|Real Name:||Harold C. Simmons|
|Birth Day:||May 13, 1931|
|Death Date:||December 28, 2013(2013-12-28) (aged 82)
|Height:||in centimeters - N/A|
|Weight:||in kg - N/A|
As per our current Database, Harold Simmons died on December 28, 2013(2013-12-28) (aged 82)
With the net worth of $9 Billion, Harold Simmons is the # 172 richest person on earth all the time follow our database.
After completing graduate school in 1952, Simmons worked for the U.S. government as a bank examiner, then for a Dallas-based bank, Republic National Bank.
In 1960, using $5,000 of his savings, and a $95,000 loan, he bought a small drugstore, University Pharmacy on Hillcrest Avenue, across from the campus of Southern Methodist University. Before Simmons owned it, University Pharmacy was the site of a racially charged sit-in in January 1961, when its owner C.K. Bright sprayed insecticide over and around 60 students, only two of whom were black seminary students. Simmons purchased the store and parlayed it into a chain of 100 stores, which in 1973 he sold for more than $50 million, to Eckerd Corporation. This launched his career as an investor when he used the proceeds of that sale to begin speculation in the financial services industry. By 1974, he had been indicted for and acquitted of wire and mail fraud, and involved in a pension-related lawsuit brought against him by the United Auto Workers.
In 1973, Simmons was a significant contributor to the Dallas Civic Opera.
Simmons conducted a widely publicized but unsuccessful takeover attempt on the Lockheed Corporation, after having gradually acquired almost 20 per cent of its stock. Lockheed was attractive to Simmons because one of its primary investors was the California Public Employees' Retirement System (CalPERS), the pension fund of the state of California. At the time, the New York Times said, "Much of Mr. Simmons's interest in Lockheed is believed to stem from its pension plan, which is over financed by more than $1.4 billion. Analysts said he might want to liquidate the plan and pay out the excess funds to shareholders, including himself." Citing the "mismanagement" of its chairman, Daniel M. Tellep, Simmons stated a wish to replace its board with a slate of his own choosing, since he was the largest investor. His board nominations included former Texas Senator John Tower, the onetime chairman of the Armed Services Committee, and Admiral Elmo Zumwalt Jr., a former Chief of Naval Operations. Simmons had first begun accumulating Lockheed stock in early 1989 when deep Pentagon cuts to the defense budget had driven down prices of military contractor stocks, and analysts had not believed he would attempt the takeover since he was also at the time pursuing control of Georgia Gulf.
In 1993, Simmons was fined $19,000 by the Federal Election Commission for exceeding the legal limit of campaign contributions in 1989 and 1990 elections.
Between 1993 and 1997, Simmons and family members and Contran gave more than $315,000 to Republican candidates, according to FEC records.
In 1997, Simmons made a $5 million investment in T. Boone Pickens, Jr.'s first fund BP Capital Energy Commodity Fund; by 2005 this had grown to $150 million.
In August 1997, President Bill Clinton used a line-item veto to draw attention to the type of "special benefits" that investors such as Simmons employ to avoid paying capital gains taxes since the early 1980s. Simmons had formed the "Snake River Sugar Cooperative" of 2,000 beet farmers and classified it as a joint-venture, shared ownership co-op, to purchase his Amalgamated Sugar Company, for $260 million. At the time, Charles Schumer, serving as a Representative from New York, wrote a letter to Clinton stating that the measure before him for consideration would benefit Simmons with a $104 million tax deferral. Simmons stated at the time that his tax deferral was only $80 million.
During the 2004 presidential campaign Simmons made a $4 million donation to the group Swift Vets and POWs for Truth. He also donated $100,000 to George W. Bush's January 2005 inaugural ball.
In 2006, Simmons pledged $1 million to the George W. Bush Presidential Library contingent upon its being located at SMU.
In 2006, Harold Simmons made a grant to the Young America's Foundation to establish the Harold Simmons Lecture Series, which enabled former U.S. Senator Zell Miller to tour college campuses during the 2006-2007 school year to promote "his message in defense of America from foreign and domestic threats to our freedom."
In 2007, Oprah Winfrey announced that Harold and Annette Simmons, her neighbors in Montecito, California, had contributed $5 million to her Oprah Winfrey Leadership Academy for Girls in South Africa.
In 2007, Harold and Annette Simmons announced a $20 million gift to Southern Methodist University to provide an endowment for the university's School of Education and Human Development. The gift allocated $10 million for construction of a new facility, to be named the Annette Caldwell Simmons Building; $5 million for graduate student fellowships; and $5 million for faculty support and an endowed deanship.
In 2008 the Harold Simmons Foundation made a donation of $5 million to the Dallas Zoo, the largest single private contribution in the zoo's 120-year history.
The Harold Simmons Foundation made a gift to the Legal Hospice of Texas, a nonprofit law firm providing compassionate legal services at no charge to low-income individuals who are terminally ill, in 2010 and 2012.
Simmons's company, Contran Corporation, donated $1 million to Make Us Great Again, a super PAC supporting Rick Perry's 2012 presidential candidacy. That donation was the single largest received by the PAC in the fourth quarter of 2011. According to a CBS article, Contran also was the largest donor to American Crossroads, giving $2 million to the conservative super PAC co-founded by Karl Rove. Later data from Opensecrets.org shows Contran contributions of $5 million in Nov 2011, $5 million in Jan 2012, and $1 million in April 2012 to American Crossroads. Simmons also donated $100,000 directly to another Perry super PAC, the Restoring Prosperity Fund, before donating $5 million to American Crossroads in addition to Contran's donation. He has also contributed to Restore our Future, a super PAC supporting Mitt Romney. His contributions in support of Romney totaled $16.5 million, making him the year's third-largest Republican donor, behind Sheldon Adelson and Bob J. Perry.
In 2012, Simmons was fined by the Texas Ethics Commission for illegal campaign contributions to Texas state legislators in 2011. Simmons had channeled his contributions (to fifteen Republicans and three Democrats) through a political action committee (PAC), but he was the PAC's sole donor. The fine, in the amount of $6,450, was criticized as "meager" by Texans for Public Justice, the nonprofit organization that filed the complaint.
|#5||Glenn Reuben Simmons||Siblings||N/A||N/A||N/A|
Currently, Harold Simmons is 90 years, 5 months and 10 days old. Harold Simmons will celebrate 91st birthday on a Friday 13th of May 2022. Below we countdown to Harold Simmons upcoming birthday.