David E. Simon (born 1961/1962) is an American

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...

real estate developer, chairman and chief executive officer (CEO) of

Indianapolis Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Marion ...

-based

Simon Property Group Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indian ...

, an

S&P 100 The S&P 100 Index is a stock market index of United States stocks maintained by Standard & Poor's. Index options on the S&P 100 are traded with the ticker symbol "OEX". Because of the popularity of these options, investors often refer to the ind ...

company and the largest U.S. publicly traded commercial real estate company.

Early life and education

Simon is the son of Jewish American real estate developer and founder

Melvin Simon Melvin Simon (October 21, 1926 – September 16, 2009)
September 18, 2009 was an American businessman and ...

and his first wife Bess (née Meshulam).Indianapolis Star: "Simon’s daughter sues widow over will - Complaint says billionaire’s 2nd wife coerced him into signing new estate plan favoring her" by John Russell
Estateofdenial.com, January 9, 2010 He obtained a B.S. degree from

Indiana University Indiana University (IU) is a system of public universities in the U.S. state of Indiana. Campuses Indiana University has two core campuses, five regional campuses, and two regional centers under the administration of IUPUI. *Indiana Universit ...

in 1983 and an M.B.A. from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

's Graduate School of Business in 1985.

Career

Simon started his career at

First Boston : ''For the company after its acquisition by Credit Suisse, see Credit Suisse First Boston (known as CSFB and CS First Boston)'' The First Boston Corporation was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Cr ...

. From 1988 to 1990, he worked at Wasserstein Perella & Co. as a vice president. In 1990, he joined Simon Property precursor Melvin Simon & Associates as Chief Financial Officer. In 1993, he led the efforts to take Simon Property Group public with a nearly $1 billion initial public offering that, at the time, was the largest real estate stock offering. He became CEO in 1995 and Chairman in 2007. He is a former chairman of the National Association of Real Estate Investment Trusts (NAREIT) leadership team and is a former trustee of the International Council of Shopping Centers (ICSC). In 2000, he was inducted into the Indiana University Kelley School of Business Academy of Alumni Fellows.

Philanthropy

In 2013, he donated $5 million support the construction Columbia Business School's new facilities.

Personal life

In 1986, he married Jacqueline Susan Freed. They have five children.Jewish Federation of Greater Indianapolis: "The Hebrew University of Jerusalem Dedicates Simon Family Dormitory at New Scopus Student Village - Hebrew U Recognizes the Generosity of Family Behind Simon Property Group"
Jfgi.org August 22, 2007

References

{{DEFAULTSORT:Simon, David Place of birth missing (living people) Living people American chief executives Jewish American philanthropists American billionaires Indiana University alumni Columbia Business School alumni 1960s births Simon family (real estate) Simon Property Group people 21st-century American Jews