The growing menace of hackers gaining access to the financial system concerns Texas billionaire Ross Perot Jr. enough that he’s keeping key records in file drawers in case the Internet goes down.

Yet his perch as chairman of Hillwood, the largest landowner in the Dallas-Fort Worth region, helps him sleep at night.

“What I like about land is I can drive out and check on it,” Perot, 57, with a net worth of $2.1 billion on the Bloomberg Billionaires Index, said last month in an interview in his Dallas office. “It doesn’t go anywhere. It’s hard to steal land.”

Hillwood, the industrial property developer behind the Manhattan-sized AllianceTexas mixed-use development in North Texas, was founded in 1988 by Perot, the son of the computer-services magnate and two-time presidential candidate. The younger Perot first made a name for himself in 1982, the year after he graduated from Vanderbilt University, flying a helicopter called the Spirit of Texas around the world.

Read the Full Article: Source – Bloomberg
Browsing Privacy: (Bloomberg) – Cyber Threat Underscores Safety of Owning Texas Land, Perot Says

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