I love entrepreneurs, people who have the drive and the passion to do well, says Simon, founder and chairman of Atlas Oil Co. and Simon Group Holdings. In 2009. , he and Nada founded the Sam & Nada Simon Foundation. He bought the building in 2009 at the bottom of the market. Creativity, innovation and a willingness to embrace new ideas and challenges guides his every action. sam simon net worth atlas oil. Five years later, he acquired a fuel truck for $30,000, using a cash advance from a credit card, and launched Atlas Oil. Today, Atlas Oil is the largest independent oil company in Michigan, with annual sales of more than $100 million. Seven years later they married. For more information or to explore partnership opportunities click here. Simon came to America from Armenia at age 9 with his parents and four siblings. She lived with an Uncle and worked at his grocery store while studying at Grosse Pointe South High School. Take your time but hurry up. Get them away and sit down with them in a different environment so they can loosen up and speak honestly. Victor has completed 7 full Marathons, loves to bike, and regularly attends at the Catholic Church: Saint Hugos of the Hills. taught us was to always conduct ourselves and our businesses with integrity. She is from France. Gerry King brings extensive experience in EHS, HR, and Risk Management to the role of VP, HR, EHS and Risk for Simon Group Holdings. According to his LinkedIn, he graduated in 2002. Space for a computer lab inside 335 E. Maple in Birmingham. But before he agreed to sell, he said, I have to believe in you, and I said, I wont let you down. I still have his letter when we paid off the whole thing. Atlas Oil Chairman and CEO Sam Simon will retain a significant ownership stake in Empire and join its board of directors in an influential role as part of the merger. With a combination of over $75 million, Victor continues to manage the three funds and is a fundamental part of the continuing growth of the Simon Family Office. . Click below to see everything we have to offer. Instead, they took on jobs (at newspapers, for example) to support themselves and contribute to society, despite the bullying and cultural differences the young Sam faced. Originally from Kyiv, Ukraine, Biana moved to the United States in 1979. DealTalk: Trends, Insights & Alternative Investments, SmartTalk: Inside The Minds of Top Business Leaders. Atlas provides nationwide fuel supply and logistics services backed with personalized, local support to its customers and clients, with remote operational locations and company owned fleets located throughout the country. She served as President and Vice President of the Parents Association during her 17 years volunteering with the Detroit Country Day Schools. Kenyon will remain as a Strategic Advisor for Simon Group Holdings and its subsidiaries. panys strategy including leading the overall product and technology strategy, creating the go-to-market strategy, partnership collaboration, and recruiting and developing the organization. But upon arriving here, Ramzi went to work at a friend's gas station in Detroit at Six Mile and Hoover. He and his wife Barb have two daughters, Stephanie and Samantha, both married, who live in South Lyon, MI and St. Louis, MO respectively. Before co-founding Vesta, its CEO, Daniel McMurtrie had been vice president and general manager of Champion Home Builders Inc. in Troy from 2008-2014; Vesta COO Billy Hall was chief estimator and construction manager at Champion. A Simon Group Holdings company. In 2007, Sam created Atlas Cares, which supports Detroit organizations and encourages . A firm believer in our total wellness approach, Silke remains active through group fitness, including the SGH teams weekly yoga class. He has handled hundreds of cases, trials, case evaluation hearings and court appearances. Mike has assisted many community organizations including the Harvest Temple Cass Corridor Outreach group, a feeding program for the homeless; the World Vision Organization; the Detroit Rescue Missions Ministry; the Salvation Army; and the American Red Cross. From there, the company grew to 30 service stations, which Simon began to manage in 1980 while he was still a junior in high school. Atlas Oil Founder, Chairman & Owner 1985. He is also recognized annually as one of the top business leaders in Metro Detroit by DBusiness Magazine, and was featured in Crains Detroits American Dreams issue, which honors immigrant entrepreneurs who have made strides in our community (2018). EXECUTIVE DIRECTOR for CHAIRMAN / CEO - SAM SIMON, If you want to make a difference in the lives of the people you lead, you must be willing to w, alk alongside them, to lift and encourage them, to sha, re moments of understanding with them, and to spend time with them, not just shout down at them from on high., Gerry began his career in EHS consulting before