Herb Simon
$6.5B
Born
Oct 23, 1934
Age
91
Source of Wealth
Real estate
Residence
Indianapolis, Indiana
Citizenship
United States
Marital Status
Married
Children
8
Education
Bachelor of Arts/Science, City College of New York
- 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 229 properties globally, including 194 in the U.S.
- Simon was chairman emeritus until he retired in February 2025. 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 more than $3 billion.
- Additionally, Simon owns the WNBA team Indiana Fever, which first played in the 2000 season. The team is worth $370 million.
- Simon was raised in a Bronx walk-up, the son of a Jewish tailor who emigrated from Central Europe.
- Simon, a father of eight, is currently married to a former Miss Universe from Thailand.
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