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Donor profile: Harold Simmons

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Ranking: 2

Total contributions to super PACs (includes wife and companies): $16.7 million*

Notable federal hard money and 527 contributions:

  • $2 million to Swift Boat Veterans for Truth (2004)
  • $500,000 to Progress for America Voter Fund (2004)
  • $2.9 million to American Issues Project (2008)

Notable state-level contributions: Simmons has donated hundreds of thousands of dollars to Texas Attorney General Greg Abbott and Lt. Governor David Dewhurst, plus more than $1 million to Republican Texas Gov. Rick Perry over the course of his political career.

Corporate ownership: Contran Corp.

SubsidiariesValhi Inc.NL Industries, Kronos Worldwide, Titanium Metals Corp., Waste Control Specialties, CompX International, Keystone Consolidated Industries.

Total spent on federal lobbying (2007-2011): $2.2 million, according to the Center for Responsive Politics.

Lobbying issues: Energy and nuclear power, hazardous and solid waste, environment and Superfund, real estate and land use, trade.

Family: Wife Annette Simmons, daughters Scheryle Patigian, Lisa Epstein, Andrea Swanson and Serena Connelly, two other children

Biography:

For a man worth more than $9 billion, Harold Simmons has had his share of problems. The owner of Contran Corp. nearly lost his fortune when his daughters sued him for control of the family’s wealth, and he has had to pay nearly $20,000 in fines for violating federal campaign contribution limits.

Simmons was born in 1931 in Golden, Texas, and graduated Phi Beta Kappa from the University of Texas at Austin. His first venture was the purchase of the University Pharmacy in Dallas. After 12 years, Simmons had turned one store into more than 100 and sold the chain to Eckerd for $50 million. Simmons was an early practitioner of the “leveraged buyout” or LBO — when an investor borrows heavily and takes an undervalued public company private and sells it for profit. He grew his fortune by buying and selling shares in a number of companies, including Amalgamated Sugar and Lockheed Corp.

In the mid-1990s, Simmons put all his wealth into trusts — ostensibly as a way to pass the wealth on to his children — but made himself the sole trustee, a decision criticized by legal experts interviewed by The New York Times. Simmons seemed to use the trust assets as his own and eventually ran into trouble with the Internal Revenue Service. As a result, his daughters Andrea and Scheryle filed a lawsuit against him in 1996. That lawsuit nearly cost him the fortune, according to the Times.

Simmons also ran into trouble with the Federal Election Commission in 1993 for violating the federal campaign contribution limit of $25,000 per year per individual, which resulted in him having to pay a $19,800 fine, according to FEC documents.

In addition to his super PAC giving, Simmons is a major contributor to conservatives’ campaigns, donating to Sen. Jon Kyl (R-Ariz.), Rep. Jeb Hensarling (R-Texas), Rep. Michele Bachmann (R-Minn.) and Sen. John McCain (R-Ariz.), among others. He also gave $3 million to Swift Boat Veterans for Truth, the group whose ads may have sunk Massachusetts Democratic Sen. John Kerry’s 2004 presidential campaign.

Most recently, Contran subsidiary NL Industries, a producer of the paint enhancer titanium dioxide, has been the subject of numerous lawsuits as a result of its environmental practices, according to D Magazine, a Dallas publication.

According to Forbes, the Texas House of Representatives approved a bill in 2011 that allowed Simmons’ Waste Control Specialists to import low-level radioactive waste from other states and dispose of the material at its facility in Andrews County, Texas — an area that sits atop four aquifers. The review process that preceded the signing of the bill was lengthy and complicated, and D Magazine suggests it was influenced by Simmons’ donations to groups that supported Gov. Rick Perry.

Last updated: April 25, 2012

*2011-2012 election cycle; source: Federal Election Commission

Harold Simmons, owner of Contran Corp. and Valhi, Inc. Alexandra Duszak http://www.iwatchnews.org/authors/alexandra-duszak

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