Updated 1:30 PM EDT, Tue July 9, 2019
Ross Perot, the billionaire tycoon who ran for president twice as a third-party candidate, died Tuesday, July 9, a family spokesman confirmed to CNN. He was 89 years old.
In the 1992 election, Perot received nearly 19% of the vote and finished third behind winner Bill Clinton and incumbent President George H.W. Bush. He ran again in 1996 and got 8% of the vote.
Perot was a billionaire by his mid-50s after selling a controlling interest in the data processing business that he founded. In 1968, Fortune magazine called him the "fastest, richest Texan" and put him on the cover.
In 1969, his efforts to deliver goods to US prisoners of war in North Vietnam brought the treatment of POWs into the spotlight.
"In business and in life, Ross was a man of integrity and action," family spokesman James Fuller said in a statement Tuesday. "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."