Billionaire David Simon, Founder and CEO of Simon Property Group, Dies at 64

Tuesday, Mar 24, 2026 9:44 pm ET1min read
SPG--

David Simon, the billionaire CEO of Simon Property Group, the nation's largest mall developer and operator, has died at 64 after a battle with pancreatic cancer. He led the company for three decades and spearheaded over $40 billion in takeovers of other retail property companies. His son, Eli Simon, has been named as the new CEO and president, taking on a larger role in the company's operations.

Billionaire David Simon, Founder and CEO of Simon Property Group, Dies at 64

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