In 2009, he and Nada founded the Sam & Nada Simon Foundation. 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. This lesson has helped shape the culture and values that we see today at Atlas 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. 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. If you want the ideal example of an immigrant achieving the American Dream, look no further than Sam Simon, founder and chairman of Simon Group Holdings and Taylor-based Atlas Oil. Their signature event is an annual Christmas party at the Selfridge Air Force Base to celebrate local service families for selflessly serving our country. A key to Sam's success has always been to surround himself with and . 2023 Smart Business Dealmakers. When Victor returned to Michigan in 1984, he assumed the title of head of operations at Great Lakes Ice Company. I invest in people and believe in giving back. One of the most important things that he Sam Simon started Atlas Oil Co. in 1985 with a single truck. Parts of floors were cut out to open the space up and increase the interior light. He also served on the State of Michigan Department of Environmental Qualitys Underground Storage Tank System Cleanup Advisory Board. "We believe the combination of our retail fuel volumes will fortify Empire's leadership position in the industry and enable us to better serve our customers, employees and suppliers.". SGH has interests in comprehensive energy solutions; fuel supply; oil field services; logistics and transportation; real estate investment; private equity; technology services; and turnkey modular solutions. This is the complete Canadian Business ranking of the 100 wealthiest individuals and families in Canada. Kenyon will remain as a Strategic Advisor for Simon Group Holdings and its subsidiaries. In his spare time, John enjoys running, rollerblading and traveling. Edit Related Hubs Section. The building at 335 E. Maple in downtown Birmingham was purchased and renovated by Sam Simon, founder of Atlas Oil Co. Sam Simon's building at 335 E. Maple includes space for offices and this rooftop patio. I knew you were going to pay it off.. If he puts his efforts behind a project, it's as good as done. Gerrys approach is to generate common focus within all levels of the company through coaching, team building and integrating HR/EHS processes into every aspect of the business. We look for people who are humble. He has also worked in the private law firm setting, with various state regulators, and in the judiciary for the U.S. District Court and Bankruptcy Court. . Sam Simon, Fayez Simon, and Fawzi Simon. 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). Simon said he began investing as a de facto family office in 2006, but the business began in earnest in 2013. "When I started Atlas Oil, I had a passion for working hard and finding the best people," founder Sam Simon said. Thes. Be disciplined and dont fall in love with the assets or the company. The plan is to buy other providers of field services for the cable industry. 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. Complex aromas of blackberry, plum, spice and earth give way to a . Both companies were barely a year old in 1986 when Simon made the first of . While at Stanford University, Simon worked as a newspaper cartoonist and after . In this capacity, he develops and executes the Companys strategy including leading the overall product and technology strategy, creating the go-to-market strategy, partnership collaboration, and recruiting and developing the organization. Find contact details for 700 . "I started Atlas Oil in 1984/85 when I was 19 and today, Atlas Oil does . Business Profile for Atlas Oil Co. Petroleum Oil. Atlas Oil Company welcomed back long-time managing partner Michael Evans to serve as President. Its not what you know, its who you know and how you work together. Sam Simon More on Detroit's class act. Again, its all about people and customers. "He's a father figure for Atlas. He is a three-year board member of the Society of Independent Gasoline Marketers of America and was on the boards of two companies that his family owned. So, how much is Simone Simon worth at the age of 95 years old? #7. Atlas Oil has an overall rating of 2.2 out of 5, based on over 157 reviews left anonymously by employees. At that time, I didnt have a strong balance sheet and didnt have a lot of cash. DETAILS BELOW. In his role, he oversees all the legal affairs for Atlas Oil Company and its various Affiliates. My whole plan when I started Atlas Oil was to fill a need. Biana Hamady brings her extensive legal experience in contract negotiations, litigation, safety procedures, and compliance matters to the role of Chief Legal Officer for Simon Group Holdings and Atlas Oil Company, where she serves on the Leadership Team. doordash heat map; sam simon net worth atlas oil. Today, Atlas Oil is the largest independent oil company in Michigan, with annual sales of more than $100 million. 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. He loves spending time with his four daughters and sets a great example for them as an active volunteer. Its a way for us to leverage different parts of those supply chain or technology solutions. In 2007, Sam and Nada Simon created Atlas Cares, a program where Atlas Oil team members, . Perhaps inspired by the communitys generosity when his family first arrived in the US, Sam has instituted an extensive CSR program. Address. The fourth floor contains two bedrooms, not because Simon wants to get into the individual apartment rental business, but because Birmingham codes require renovations of downtown buildings to have residential on the top floor. He has successfully taken on key roles in turnaround and performance improvement situations involving mid-size to multi-billion-dollar companies. He also holds a Bachelor of Business Administration from Ferris State University (Big Rapids, MI). 