How Wealthy Are These Family Dynasties?

Published on May 14, 2019 By Chloe Draws

The Simmons Family

Fortune: $5.4BBusiness: Contran CorporationIndustry: 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.