Herbert Simon 2 Net Worth is$2 Billion
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Profession: Businessperson
Date of Birth: 1934
Nicknames: Herbert_Simon
Country: Brooklyn
Herb Simon net worth: Herb Simon is an American real estate tycoon and sports team investor who has a net worth of $2 billion. Herb Simon is the owner of the NBA's Indiana Pacers. Herb Simon was born in New York City in 1934. He grew up in Williamsburg, Brooklyn, and attended the City College of New York. Herb and his brother Mel Simon founded the Simon Property Group, which is the largest real estate investment trust in the United States. Mel Simon died in 2009 and today Herb Simon is chairman emeritus of the Simon Property Group. The company primarily develops shopping malls and the Premium Outlet Centers. In 1983, Herb and his brother Mel purchased the Indiana Pacers of the National Basketball League. Herb Simon also owns the WNBA's Indiana Fever. In 2010, Herb Simon purchased Kirkus Reviews, the American book review magazine founded in 1933. Herb Simon has been married three times and has ten children. In 2002, he married Porntip Bui Nakhirunkanok, the former Miss Thailand who was also Miss Universe 1988. The couple have two biological children and adopted Porntip Bui Simon's sister's three children when she died. Herb Simon also has two children from his first marriage and three children from his second marriage.
Herbert Alexander Simon (June 15, 1916 ??? February 9, 2001) was an American political scientist, economist, sociologist, psychologist, and professor???most notably at Carnegie Mellon University???whose research ranged across the fields of cognitive psychology, cognitive science, computer science, public administration, economics, management, philosophy of science, sociology, and political science. With almost a thousand very highly cited publications, he is one of the most influential social scientists of the 20th century.
Simon was among the founding fathers of several of today's important scientific domains, including artificial intelligence, information processing, decision-making, problem-solving, attention economics, organization theory, complex systems, and computer simulation of scientific discovery. He coined the terms bounded rationality and satisficing, and was the first to analyze the architecture of complexity and to propose a preferential attachment mechanism to explain power law distributions.
He also received many top-level honors later in life. These include: becoming a fellow of the American Academy of Arts and Sciences in 1959; election to the National Academy of Sciences in 1967; the ACM's Turing Award for making "basic contributions to artificial intelligence, the psychology of human cognition, and list processing" (1975); the Nobel Memorial Prize in Economics "for his pioneering research into the decision-making process within economic organizations" (1978); the National Medal of Science (1986); and the APA's Award for Outstanding Lifetime Contributions to Psychology (1993).
As a testament to his interdisciplinary approach, Simon was affiliated with such varied Carnegie Mellon departments as the School of Computer Science, Tepper School of Business, Departments of Philosophy, Social and Decision Sciences, and Psychology.
Simon received an Honorary Doctor of Political science degree from University of Pavia in 1988
Simon received

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HISTORY, Oct. 13: Continental Congress orders creation of naval fleet

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