Ross Perot as a Leader
Many see the 61-year-old Texas billionaire Ross Perot as the saving grace to a nation of high unemployment, low literacy, and inept national leadership. With a credibility of $3 billion net worth, people hoped that he would run the government as efficiently as he had run his own businesses. In 1962, he founded Electronic Data Systems Corp with $1,000. He later sold it to General Motors for $ 2.5 billion and a seat on GM’s board. However, GM bought back his stake due to clashes with the chairman. Later, Hewlett-Packard acquired the company. He made another billion-dollar company called the Perot ...