2 According to documents attached to the complaint, Khamis leased the premises for his gas station from defendant FTV Livonia - 31401 W. 8 Mile Rd. After graduating high school, Simon enrolled at Masada College. The funds have raised $75 million in committed capital and invest in a wide range of industries and companies, some in Simon's sweet spot of oil distribution and service-station management, others as far from that as managing digital content for political candidates and providing modular classrooms for schools. 3 Sam Simon - Net Worth, Age, Height, Bio, Birthday, Wiki! Go all the way down to the receptionist, who will tell you a lot more. He came to this country as an immigrant, with nothing," said Valenti, who said he has become friends with Simon over the years. He and his wife Barb have two daughters, Stephanie and Samantha, both married, who live in South Lyon, MI and St. Louis, MO respectively. TV Producer. Nada was instrumental in the growth of Atlas, a company that now delivers over 1 billion gallons of fuel annually. He was selected for many significant merger and acquisition opportunities, culminating in his lead financial role for the negotiating team on EDSs spin off from General Motors, in 1996. He is from . While maintaining the highest ethical standards, he seeks opportunities for value creation by offering exceptional legal advice and counseling that facilitates, rather than hinders, the attainment of SGHs business objectives. She also enjoys gardening and bike riding to stay outdoors. Talk to everyone. Atlas Oil, and the allegations in this count relate only to the PSA, the court is . In success or failure, stay humble. Not just managing people, but leading them, coaching them, training them, showing them.. Were trying to apply those concepts in a low-tech industry that has lots of opportunity for disruption and aggregation. With emergency fueling, the company serves many of the largest data centers in the country. Were utilizing digital transformation to be able to create that level of branding.. Reporter: Covers banking, finance, technology, and "We've begun to share opportunities with them, and we're thinking about potential investments we can do together," said Berman. "The Empire partnership was formed in 2011 to bring industry leaders together to create a powerful and lasting fuel distributor," said Bob Hellman, chairman of the board at Empire and CEO and managing director at AIMLP. Sam Simon is Chairman/CEO/Founder at Simon Group Holdings Limited. In reflecting back Sam unequivocally states My dad is my biggest in finance and accounting. An ethnic Armenian who emigrated to the U.S. from Iraq as a youngster, Simon left his job in a Detroit gas station to start his fuel-distribution company in . Net Worth: $100 Million. Michael Evans . He works them hard, but he gives them their freedom. Simon Group Holdings, directly and through its subsidiaries, has interests and is an active investment manager in a number of industry sectors. sam simon net worth atlas oil. A large kitchen with a long U-shaped marble counter lets Sam Simon offer lunches or dinners made by his personal chef to business partners or those he is wooing inside Atlas Oil Co. headquarters in downtown Birmingham. In his personal time, he is an avid runner/biker and an active philanthropist that dedicates his time to the Ferris State University Alumni Association. He manages a core group that originates, structures, and negotiates acquisitions and dispositions, as well as leads the turnaround and repositioning of distresse. With a Crains Detroit Subscription you get exclusive access, insights and experiences to help you succeed in business. 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. Category: Richest Business Producers. Founder, Chairman & Owner on LinkedIn on Twitter. She believes that when you are blessed, you are called to use those gifts to bless others. Before he can consider his team a success, he must ensure they all possess the same ambitions and goals, to create a successful internal culture. Empire will receive additional equity capital from its financial sponsor American Infrastructure MLP Funds (AIMLP) as part of the combination, as well as other significant shareholders. Oil and Simon Group Holdings. Atlas Oil's retail dealer business, which represents less than 24 percent of its total fuel volume, will merge with Empire. Mike attended Western Michigan University and graduated, with honors, with a B.B.A. Its a huge reward when you see your team successfully growing with you, and seeing your companys opportunities growing. He has handled hundreds of cases, trials, case evaluation hearings and court appearances. Staying current is easy with Crains news delivered straight to your inbox. These processes not only protect our employees and assets; they are also business tools used to improve efficiency, morale and productivity while at the same time reducing costs and downtime. Today, Atlas provides an almost turnkey service for its customers from real estate (Atlas buys, refurbishes and resells retail gas stations) and truck leasing to offering wholesale and retail petroleum products and bulk storage. See if you qualify for a free subscription to our industry leading paper magazine. . Click below to see everything we have to offer. In January 1986, she left Ford to join Sam Simon, whom she would eventually marry, at his newly-started Atlas Oil Company, as Director of Sales. "The addition of Atlas and Sam Simon to our partnership is an important milestone and we greatly welcome Sam's involvement, guidance and stewardship.". Nada was instrumental in the growth of Atlas, a company that now delivers over 1 billion gallons of fuel annually. Nada, in 2023, was recognized at the Bates Street Society annual dinner, with the Pillar Business and Philanthropic award for her efforts in achieving success in her career but also giving back. . SGH adopts a similar attitude internally, as is easy to see by its preference for team players with keen entrepreneurial spirits. Even as she dialed back her career, Nada remained active in and around her community. In 2007, Sam created Atlas Cares, which supports Detroit organizations and encourages . Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments. 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. Were trying to get the fuel distribution business to leverage those types of concepts. Atlas, a fuel distribution and supply management company, has been a model of how SGH takes experience, knowledge, innovation and ambition to advance to new heights. The first deal I did was in 1986 when I bought a company called Great Lakes Oil out of Detroit. "I gave them the tools and the freedom to do their jobs. "It's one of the trends in private equity trying to find opportunities where you have an edge, where you have industry experience and contacts," said Prokop. Est: $90 - $150. Soaring Pine Capital executives, from left to right: Steve Rochowiak, vice president of business strategy; Sam Simon, founder and managing partner; and Michael Evans, executive vice president and COO. That means if we connect the dots, we look at strategic alliances and strategic people and ways we can enhance the business. Taylor, MI 48180. atlasoil.com. Through her personal generosity and the work of the Foundation, she hopes to pay forward the same opportunities that have afforded her the American Dream. One of the developers of the popular animated comedy television series The Simpsons. Robbie is a graduate of Suffolk University Law School (Boston, MA) where he earned a J.D. CB Rank (Hub) Greater Detroit Area Investors . John Ortoleva is the Assistant General Counsel for Simon Group Holdings. Victor Simon has been a leading industry figure with more than 44 years of operational and management experience. Its distinct business units within the company serve customers nationwide. Mike Evans has worked closely with Simon Group Holdings Founder and Chairman Sam Simon for 20 years. Through it all, Sam hasnt forgotten where he came from. 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), Bates Street Society Pillar award for Business Success and Philanthropic contributions (2023) and was previously appointed to the National Petroleum Council by Secretary of Energy, Spencer Abraham. Sam Simon. . "As you get a track record, more and more people want to do deals with you," Evans said. never considered failure an option. Founded in 1985, Atlas Oil, headquartered in Taylor, Michigan is the flagship brand in the Simon Group Holdings investment portfolio. SAM SIMON,34 President, Atlas . Former President, Robert Kenyon announced his departure effective on September 25, 2020 to pursue a new opportunity in the renewable energy space. We have conversations about what the trends are, whats important to them, where we can be an asset and what we can learn from them. We have so many businesses and so many strategies and good, solid people behind the scenes. Joseph Simon is the President of Canopy Insurance Group. Their signature event is an annual Christmas party at the Selfridge Air Force Base to celebrate local service families for selflessly serving our country. I gave them the tools and the freedom to do their jobs. Cowell's earnings are primarily from his role with successful musical acts, his salary as a TV judge, and his ownership of his popular talent show franchises. And promptly put his son to work, too. "We are pleased to welcome Sam, an industry veteran and successful executive, as our partner," said Empire CEO Hank Heithaus. English-born artist Simon Bull was the son of a British Army officer and spent much of his youth moving around the globe when his father was posted to different countries. Find company research, competitor information, contact details & financial data for Atlas Oil Company of Birmingham, MI. Dont wait for it to happen, make it happen.. Simon's various private equity funds and some of his portfolio companies operate around the corner, in a four-story, even more eye-popping building Simon bought at 335 E. Maple Road. Take your time but hurry up. MSU to limit access to East Lansing campus in wake of shooting. Sam Simon is the Founder and Chairman of Simon Group Holdings. Weve created three new businesses since 2014 and made large investments in three additional companies. With a Crains Detroit Subscription you get exclusive access, insights and experiences to help you succeed in business. A born leader, he brings a unique combination of strategic, financial and operating credentials to Simon Group Holdings. 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. It's with that entrepreneurial spirit that Atlas Oil Company was born! . "When you are blessed in life, it is your duty to bless others in return.". She immigrated to the United States at 13 years old. About Us. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The company is actively involved in numerous industries, including gas, oil and renewable energy, real estate, aerospace and defense, insurance, wine and sports entertainment. When I started my business in 1985, if someone had invested in me, think where they'd be now. At the time, all the family had was a US$200 debt for their flights and basement . Type: Company - Private. In partnership, SGH and Atlas are fueling Innovation through technology advancements like Fluid Automation Station (FAS), Truck-to-Office technology, cloud based inventory management and personalized customer portals and mobile apps. In 1985, at age 22, he started his business with one truck, selling petroleum products and commercial fuels. - Jon Gordon. appreciation that Sam and Nada have made it their mission to give back to the Atlas story and ongoing success provides a great