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Harold Simmons, Texas Billionaire, Dies at 82

Posted on 12/30/2013 by with 0 comments

Harold Simmons, who built a $10 billion fortune from buyouts and more recently focused on bankrolling the Republican party, reportedly died Saturday night in Dallas, according to the Dallas Morning News. He was 82.

His wife, Annette, told the paper that Simmons had been “very sick for the last two weeks” and had spent the past eight days in Baylor University Medical Center’s intensive care unit. She didn’t comment on the specific cause of death. “He’s had a hard time,” she said. A FORBES email to a spokesman for Simmon’s Valhi Inc. wasn’t immediately returned Sunday night.

In keeping with his  status among the Texas elite, Gov. Rick Perry called Simmons “a true Texas giant, rising from humble beginnings and seizing the limitless opportunity for success we so deeply cherish in our great state.” Perry added, “His legacy of hard work and giving, particularly to his beloved University of Texas, will live on for generations.” Another reflection of his long-lasting success: he ranked high even on the most recent Forbes 400 at No. 40.

 

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