Contents 1 Early life and education 2 Career 2.1 Real estate 2.2 Movies 2.3 Indiana Pacers 3 Personal life 4 References

Early life and education[edit] Simon was born to a Jewish family[3][4] in Williamsburg, Brooklyn[5] and grew up in the Bronx, the son of Max and Mae Simon.[6] His father was a tailor who had emigrated from Central Europe. Simon graduated from the Bronx High School of Science and earned a degree in accounting from the City College of New York in 1949. He then served in the US Army where he was stationed at Fort Benjamin Harrison in Indianapolis in 1953. He supplemented his army pay working as a door-to-door encyclopedia salesman. After leaving the military, he decided to stay in Indianapolis and took a job as a leasing agent where he saw the potential in real estate.[1][6]

Career[edit] Real estate[edit] After a few years as a leasing agent and having handled leasing at several shopping centers, he formed his own leasing company in 1959 with his younger brother Herb, Melvin Simon & Associates.[6] Melvin owned 2/3rd of the business and Herb the remainder.[6] They started out by developing strip centers anchored by groceries and drugstores; they soon graduated to developing fully enclosed malls. By 1967, they owned and operated more than 3 million square feet of retail property and expanded nationally.[6] The Simons followed a very successful strategy. They would entice a large anchor tenant, typically a department store, to their planned mall by charging them less rent and then would use the contract to obtain bank financing for the construction usually with minimal investment from the Simons. Once the project was completed, the Simons would charge smaller stores a higher rate and also required that stores pay a premium over their rent if their sales exceeded pre-negotiated levels.[1] In 1993, Melvin Simon & Associates went public as the Simon Property Group raising $1 billion for the Simon brothers. At the time, this was the largest real estate stock offering ever made.[6] In 1996, the company merged with the DeBartolo Realty Corporation in a $3.0 billion merger becoming the Simon DeBartolo Group. In 1998, the company reverted to the Simon Property Group name[6] and maintains its title as the largest mall operator in the United States, owning 386 properties in North America, Europe and Asia; clocking 2.8 billion shopper visits each year, and having annual sales in excess of $60 billion.[1] The company, although publicly held, remained controlled by the Simon brothers.[1] Movies[edit] In the 1970s, Simon expanded into producing films but ended up losing millions of dollars in what he later called a "big mistake."[6] He is known for producing the 1982 adolescent classic Porky's.[1] Indiana Pacers[edit] In 1983, the Simons bought the NBA franchise, the Indiana Pacers.[citation needed]

Personal life[edit] Simon has been married twice:[7] His first wife was Bess Meshulam[7] They later divorced.[8] Bess (now Koby) remarried and later died of cancer in 1977.[9] They had three children:[7] Deborah Simon[7] Cynthia A. Simon Skjodt. She is married to Canadian Paul Skjodt, the owner of the Indiana Ice hockey team. He was a former professional hockey player with the Indianapolis Checkers of the International Hockey League. They have three children.[10] David E. Simon (born 1961), chairman and CEO of Simon Property Group[6] In 1972, he married Bren Burns and adopted Bren's daughter from a previous marriage, Tamme McCauley. They also had a son, Joshua Max, who died in 1999 at the age of 25. He was a member of the Beth-El Zedeck congregation in Indianapolis.[11] Simon died of cancer on September 16, 2009 at the age of 82.[1] At the time of his death, his wealth was estimated at $1.3 billion.[1] After his death, a dispute over his most recent will arose between his children from his first marriage and his wife. The will, signed with the physical assistance of a financial advisor, was amended seven months before his death. The revised will provided significantly more for Burns, and significantly less for his children by his first marriage, than previous versions.[7][12][13]

