Herb Simon

Herbert Simon (born October 23, 1934) is an American real estate developer. He resides in Indianapolis, Indiana. He was educated at the City College of New York and is the owner of the Indiana Pacers, Indiana Fever, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010, he purchased Kirkus Reviews.

As of August 13, 2026, Forbes has estimated his net worth to be around US $7.8 billion.

Early life and education He was born to a Jewish family in Williamsburg, Brooklyn and grew up in the Bronx, the son of Max and Mae Simon.

In 1981, Simon married Diane Meyer, political staffer for Senator Birch Bayh of Indiana.

Indiana Pacers In 1983, Simon and his brother Mel (1927–2009) purchased the NBA's Indiana Pacers from Sam Nassi and Frank Mariani, who were planning to either sell to outside interests or return the team to the league. He is also the owner of the WNBA's Indiana Fever, a role he formerly jointly shared with his nephew David (Mel's son), until David's death in March 2026. and formerly owned the USL's now defunct Reno 1868 FC.

On April 6, 2024, the Naismith Memorial Basketball Hall of Fame announced that Simon would be inducted into the Hall later that year as a contributor.