Skip to main content

Texas billionaire Harold Simmons dies at 82

Billionaire Harold Simmons, one of the richest men in America and a major contributor to the Republican Party, has died in his native Texas at 82.

The death, confirmed in a statement by Texas Governor Rick Perry, was first reported on the website of the Dallas Morning News which said he died on Saturday at Baylor University Medical Center at Dallas.
His wife, Annette, told the newspaper Simmons had been “very sick for the last two weeks,” and in Baylor’s intensive care unit for the last eight days.
She did not give a specific cause of death.
Simmons, currently listed at No. 40 on Forbes’ list of the 400 wealthiest Americans, funneled millions of dollars to Republican campaigns with a view toward defeating President Barack Obama last year.
He was widely considered one of the Republican Party’s most aggressive donors in 2012 and took advantage of new rules that place few limits on how much money wealthy individuals and corporations can contribute to political groups.
“Harold Simmons was a true Texas giant, rising from humble beginnings and seizing the limitless opportunity for success we so deeply cherish in our great state,” Perry said in a prepared statement.
“His legacy of hard work and giving, particularly to his beloved University of Texas, will live on for generations.”
Though he never ran for office, Simmons profoundly shaped the course of presidential politics in 2004 when one of his businesses gave $3 million to the group Swift Boat Veterans for Truth, which helped to undermine Democratic presidential nominee John Kerry by attacking his Vietnam War record.
A pioneer of the leveraged buyout, Simmons and his holding company, Contran Corp, was the largest backer of Texas Governor Rick Perry’s failed presidential bid.
Simmons himself gave $100,000 to Americans For Rick Perry, another affiliated group, but later gave $500,000 to Winning Our Future, a Super PAC supporting rival Newt Gingrich as Perry’s campaign faded in the polls.
Contran’s political action committee also gave $5,000 donations, the legal maximum, to Republican candidates Mitt Romney and Tim Pawlenty.
That approach is common in Texas, where donors commonly spread money around in order to ensure access.
Simmons has been one of Perry’s biggest backers during his tenure as Texas governor, a time when his company Waste Control Specialists LLC sought to set up a lucrative nuclear waste dump in the sparsely populated western part of the state. Perry sought to sideline a state commissioner who opposed expanding the scope of the project.
A company spokesman pointed to Simmons’s extensive donations to Republicans as evidence that he was not targeting Perry for any special favors.
Simmons’s donations were not limited to the political arena. He and his wife had pledged to give more than half of their wealth to charity, joining an effort launched by investor Warren Buffett.
Simmons had also pledged more than $177 million to health research efforts at the University of Texas-Southwestern in Dallas, and another $50 million to Parkland Health and Hospital System, a public hospital in Dallas.
His charitable foundation supports a wide array of causes, including some that might anger conservatives.
In 2010, the Harold Simmons Foundation gave $75,000 to public broadcasting organizations, $2,500 to Planned Parenthood, and $25,000 to Public Campaign, a Washington-based organization that “aims to dramatically reduce the role of big special interest money in American politics.”

Comments

Popular posts from this blog

Windows 10 now on 600 million machines.

Microsoft CEO Satya Nadella told shareholders that Windows 10 has now passed 600 million monthly active users, picking up 100 million since May of this year. This number counts all Windows 10 devices used over a 28-day period. While most of these will be PCs, there are other things in the mix there: a few million Xbox Ones, a few million Windows 10 Mobile phones, and special hardware like the HoloLens and Surface Hub. The exact mix between these categories isn't known, because Microsoft doesn't say. The company's original ambition (and sales pitch to developers) was to have one billion systems running Windows 10 within about three years of the operating system's launch. In July last year, the company acknowledged that it won't hit that target—the original plan called for  50 million or more phone sales a year , which the retreat from the phone market has made impossible. But at the current rate it should still be on track for somewhere in excess of 700 million use...

WZoneLite – A Pretty Cool WooCommerce Amazon Affiliate Plugin .

Everyone wants to make a million dollars by being a blogger. The promise of riches and internet fame is a big draw to doing it for a lot of people, and I’m sorry to say that the reality of being a blogger (even a professional blogger!) is not quite…as financially lucrative as all that. But that’s not to say that it  can’t be –one of the best ways to start your empire is with an Amazon affiliate plugin. For me, the Amazon Associates program has been one of the biggest earners for me over the years. Not only are there CPM ads like Google Adsense (you know, the normal banner ads we all love to hate), but any time someone clicks a link from your site, you get a percentage of  anything  they buy while the token from your site lasts in their browser. If they buy a song, you get a few cents. If they buy a new MacBook Pro and iPhone? You get…a lot more cents. With that in mind, WZoneLite is a  pretty cool WooCommerce Amazon affiliate plugin that syncs everything together s...

Game-changing SEO trends that will dominate 2018.

Changing nature of the rules of the game. As search engines strive to improve the quality of search results, some ranking factors shift shapes, others fall into oblivion, and completely new ones arise out of nowhere. To help you stay ahead of the game in 2018, here’s a list of the most prominent trends that are gaining momentum, with tips on how you can prepare for each. 1. The rise of SERP features Are you assuming a #1 organic ranking is  the  way to get as much traffic as possible? Think again. Increasingly, SERP features (local packs, Knowledge panels, featured snippets and so on) are stealing searchers’ attention and clicks from organic listings. And it’s only fair if you consider the evolution the Google SERP has been through. It has gone all the way from “10 blue links”… … to something that makes you feel like you’re part of a Brazilian carnival. What can you do about it? With the evolution of SERP features, it’s critical that you (a) track your rankings within...