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David Simon (CEO)

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David Simon
David Simon, CEO Simon Properties L.P.
BornAugust 1961[1]
DiedMarch 22, 2026(2026-03-22) (aged 64)
EducationIndiana University, Bloomington (BA)
Columbia University (MBA)
Spouse
Jacqueline Freed
​
(m. 1986)​
Children5
FatherMelvin Simon
RelativesPaul Skjodt (brother-in-law)

David E. Simon (August 1961 – March 22, 2026)[1] was an American billionaire real estate developer, chairman, and chief executive officer (CEO) of Indianapolis-based Simon Property Group, an S&P 100 company and the largest U.S. publicly traded commercial real estate company.

Early life

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Simon was born in August, 1961[1] the son of Jewish American real estate developer and founder Melvin Simon and his first wife Bess (née Meshulam).[2] He was educated at North Central High School and obtained a B.S. degree from Indiana University in 1983 and an M.B.A. from Columbia University's Graduate School of Business in 1985.[3][4]

Career

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Simon started his career at First Boston.[5] From 1988 to 1990, he worked at Wasserstein Perella & Co. as a vice president.[6]

In 1990,[7] he joined Simon Property precursor Melvin Simon & Associates as Chief Financial Officer. In 1993, he led the efforts to take Simon Property Group public with a nearly $1 billion initial public offering that, at the time, was the largest real estate stock offering. He became CEO in 1995 and chairman in 2007. He was a past chairman of the National Association of Real Estate Investment Trusts (NAREIT) leadership team[8] and a onetime trustee of the International Council of Shopping Centers (ICSC). In 2000, he was inducted into the Indiana University Kelley School of Business Academy of Alumni Fellows.[9]

Philanthropy

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In 2013, he donated $5 million to support the construction of Columbia Business School's new facilities.[10]

Personal life and death

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In 1986, he married Jacqueline Susan Freed.[11][12][13] They had five children.[14][15]

Simon died from cancer on March 22, 2026, at the age of 64.[16]

References

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  1. ^ a b c King, Kate; Kapner, Suzanne (2026-03-23). "David Simon, Mall King Who Was Both Feared and Admired, Dies at 64". The Wall Street Journal. Retrieved 2026-03-24.
  2. ^ Indianapolis Star: "Simon’s daughter sues widow over will - Complaint says billionaire’s 2nd wife coerced him into signing new estate plan favoring her" by John Russell Estateofdenial.com, January 9, 2010[dead link]
  3. ^ "David Simon, CEO of Simon Property Group (SPG), Earns $1.2 mil". Forbes.com. Retrieved 13 January 2018.[dead link]
  4. ^ Lindquist, Dave (May 31, 2024). "Simon Property Group CEO David Simon being treated for cancer". Indianapolis Business Journal.
  5. ^ "National Real Estate Investor". Nreionline.com. Archived from the original on 2011-07-21. Retrieved 13 January 2018.
  6. ^ "Sheikha Mozah Bint Nasser Al-Missned". People.forbes.com. Archived from the original on 13 April 2009. Retrieved 13 January 2018.
  7. ^ "David Simon". Archived from the original on 2017-09-24. Retrieved 2017-09-24.
  8. ^ "Nareit Leadership Team". Nareit. Retrieved 2019-02-04.
  9. ^ "Honoree: Search Awards: University Honors & Awards: Indiana University". honorsandawards.iu.edu. Archived from the original on 2019-02-07. Retrieved 2019-02-04.
  10. ^ "David E. Simon Pledges $5 Million toward Manhattanville". Newsroom. 2013-10-23. Retrieved 2019-12-27.[dead link]
  11. ^ "Jacqueline S. Freed to WedDavid E. Simon Next June". The New York Times. 17 March 1985. Retrieved 13 January 2018.
  12. ^ "Simon family contributes major gift for life sciences building". Archived from the original on 2009-03-11. Retrieved 2009-10-15.
  13. ^ "Life Sciences Building in Bloomington". Newground.iufoundation.iu.edu. Archived from the original on 2009-03-10. Retrieved 13 January 2018.
  14. ^ Indianapolis Business Journal: "Simon Property CEO uses hard-nosed style to excel at acquisitions" by Cory Schouten Ibj.com, March 6, 2010
  15. ^ Jewish Federation of Greater Indianapolis: "The Hebrew University of Jerusalem Dedicates Simon Family Dormitory at New Scopus Student Village - Hebrew U Recognizes the Generosity of Family Behind Simon Property Group" Archived 2013-10-29 at the Wayback Machine Jfgi.org August 22, 2007
  16. ^ "Simon Property Group Announces the Passing of David Simon". PR Newswire. 23 March 2026. Retrieved 23 March 2026.