[3] He is the eldest of American billionaire businessman and former United States presidential candidate Ross Perot's five children.

[9] In March 2007, presidential candidate Mitt Romney, seeking the Republican Party nomination, selected Perot as a member of his Texas finance committee.

In April 2020, Governor Greg Abbott named Perot to the Strike Force to Open Texas, a group "tasked with finding safe and effective ways to slowly reopen the state" during the COVID-19 pandemic.

[14] Perot purchased the Dallas Mavericks NBA basketball team from original owner Don Carter in March 1996.

[15][16] During his four-year tenure, the Mavericks made no more progress on the court than they had in Carter's final seasons, and nowhere near what they did under his successor, Mark Cuban.

It was said that he was a basketball novice, or uninterested in the sport,[17] and was using his position as team owner to front his projects, most notably Victory Park, which was anchored by the American Airlines Center, which opened in 2001.

After his initial defeat, Perot attempted to prevent Mavericks fans from using the parking lots he controlled near the American Airlines Center.