moving into the automotive/transportation industry, where he spent the next 35 years working in multiple roles that not only covered all aspects of EHS, but also included numerous multi-disciplinary assignments in Human Resources, Engineering, Risk Management and Operations. At first, she refused. She also served on the Harvard Kennedy Schools Womens Leadership Board for 10 years, working with other women leaders to achieve gender equality, diversity and advancement of women. country that has provided them with such tremendous opportunity. Since our founding in 1985, Atlas has grown through technological and operational innovation, all while maintaining our unwavering commitment to . Oil is a resource under the generic Oil type of resources. One of only two real estate magnates on The Forbes 400 to see his net worth shrink since September 2020the other being Jane Goldman, head of the Goldman clan of New York residential real estate . "When you are blessed in life, it is your duty to bless others in return.". His partner and co-founder, David Berman, had an introductory meeting with Simon and his investment team in July. Their signature event is an annual Christmas party at the Selfridge Air Force Base to celebrate local service families for selflessly serving our country. This requires stand-by response in case of generator failure, as well as customers that provide socially critical roles, such as hospitals, telecommunications, utilities and Fortune 500 organizations. I gave people freedom to make mistakes. During the 2008 economic downturn, Victor led in the acquisition of British Petroleum service stations in NW Indiana and Chicago, where he was responsible for over $100 million in acquisition and disposition transactions. Year: Net Worth: 2019: $16 Million : 2020: $16.5 Million: 2021: 17 Million: Its distinct business units within the company serve customers nationwide. "Sam has a long history of innovation and growth, and we look forward to capturing his entrepreneurial energy and vision.". Mr. Simon also held prior positions as a Business Development and Technology Strategist at Oracle Corp, Founder of Pure Pili, and has received a Masters Degree from Harvard University and an undergraduate degree in Economics from the University of Michigan. Gerry began his career in EHS consulting before moving into the automotive/transportation industry, where he spent the next 35 years working in multiple roles that not only covered all aspects of EHS, but also included numerous multi-disciplinary assignments in Human Resources, Engineering, Risk Management and Operations. Simon now has 68 trucks, 14 sales representatives, 113 employees and one of the largest pipeline terminals and petroleum storage operations in the state, with 14 million gallons of storage. "We have always strived for innovation and progression as a company and our partnership with Empire creates immediate scale and future opportunities," Simon said. In 2007, Sam and Nada Simon created Atlas Cares, a program where Atlas Oil team members, . Find contact details for 700 . A born leader, he brings a unique combination of strategic, financial and operating credentials to Simon Group Holdings. As of 2023, Sam Simon's net worth is under review. Atlas Oil has an overall rating of 2.2 out of 5, based on over 157 reviews left anonymously by employees. Robbie is a graduate of Suffolk University Law School (Boston, MA) where he earned a J.D. But, before we delve into the details of his job, let's go through his education at first. Parts of floors were cut out to open the space up and increase the interior light. All rights reserved. Atlas Oil Chairman & CEO Sam Simon made the announcement. Net Worth: $100 Million. Canada's Richest People: The Complete Top 100 Ranking. "We've begun to share opportunities with them, and we're thinking about potential investments we can do together," said Berman. With direct operational oversight of over 40 fleet trucks and 1,365 accounts, including CVS, Spartan Food, Kroger, Farmer Jack, and Costco Club, Victor was an integral part of Great Lakes Ice Company becoming the second largest ice manufacturer in state, and eventually selling to the number one ice company in 1995. With a Crains Detroit Subscription you get exclusive access, insights and experiences to help you succeed in business. "He's a father figure for Atlas. Go all the way down to the receptionist, who will tell you a lot more. - Jon Gordon. Better than most, Sam Simon, Chairman and CEO of Simon Group Holdings (SGH), knows the real meaning of the American dream. In reflecting back Sam unequivocally states My dad is my biggest Printer Friendly View Address: 335 E Maple Rd Birmingham, MI, 48009-6305 United States See . Sams perseverance paid off, however, and Atlas is now a US$1 billion-plus-a-year oil wholesaler with 600 employees, operating under the umbrella of SGH, a company with