Who Is Herb Simon (businessman)? Age, Biography and Wiki
Herb Simon, born on October 23, 1934, is an influential American businessman known for his impactful presence in the real estate and sports industries. As of 2025, he is 90 years old. With a career spanning several decades, Simon has played a vital role in transforming and developing properties across the United States. He is perhaps best known as the owner of the NBA team Indiana Pacers and is recognized for his philanthropic efforts in his community.
| Occupation | Sports Executive |
|---|---|
| Date of Birth | October 23, 1934 |
| Age | 90 Years |
| Birth Place | New York City, U.S. |
| Horoscope | Libra |
| Country | U.S |
Popularity
Herb Simon (businessman)'s Popularity over time
Height, Weight & Measurements
While specific measurements may vary, Herb Simon stands at approximately 6 feet tall (183 cm). His weight is reported to be around 180 lbs (82 kg), reflecting a healthy physique for someone of his age. Throughout his career, Simon has maintained a professional appearance that aligns with his stature in the business community.
Family, Dating & Relationship Status
Herb Simon has been married to his wife, Marilyn Simon, for several decades. The couple has been an inspiring model of partnership in both their personal and professional lives. They have three children, furthering the Simon legacy in both business and community service. Simon maintains a relatively private family life, preferring to keep personal matters away from the public eye.
His father was a tailor who had emigrated from Central Europe. His older brother is the late Melvin Simon. His oldest brother is the late Fred Simon, who was the longtime leasing director at Simon Property Group. Herbert Simon graduated from the City College of New York with a B.B.A. in Business.
Net Worth and Salary
As of 2025, Herb Simon's estimated net worth stands at $1.5 billion, making him one of the wealthiest individuals in the sports and real estate sectors. The majority of his wealth stems from his successful ventures in real estate development and ownership of the Indiana Pacers, which has contributed significantly to his financial portfolio.
Career, Business and Investments
Herb Simon began his professional journey in the mid-20th century, initially working alongside his brother, Mel Simon, in real estate development. Simon Property Group, which he co-founded, became one of the largest publicly traded real estate companies in the world, specializing in shopping malls and retail properties. In addition to his real estate ventures, Simon's acquisition of the Indiana Pacers in 1983 marked a significant milestone in his career, ushering in a new era for the basketball franchise.
Simon's business strategy often emphasizes development, community involvement, and innovation, making him a respected figure in both the real estate and sports industries.
Herbert Simon (born October 23, 1934) is an American real estate developer. He resides in Indianapolis, Indiana. He was educated at the City College of New York and is the owner of the Indiana Pacers and Indiana Fever, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010, he purchased Kirkus Reviews.
Social Network
Although Herb Simon is not as publicly active on social media as some contemporary celebrities, he does maintain a presence on professional networks, primarily linked to his business ventures. He is often showcased in industry-related articles and interviews, where he shares insights based on his extensive experience in real estate and sports management.
Education
Herb Simon pursued his higher education at New York University, where he studied business. His educational background laid the foundation for his future successes in various business endeavors. Simon's practical experience has proved invaluable, demonstrating that both education and hands-on experience are crucial for success in the competitive worlds of real estate and sports.
