Herbert Simon (real estate)

Herbert Simon
Born (1934-10-23) October 23, 1934[1]
New York City, New York
Nationality United States
Alma mater City College of New York (B.B.A) [2]
Occupation Chairman emeritus of the Simon Property Group
Known for Real Estate Development
Indiana Pacers owner
Net worth IncreaseUS$2.9 billion (September 2015)[3]
Spouse(s) First wife unknown (divorced)
Diane Meyer (divorced)
Porntip Bui Nakhirunkanok
Children Ten
--two with first wife
--three with Meyer
--two with Nakhirunkanok
--three adopted children
Parent(s) Max Simon
Mae Simon
Family Melvin Simon (brother)

Herbert "Herb" Simon (born October 23, 1934) is an American real estate magnate. He resides in Indianapolis, Indiana. He was educated at the City College of New York. He is the owner of the Indiana Pacers, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010 he purchased Kirkus Reviews.[4]

Early life and education

Simon was born to a Jewish family[5] in Williamsburg, Brooklyn and grew up in the Bronx, the son of Max and Mae Simon.[1] His father was a tailor who had emigrated from Central Europe. His brother is the late Melvin Simon. Herbert Simon graduated from The City College of New York with a B.B.A. in Business.[2]

Personal life

Simon has been married three times first wife, Sheila Simon and has seven children.[6] Simon has two children from his first marriage[7] including Stephen Howard Simon, founder of Simon Equity LLC[8] who is married to artist Catherine Garvey Simon.[9]

In 1981, Simon married Diane Meyer, political staffer for Senator Birch Bayh of Indiana.[7] She was previously married to N. Stuart Grauel, the then Deputy Secretary of State of Indiana.[7] They divorced in 2000.[7] They have three children:[7]

In 2002, Simon married Porntip Bui Nakhirunkanok (born February 7, 1969, Bangkok, Thailand), Miss Universe 1988. They have two biological children and have also adopted the three children of Porntip Bui Simon's sister who is deceased.[10][11]

Indiana Pacers

In 1983, Simon and his brother, Mel, purchased the NBA's Indiana Pacers. He is also the owner of the WNBA's Indiana Fever.


  1. 1 2 Indianapolis Star: "Mel and Herb Simon - mall developers, owners of the Indiana Pacers" June 2004
  2. 1 2 "Simon Youth Foundation Elects Lena Barkley, Dr. Leslie Fatum, Jeff Kucer to Board of Directors: Herbert Simon, David Simon, the late Melvin Simon named Honorary Board Member", press release, Simon Youth Foundation, February 25, 2014
  3. Forbes The World's billionaires: Herbert Simon September 2015
  4. Swiatek, Jeff. "Herb Simon, in literary stab, buys Kirkus Reviews". Retrieved 11 February 2010.
  5. Louisville Insider: "The Simons versus the Runyons explains how Indianapolis became the city Louisville should have been" By Terry Boyd February 6, 2012
  6. Forbes: The World's Billionaires: Herbert Simon September 2012
  7. 1 2 3 4 5 6 7 8 Diane Meyer Simon website retrieved March 17, 2013
  8. Businessweek: "Executive Profile - Stephen H. Simon" retrieved April 28, 2014
  9. Camel Arts and Design retrieved April 28, 2014
  10. Angel Wings Foundation retrieved March 18, 2013
  11. Bui Simon website retrieved March 18, 2013
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