tailor who emigrated from Central Europe.
Net worth over time
Real-time ranking
Financial assets
NASDAQ | CAKE-US
Cheesecake FactoryNYSE | SPG-US
Simon Property GroupImages © Forbes.com. All rights reserved.