David Simon (CEO)
David E. Simon | |
|---|---|
| Born | Template:Birth year and age |
| Nationality | American |
| Occupation(s) | Real estate developer, businessman |
| Known for | Chairman and CEO of Simon Property Group |
| Spouse | Jacqueline Susan Freed (m. 1986) |
| Children | 5 |
David E. Simon (born 1961/1962) is a U.S. billionaire and prominent real estate developer who serves as chairman and CEO of Indianapolis-headquartered Simon Property Group. The company is an S&P 100 constituent and stands as the largest publicly listed commercial real estate enterprise in the United States.
Early life
Simon is the son of Melvin Simon, a Jewish American real estate entrepreneur, and his first wife, Bess (née Meshulam). He obtained a Bachelor of Science degree from Indiana University in 1983, followed by a Master of Business Administration from the Columbia University Graduate School of Business in 1985.
Career
Simon launched his professional journey at First Boston. Between 1988 and 1990, he held the position of vice president at Wasserstein Perella & Co..
In 1990, he joined Melvin Simon & Associates as Chief Financial Officer. He played a pivotal role in orchestrating the company's initial public offering in 1993, which raised nearly $1 billion and was the largest real estate stock offering at that time. Simon ascended to CEO in 1995 and took on the role of chairman in 2007.
He has chaired the leadership team of the National Association of Real Estate Investment Trusts (NAREIT) and served as a trustee for the International Council of Shopping Centers (ICSC). In recognition of his achievements, Simon was inducted into the Indiana University Kelley School of Business Academy of Alumni Fellows in 2000.
Philanthropy
In 2013, Simon contributed $5 million toward the development of new facilities at Columbia Business School.
Personal life
Simon married Jacqueline Susan Freed in 1986. The couple has five children.