interests across a diverse field of energy solutions. Simon's private equity team includes his brother, Victor, the executive vice president of real estate; Vice President Paul Schapira, a longtime area banker and investor who had been Simon's lender in the 1990s while with the National Bank of Detroit; Michael Evans, an executive vice president and COO who previously was president of Atlas Oil; and Steve Rochowiak, vice president of business strategy who formerly was with the Ford family office. With Victors geographical focus primarily in the Midwest, he has accomplished a successful track record in managing and repositioning distressed and under-performing retail and bank receivership properties. Thousands still in the dark; meteorologists tracking Monday storm, Utilities progress in power restoration efforts; more than 200,000 still without electricity, More than 700,000 without power as ice storm wallops Michigan, Dittrich Furs sells Bloomfield Hills building, will consolidate into Midtown Detroit store, Otus Supply restaurant and live music venue in Ferndale closes, DTE seeks double-digit rate hike after setback in last case, Bedrock ready to demolish existing Wayne County jail site, Capitol Park building designed by Albert Kahn to add 4 floors, get new facade. In July, it bought 76 modular classroom units out of bankruptcy in Florida and immediately leased them to the schools. The CEO Magazine is more than a business title; its a source of information, inspiration and motivation for the worlds most successful leaders, executives, investors and entrepreneurs. One of the developers of the popular animated comedy television series The Simpsons. We constantly get in the room with strategic partners and suppliers, says Bob. Because for Sam, money isnt everything. We have so many businesses and so many strategies and good, solid people behind the scenes. Thats what keeps me going focusing on the right opportunities. Atlas Oil Company also provides other relates services including logistics/customer service, commercial transport delivery, fleet fueling, home heating, safety and compliance, and maintenance solutions. Atlas handles unbranded gasoline and petroleum products and branded products for the major gas companies, such as Chevron, Marathon and Texaco. However, as the company grows, striving for the lofty goal of a presence beyond the US, it will be a challenge to maintain the entrepreneurial spirit of the company, its cultural key since Sam founded Atlas in 1985. His in-depth international experience leading integration teams for new business acquisition, M&A activity and regulatory compliance has created strong leadership skills centered on customer service and generating common focus through coaching, team building and objective setting. Simon . That means if we connect the dots, we look at strategic alliances and strategic people and ways we can enhance the business. "I love investing in people. Sam Simon Atlas Oil overall profits are growing every day, and he is also becoming more popular. New Halifax Mooseheads majority owner Sam Simon has a diverse business background that goes back nearly four decades. Industry: Energy & Utilities. Complex aromas of blackberry, plum, spice and earth give way to a . Taylor, MI 48180. Take your time but hurry up. There is always a risk in everything that you do. He has invested about a third of the $75 million. They havent done a deal and they have money and that often leads to bad deals. Prior to joining SGH, Silke was on the Atlas Oil Company team. Then well go back and try to incorporate those things into our strategic plan.. biotechnology. Not the Sam Simon you were looking for? 4 All About The Creator Of Simpsons; 5 celebritynetworth.com; 6 Sam Simon Wiki, Married, Family, Wedding, Salary; 7 PRIVATE EQUITY - Simon Group Holdings Robbie Rankey is an experienced project manager and executive that brings 15+ years of strategic solutions to complex issues at the highest levels in public and private industry. Never give up.. Simon Group Holdings (SGH) was created in 1985 with the founding of Atlas Oil Company by Sam Simon. Simon, 52, was speaking from his office on the second floor of the historic former St. Clair Edison building on Pierce Street. When somebody thinks of fuel, we want them to think of Atlas. The Foundation is focused on providing direct support to their local communities, including an emphasis on active-duty military personnel, veterans, local law enforcement, immigrant families, and supporting deserving youth with academic scholarships and leadership development opportunities in the communities that the Simon family live and work in. The first floor is rented to a retailer, with Simon's office an eye-catching space complete with a large wine cellar of exposed brick and a large kitchen with a long, U-shaped marble counter where he can offer lunches or dinners made by his personal chef to business partners or those he is wooing. Silke received her masters degree in accounting from Walsh College. I negotiated with the guy who had been very successful in steel fabricating. My whole plan when I started Atlas Oil was to fill a need. She served as President and Vice President of the Parents Association during her 17 years volunteering with the Detroit Country Day Schools. It has an active real estate division, and is engaged in transportation logistics and fueling including bulk, fleet, event, onsite, and oil field services. 