Perot once lost more than $450 million on paper during a stock market dip in 1970.Independent presidential candidate Ross Perot holds up a copy of the famous Chicago Daily Tribune front page declaring Thomas Dewey the winner over Harry Truman in the 1948 presidential election 01 November 1992 during a rally in California.
He founded his first company, Electronic Data Systems, in 1962. It primarily provided outsourced IT services for companies, as well as consulting. EDS went public in 1968. When EDS was still public, its stock took a major hit in 1970 and Perot lost more than $450 million on paper, according to
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A super bright guy with integrity and a great work ethic.