Texas billionaire and former presidential candidate Ross Perot dies

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SACRAMENTO, CA – JULY 11: Former U.S. presidential candidate H. Ross Perot holds up a document during his testimony before a California Senate committee July 11, 2002 in Sacramento, California. A California Senate committee is investigating the state’s energy crisis and any role played by Perot Systems as well as power suppliers. Perot denied that his consulting company showed power suppliers how to manipulate California’s energy market to drive up wholesale prices. (Photo by Justin Sullivan/Getty Images)

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DALLAS – H. Ross Perot, the colorful, self-made Texas billionaire who twice ran for president, has died.

Family spokesman James Fuller says Perot died early Tuesday. He was 89.

Perot rose from Depression-era poverty to become one of the nation’s richest men as the founder of computer services giant Electronic Data Systems Corp.

In 1992, Perot jumped into the presidential campaign as an independent candidate, challenging President George H.W. Bush and Democrat Bill Clinton.

Perot drew nearly 19% of the vote, the biggest percentage for a third-party hopeful in 80 years. Republicans blamed him for Bush’s defeat.

He had founded EDS in 1962 and sold control of it to General Motors for $2.5 billion in 1984. He later founded another company, Perot Systems.

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