Harold Clark Simmons (born 1931, Golden, Wood County, Texas) is an American businessman and billionaire whose banking expertise helped him develop the acquisition concept known as the leveraged buyout (LBO) to acquire various corporations. He is the owner of Contran Corporation and of Valhi, Inc. , (a NYSE traded company about 90% controlled by Contran). As of 2006 he controlled 5 public companies traded on the New York Stock Exchange: NL Industries; Titanium Metals Corporation, the world's largest producer of titanium; Valhi, Inc. , a multinational company with operations in the chemicals, component products, wastemanagement, and titanium metals industries; CompX International, manufacturer of ergonomic products, and Kronos Worldwide, leading producer and marketer of titanium dioxide. According to Forbes, his net worth was about $5. 7 billion in 2011. Simmons' parents,Reuben Leon and Fairess Clark Simmons, were teachers who stressed the value of a good education. Simmons' father was a school superintendent, and his mother was an secretarial skills teacher. Simmons has BA (1951) and MA (1952) degrees in economics from the University of Texas at Austin. Simmons hold a Phi Beta Kappa key. Visit MeTee.com The place for publishing and printing t-shirts & always free shipping. Become a channel sponsor for 30 days for $1/day meseed.com Have any ad you want play in each video (any one video can go viral with tens-of-thousands of hits) Donate $1 to keep this channel going: meseed ...