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Simon died of cancer on September 16, 2009, at the age of 82. [1] At the time of his death, his wealth was estimated at $1.3 billion. [1] After his death, a dispute over his most recent will arose between his children from his first marriage and his wife.
Sep 16, 2009 · Melvin Simon (October 21, 1926 – September 16, 2009) was an American businessman and film producer, who co-founded the largest shopping mall company in the United States, the Simon Property Group, with his younger brother, Herb Simon. The pair jointly purchased the Indiana Pacers in 1983.
Sep 18, 2009 · Melvin Simon, who helped shape suburbia by developing shopping malls, eventually owning more of them than anyone else in the world, died Wednesday in Carmel, Ind., a suburb of Indianapolis. He was...
Sep 16, 2009 · melvin Simon, who led what is now Indianapolis-based Simon Property Group Inc. for nearly 40 years and also owned the NBA's Indiana Pacers with his brother, died Wednesday at age 82, company...
- Early Life and Education
- Career
- Personal Life
- Awards and Honors
- References
Simon was born to a Jewish family in Williamsburg, Brooklyn and grew up in the Bronx, the son of Max and Mae Simon. His father was a tailor who had emigrated from Central Europe. Simon graduated from the Bronx High School of Science and earned a degree in accounting from the City College of New York in 1949. He then served in the US Army where he w...
Real estate
After a few years as a leasing agent and having handled leasing at several shopping centers, he formed his own leasing company in 1959 with his younger brother Herb, Melvin Simon & *ociates. Melvin owned 2/3rd of the business and Herb the remainder. They started out by developing strip centers anc*d by groceries and drugstores; they soon graduated to developing fully enclosed malls. By 1967, they owned and operated more than 3 million square feet of retail property and expanded nationally. Hi...
Movies
In the 1970s, Simon expanded into producing films with Melvin Simon Productions but ended up losing millions of dollars in what he later called a "big mistake". He produced the 1982 adolescent comedy Porky's. Movies produced by Melvin Simon Productions: 1. The Chicken Chronicles(1977) 2. Rabbit Test(1978) 3. The Manitou(1978) 4. Blood & Guts(1978) 5. Matilda(1978) 6. Somebody Killed Her Husband(1978) 7. The Third Walker(1978) 8. Wolf Lake(1978) 9. When You Comin' Back, Red Ryder?(1979) 10. Do...
Indiana Pacers
In 1983, the Simons bought the NBA franchise, the Indiana Pacers.
Simon was married twice. His first wife was Bess Meshulam. They later divorced. They had three children: Deborah Simon, Cynthia A. Simon Skjodt, and David E. Simon (born 1961), who became chairman and CEO of Simon Property Group. In 1972, Simon married Bren Burns and adopted Burn's daughter, Tamme McCauley. They also had a son, Joshua Max, who died...
Golden Plate Award of the American Academy of Achievement, 1988Jewish Welfare Federation's “Man of the Year”The Horatio Alger AwardCentral Indiana Business Hall of FameDavid SimonHerbert SimonMelvin SimonList of propertiesSep 17, 2009 · Melvin Simon, who started what is now the country’s largest shopping mall company and owned the NBA’s Indiana Pacers with his brother, died Wednesday in Indianapolis, a spokesman said. He was...
Mel Simon was the son of an immigrant family who grew up in the Bronx and rose to co-found the world’s largest shopping mall company. His commitment to giving, which actually began long before his extraordinary business successes, has over the years enriched every community in which he lived and worked.