Herb Simon
- In 1960, Herb 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 206 properties in the U.S., including 107 malls.
- Simon also owns the Indiana Pacers, which he bought with his brother. The team is worth $1.4 billion.
- Simon is chairman emeritus of the board, and his nephew, David, who is Melvin’s son, has been CEO since 1995.
