Billionaire and former presidential candidate Ross Perot dies at 89



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This 1992 archival photo shows H. Ross Perot, presidential candidate, at a rally in Austin, Texas.

AP

Billionaire philanthropist and independent presidential candidate Ross Perot died at age 89, CNBC confirmed.

Perot, a presidential candidate twice in 1992 and 1996, died after five months of battle against leukemia, said James Fuller, representative of the Perot family.

"In business and in life, Ross was an honest and active man, a true American patriot and man of rare vision, compassion, and tenacity. Countless people by its unwavering support for its charitable efforts, "Fuller said in a statement.

Perot is survived by his wife Margot, five children and 16 grandchildren.

Perot was a young technology entrepreneur who founded his first company, Electronic Data Systems, in 1962, with a saving of $ 1,000. More than two decades later, he founded Perot Systems, an IT services provider, which was bought by Dell in 2009 for $ 3.9 billion.

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