References[edit] ^ a b c d e f g h New York Times: "Melvin Simon, Pioneer of the Suburban Mall, Dies at 82" by DOUGLAS MARTIN September 18, 2009 ^ Davies, Tom (September 16, 2009). "Melvin Simon Dead: Pacers Owner, Mall Magnate Dies At 82". Huffington Post.  ^ Louisville Insider: "The Simons versus the Runyons explains how Indianapolis became the city Louisville should have been" By Terry Boyd Archived January 26, 2013, at February 6, 2012 ^ We Are Many: Reflections On American Jewish History And Identity By Edward S Shapiro page 122 ^ Martin, Douglas. "Melvin Simon, Pioneer of the Suburban Mall, Dies at 82", The New York Times, 18 September 2009. Accessed 17 March 2016. ^ a b c d e f g h i Indianapolis Star: "Mel and Herb Simon – mall developers, owners of the Indiana Pacers" Archived April 3, 2007, at the Wayback Machine. June 2004 ^ a b c d e 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 January 9, 2010 ^ ESPN: "Simon co-owned Pacers since 1983" September 16, 2009 ^ The Indy Channel RTV6 ABC: "Simon's Daughter Contests Will – Deborah Simon: Father Coerced Into Revised Estate Plan January 9, 2010 ^ Indiana Ice: Paul Skjodt President retrieved March 22, 2013 ^ Inside Indian Business: "Simon Remembered as 'Partner and Friend'" Archived April 11, 2013, at retrieved March 17, 2013 ^ Hudson, Kris; Silverman, Rachel Emma (February 10, 2010). "Mall Heirs Battle Over Will". The Wall Street Journal. Retrieved February 11, 2010.  ^ Indiana Business Journal: "Simon family fight breaks out over billionaire's fortune" by Greg Andrews January 8, 2010 v t e Simon Property Group v t e Simon Property Group malls in the western United States Alaska Anchorage 5th Avenue Mall Arizona Arizona Mills California Brea Mall Coddingtown Mall Del Amo Fashion Center Fashion Valley Mall Great Mall of the Bay Area Ontario Mills The Outlets at Orange Santa Rosa Plaza The Shops at Mission Viejo The Shops at Montebello Stanford Shopping Center Stoneridge Shopping Center Colorado Colorado Mills Nevada The Forum Shops at Caesars Meadowood Mall New Mexico ABQ Uptown Washington Columbia Center Mall Northgate Mall Tacoma Mall v t e Simon Property Group malls in the midwestern United States Illinois Gurnee Mills Orland Square Mall White Oaks Mall Woodfield Mall Indiana Castleton Square Circle Centre College Mall Fashion Mall at Keystone Greenwood Park Mall Hamilton Town Center Tippecanoe Mall University Park Mall Kansas Towne East Square Michigan Briarwood Mall Minnesota Miller Hill Mall Southdale Center Missouri Battlefield Mall Independence Center Ohio The Mall at Tuttle Crossing Summit Mall South Dakota Empire Mall Wisconsin Bay Park Square Southridge Mall v t e Simon Property Group malls in the northeastern United States Connecticut Crystal Mall Maine Bangor Mall Massachusetts Auburn Mall Burlington Mall Cape Cod Mall Copley Place Emerald Square Liberty Tree Mall The Mall at Chestnut Hill Northshore Mall Solomon Pond Mall South Shore Plaza Square One Mall New Hampshire The Mall at Fox Run Mall at Rockingham Park Mall of New Hampshire Pheasant Lane Mall New Jersey Livingston Mall Menlo Park Mall Newport Centre Ocean County Mall Quaker Bridge Mall Rockaway Townsquare The Shops at Riverside The Mills at Jersey Gardens New York The Galleria at White Plains Roosevelt Field Smith Haven Mall Walt Whitman Shops The Shops at Nanuet The Westchester Pennsylvania King of Prussia Mall Lehigh Valley Mall (majority-owned by Pennsylvania Real Estate Investment Trust, managed by Simon) Montgomery Mall Oxford Valley Mall Philadelphia Mills Ross Park Mall South Hills Village Springfield Mall (co-owned with PREIT, managed by PREIT) v t e Simon Property Group malls in the southern United States Arkansas McCain Mall Delaware Dover Mall Florida Aventura Mall The Avenues Coconut Point Coral Square Cordova Mall Dadeland Mall The Falls The Florida Mall Miami International Mall Pier Park Sawgrass Mills St. Johns Town Center Town Center at Boca Raton Treasure Coast Square Tyrone Square Mall Georgia Lenox Square Mall of Georgia Phipps Plaza Sugarloaf Mills Town Center at Cobb Louisiana The Esplanade Prien Lake Mall Maryland Arundel Mills St. Charles Towne Center Mississippi Northpark Mall Oklahoma Penn Square Mall Woodland Hills Mall North Carolina Concord Mills Southpark Mall South Carolina Haywood Mall Tennessee Opry Mills West Town Mall Wolfchase Galleria Texas Barton Creek Square Broadway Square Mall Cielo Vista Mall The Domain Firewheel Town Center Grapevine Mills The Galleria Galleria Dallas (managed with no ownership interest, owned by UBS AG) Ingram Park Mall Katy Mills Lakeline Mall North East Mall La Plaza Mall Midland Park Mall Virginia Apple Blossom Mall The Fashion Centre at Pentagon City Potomac Mills v t e Premium Outlets and Factory Stores outlet centers in the eastern United States All malls are suffixed with Premium Outlets unless noted otherwise. Florida Orlando International Premium Outlets Maryland Hagerstown Massachusetts Wrentham Village Michigan Birch Run New Hampshire Merrimack New York Woodbury Common Pennsylvania Grove City Philadelphia Virginia Norfolk Williamsburg v t e Premium Outlets and Factory Stores outlet centers in the western United States All malls are suffixed with Premium Outlets unless noted otherwise. Southern California Las Americas Minnesota Albertville Nevada Las Vegas North Oregon Woodburn Texas Round Rock v t e Premium Outlets and Factory Stores outlet centers in Canada Ontario Toronto Premium Outlets Quebec Premium Outlets Montreal David Simon Herbert Simon Melvin Simon Simon Property Group Headquarters List of properties v t e Indiana Pacers Founded in 1967 Based in Indianapolis, Indiana Franchise Franchise Team history ABA–NBA merger All-time roster Draft history Seasons Head coaches Current season Arenas Indiana State Fair Coliseum Market Square Arena Bankers Life Fieldhouse General managers Storen Weissert Leonard Vertlieb Salyers Walsh Kahn Morway Pritchard G League affiliate Fort Wayne Mad Ants Administration Herb Simon (Owner, Chairman and CEO) Kevin Pritchard (GM, President) Nate McMillan (Head coach) Retired numbers 30 31 34 35 529 (in honor of Leonard's total wins as Pacers coach) ABA Finals appearances 1969 1970 1972 1973 1975 NBA Finals appearances 2000 Culture and lore Pacers–Pistons brawl The Knick-Killer Dancing Harry Boomer Rivals New York Knicks Media TV Fox Sports Indiana Radio WFNI-AM Announcers Chris Denari Quinn Buckner Clark Kellogg Brooke Olzendam Mark Boyle Bob "Slick" Leonard Retrieved from "" Categories: 1926 births2009 deathsAmerican real estate businesspeopleSimon Property GroupNational Basketball Association executivesNational Basketball Association ownersAmerican film producersBusinesspeople from New York CityJewish American sportspeopleAmerican company foundersReal estate and property developersMembers of the United States National Academy of SciencesHidden categories: Webarchive template archiveis linksWebarchive template wayback linksUse mdy dates from December 2013All articles with unsourced statementsArticles with unsourced statements from January 2015Articles with hCardsArticles with unsourced statements from March 2016

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