The Simmons Family
Fortune: $5.4B
Business: Contran Corporation
Industry: Financial
Famous Member: Dee Simmons
The Simmons family effectively made its money through corporate raiding. Harold Simmons Sr. worked at a drug store and bank examiner until he created his own capital company.
The company started completing corporate takeovers, with some being more successful than others. Either way, today the Simmons family can boast a great fortune which is often used for philanthropic causes. For example, they have donated $200 million to the University of Texas’ Southwest Medical Center.
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