William E. Simon

Date of Birth: November 27, 1927

Zodiac Sign: Sagittarius

Date of Death: June 3, 2000

Biography

William E. Simon was an influential American businessman, public servant, and philanthropist who served as the 63rd Secretary of the Treasury under Presidents Richard Nixon and Gerald Ford from 1974 to 1977. Born in Paterson, New Jersey, Simon was a prominent figure in the financial world before his government service. He began his career at Union Securities in 1952, later joining Salomon Brothers, where he became a senior partner. His tenure as Secretary of the Treasury was marked by the challenges of the 1970s energy crisis and economic stagflation. After leaving public office, Simon became an advocate for free-market economics and continued to exert influence through various business ventures and his philanthropic efforts.

5 Interesting Facts about William E. Simon

1. William E. Simon was instrumental in the deregulation of energy prices during the 1970s.

2. He founded the investment firm William E. Simon & Sons after leaving government service.

3. Simon was a major proponent of supply-side economics.

4. He was awarded the Presidential Medal of Freedom in 1976.

5. Simon was a dedicated philanthropist, contributing to numerous educational and religious institutions.

5 Most Interesting Quotes from William E. Simon

1. “The nation should have a tax system that looks like someone designed it on purpose.”

2. “The American dream is not a sprint; it’s a marathon.”

3. “Good government is the product of good citizens.”

4. “Energy independence is the only way to ensure our national security.”

5. “The free market is not a zero-sum game; it’s a win-win for all participants.”

Highest Net Worth Achieved

At the height of his career, William E. Simon’s net worth was estimated to be over $300 million.

Children

William E. Simon had seven children: William E. Simon Jr., Peter Simon, Mary Beth Simon, J. Peter Simon, Teresa Simon, William F. Simon, and Megan Simon.