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David E.Simon is an Jewish American businessman, the CEO of the Simon Property Group for more than 17 years. His Net Worth is estimated to be $1 billion.

He is the son of Jewish American real estate developer Melvin Simon and his first wife Bess. He 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.

In 1990, he joined the company his father has founded called Melvin Simon & Associates as their Chief Financial Officer. 3 years later, the company went public as Simon Property Group with a close to $1 billion Initial Public Offering, the largest at the time. He became the CEO in 1995, and a Chairman in 2007.

He is married to Jacqueline Susan Freed with whom he has five children.

Earnings & Financial Data

Date

Category

Description

Amount

2011

Bonus

Stock Award for 2012

$131,939,768

2011

Salary

Salary as the CEO of the Simon Property Group (Includes a $4 Million Bonus)

$6,510,000

2011

Asset

Value of his Shares in the Simon Property Group at the time (0.21%)

$89,800,000