Perot passed away on Tuesday, survived by his wife Margot, five children, and 16 grandchildren.
“Ross was a man of integrity and action,” read a statement from a family spokesman. “A true American patriot and a man of rare vision, principle and deep compassion, he touched the lives of countless people through his unwavering support of the military and veterans and through his charitable endeavors.”
An early tech entrepreneur, Perot founded his first company - Electronic Data Systems - in 1962 with $1,000 of his own savings. Two decades later, General Motors would purchase a controlling interest in the company for $2.4 billion.
Perot is best known for mounting the most successful independent presidential campaign in history in 1992. Running on a platform of balancing the budget and ending the foreign outsourcing of jobs, Perot captured 18.9 percent of the popular vote, drawing support from moderates on both sides of the political spectrum. Republicans, however, accused Perot of siphoning votes away from then-incumbent President George H.W. Bush and facilitating a victory for Bill Clinton.
Perot established the Reform Party and ran for the presidency again in 1996, but failed to recapture his 1992 momentum and won eight percent of the vote.
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