10 Things You Didn’t Know About Herb Simon

Herb Simon is a renowned entrepreneur, philanthropist, and art collector. Known for his successful business ventures in the real estate industry, Simon has also made significant contributions to the arts and charitable causes. While many are familiar with his professional accomplishments, there are several lesser-known aspects of Herb Simon’s life that are worth highlighting. In this article, we will delve into 10 intriguing facts about Herb Simon that you may not have known.

A Passion for Basketball

1. Herb Simon has a deep passion for basketball. As the majority owner of the Indiana Pacers, an NBA team, he is actively involved in the organization’s operations and decision-making processes. Simon’s love for the sport is evident in his commitment to ensuring the Pacers’ success on and off the court.

2. In addition to his ownership of the Pacers, Herb Simon was instrumental in the development of Bankers Life Fieldhouse, the team’s state-of-the-art home stadium. Simon played a pivotal role in designing the arena to provide an exceptional fan experience and enhance the overall appeal of Indianapolis as a sports destination.

Commitment to Philanthropy

3. Herb Simon firmly believes in giving back to the community. Alongside his wife, Marilyn, Simon has made substantial contributions to various charitable causes. Their philanthropic efforts have spanned a wide range of areas, including education, healthcare, arts, and community development.

4. The Simons have been ardent supporters of the United Way, with Herb Simon serving as the organization’s board chairman for several years. Through their contributions and leadership, the Simons have helped improve the lives of countless individuals and families in need.

An Impressive Art Collection

5. Herb Simon is widely recognized as a prominent art collector. His collection is known for its diverse range of works by renowned artists, including Andy Warhol, Pablo Picasso, and Jackson Pollock. Simon’s passion for art extends beyond collecting; he has actively supported museums and exhibitions, contributing to the preservation and promotion of the arts.

6. One of the most significant donations made by Herb Simon was the gift of his extensive art collection to the Indianapolis Museum of Art, now known as the Newfields. This donation included over 800 pieces of artwork, making it one of the largest gifts of its kind in the museum’s history.

Interest in Real Estate

7. Before his successful career in real estate, Herb Simon began his entrepreneurial journey by selling washing machines. This early experience laid the foundation for his immense success in the business world.

8. Herb Simon co-founded the Simon Property Group, a global leader in the real estate industry. Under his guidance, the company became the largest real estate investment trust in the United States, with a vast portfolio of shopping malls and commercial properties.

International Ventures and Global Impact

9. In addition to his significant influence in the United States, Herb Simon has expanded his business ventures globally. Simon Property Group has developed and operates shopping centers in various countries, including Canada, Japan, Mexico, and South Korea.

10. As a dedicated advocate for environmental sustainability, Herb Simon initiated various green initiatives in Simon Property Group’s operations. The company has implemented energy-efficient technologies, renewable energy sources, and sustainable building practices to reduce its carbon footprint and contribute to a more sustainable future.

Herb Simon’s life and achievements extend far beyond his notable career in real estate. His passion for basketball, commitment to philanthropy, love for the arts, and dedication to environmental sustainability are just some of the lesser-known aspects that make Herb Simon a truly remarkable individual.

Useful Links:

Indiana Pacers Official Website
Bankers Life Fieldhouse Official Website
Newfields (Indianapolis Museum of Art) Official Website