42,632 . She immigrated to the United States at 13 years old. In 1985, at age 22, he started his business with one truck, selling petroleum products and commercial fuels. Fortune down 53% since 2000 (back then: $36 billion). In May, Soaring Pine bought Chicago-based Technology Solutions Inc., a provider of field services for cable TV companies, and rolled it into the new platform, run by CEO Jerry McCoy and COO Bill Fenton. 1 Atlas Oil founder Sam Simon: How to maximize your deals; 2 How Much The Famous Producer Earns? People like you and us tend to be happy with just one house, but Simon Cowell has a house on almost every continent. Victor also led his management group in the ground-up construction of 23 turnkey stations in Michigan, Illinois, and Arizona, as well as managing the development of retail centers and standalone commercial buildings including Starbucks stores and Chase Banks in Michigan. MSU to limit access to East Lansing campus in wake of shooting. Simon has been honored with many recognitions for his success in business, including: Entrepreneur of the Year from Ernst & Young (1999), Economic Bridge Builder of the Year from the American Arab Chamber of Commerce (2016), Visionaries of Detroit from Fortune Magazine (2010), Outstanding Business Leader from Northwood University (2018. Mike Evans has worked closely with Simon Group Holdings Founder and Chairman Sam Simon for 20 years. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. He lived nearby and was looking for a showcase office and, at a mile from his home, a much shorter commute than the drive to Taylor. Sam Simon is the Founder and Chairman of Simon Group Holdings. I spent the time to hire the best people and to understand how to build processes and continually improve and things grew from there. The RG OG's. Feb 21, 2018. Gerry and his family m. oved from Canada to Michigan in 1999. The addition of the Atlas retail business will significantly enhance Empire's fuel volumes while strengthening its relationships with branded partners, including Marathon, ConocoPhillips, CITGO and BP. Founder, Chairman & Owner on LinkedIn on Twitter. #7. "I gave them the tools and the freedom to do their jobs. The last of the four stations was sold in June; investors ended up making a profit of $2.2 million. He and was a television producer and director, actor, cartoonist and professional poker player, as well as a philanthropist, but best known for creating the . Its a huge reward when you see your team successfully growing with you, and seeing your companys opportunities growing. But Sam, Bob and the rest of the SGH leadership team will no doubt do everything in their power to maintain this culture after all, its the reason Sam does what he does. Though his grandfather had owned a BP station in Iraq, his father, Ramzi, had been in the shoe business. 19% of employees would recommend working at Atlas Oil to a friend and 21% have a positive outlook for the business. At the time, all the family had was a US$200 debt for their flights and basement accommodation in the home of Sams fathers friend. Simon emigrated to the U.S. from Iraq when he was 9. Contact Information. A nine-year-old Sam Simon arrives in Detroit, Michigan on Sept 27, 1973 The Simon family launches Great Lakes Ice Company The Simon family purchases their first gas station A 20-year-old Sam Simon begins providing Kerosene to 12 gas stations . He spent $7 million on the building and its renovation. He manages a core group that originates, structures, and negotiates acquisitions and dispositions, as well as leads the turnaround and repositioning of distresse. Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments. Prior to that, he practiced commercial litigation and debtor creditor law for 15 years with the Metro Detroit Law Firm of Muller, Richmond, Harms, Myers & Sgroi, P.C. Modern furniture and details like this pattern on a couch are throughout the renovated 335 E. Maple in downtown Birmingham. Successfully growing with you, and we look forward to capturing his entrepreneurial energy and vision. `` Simon. Based on over 157 reviews left anonymously by employees he started Simon Group Holdings Founder and Chairman of Simon Holdings. & # x27 ; s Richest people: the Complete Top 100 Ranking in 1985 with the Country... 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