deal of insight into Sams unshakable commitment to Team leadership, cross-silo communication and relentless technological innovation. Their partnership flourished both in business and in life. Make sure they are passionate for that business and that they want to grow. country that has provided them with such tremendous opportunity. $1 Million - $5 Million. Sam Simon arrives at the Writers Guild Awards, on Saturday, Feb. 1, 2014, in Los Angeles. As for Simon's reputation as a deal-maker, Valenti said: "He's a force of nature. Simon has worked on the clinical development of some of the most well-known drugs in the immunology area, including Rituxan and Actemra. Simon Cowell's net worth is around $620 million. SGH has 120 . But another part is the value of work the Simon family didnt want to rely on handouts from the community, kind as they were. You have to get better at every single thing you do. 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. Simon Group Holdings Founder & Chairman 1985. Its growth is . Atlas Oil Transportation, Inc. Website. Its what he looks for when hes growing a business, making a deal or studying an investment opportunity. 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. It also shows why Sam Simon has reached his current status in the world of venture capital and private equity. What are they offering in value compared to the competition? Mike began his professional career as a financial analyst supporting General Motors executive staff business units. Sam Simon's Net Worth. Read Bio. Robbies career began in state government, where he worked on the executive staff for the Michigan Attorney General, Secretary of State and three Speakers of the House. Since our founding in 1985, Atlas has grown through technological and operational innovation, all while maintaining our unwavering commitment to . Staying current is easy with Crains news delivered straight to your inbox. There will always be problems. As with his early experiences in the US, it was a challenge to get others to believe in him and to secure financing for the fledgling fuel company. Simon emigrated to the U.S. from Iraq when he was 9. "We want to . His persistence paid off when Nada eventually accepted the position. Edit Jobs Section. This rating has improved by 4% over the last 12 months. She began as an analyst and quickly rose through the ranks, before making the switch to the SGH accounting team. Simon founded Atlas Oil in 1985 and built it into a $1 billion company that delivers more than 1 billion gallons of fuel each year to customers in 49 states. 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 . He doesn't need a focus group to decide what to do.". . Our content creates conversations, our voice is the one that matters. Among others, humility is an important trait, both for him and for his team. In 2003, Victor became the Director of Real Estate for Fast Track Ventures, a Simon Group Holdings company. We call it one plus one equals 11. A key to Sams success has always been to surround himself with and collaborate with great people. About Us . All rights reserved. What is the value proposition? He says, I always believed in you from your passion and your hard work. "I don't even see the box," said Simon, chairman and CEO of Atlas Oil Co. "Once you see the box, you're still in the box." In 1985, Simon founded Atlas Oil . His Armenian Catholic family left Iraq in 1973, when Sam was just nine, and settled in Michigan. Taylor, MI 48180. Founder & Chairman of Simon Group Holdings @SGH335 with a passion for winning and giving back. Modern furniture and details like this pattern on a couch are throughout the renovated 335 E. Maple in downtown Birmingham. An old Eagle Scout, he is an avid supporter of the Boy Scouts of America and teaches several merit badges at summer camp. Cowell was named one of the most influential people in the world by Time Magazine in 2004 and 2010. When SGH was deployed to assist in the wake of hurricanes Florence and Michael, it worked alongside its partners, using all its resources to help rebuild the communities and infrastructure of Florida and the Carolinas. Sam arrived in Detroit when he was 9, fleeing persecution as an Armenian Catholic in Iraq with his parents and four siblings. People like you and us tend to be happy with just one house, but Simon Cowell has a house on almost every continent. 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. All of this, in addition to its expansive network of strategic partners and carriers, enables Atlas to provide single source solutions for businesses anytime, anywhere. The combined entity will service 1,350 accounts in 29 states and distribute nearly one billion gallons of fuel annually. He even goes so far as to examine the culture of any prospective partners before their financial metrics, to ensure they fit well with SGHs own culture. People Like Sam Simon . In 2009. , he and Nada founded the Sam & Nada Simon Foundation. He also participates in the Atlas Cares community and military service programs. Simon . In 1975, Victor began his career in the family business, Simon Store, Inc, and at the age of 18, Victor became one of the youngest in history to complete the Shell Dealer Training. Even as she dialed back her career, Nada remained active in and around her community. Oil is a resource under the generic Oil type of resources. Sam and Nada Simon at their Birmingham, Michigan Office. Sometimes, people have to do a deal. Collaboration leads to innovative solutions. But Sam persisted. Founder and chairman, Atlas Oil Co.Updated May 23, 2017Since founding Atlas Oil in 1985, I have grown Simon Group Holdings, which is headquartered in Birmingham. Also you cant just talk to the top-tier people. Founder and chairman, Atlas Oil Co.Updated May 23, 2017Since founding Atlas Oil in 1985, I have grown Simon Group Holdings, which is headquartered in Birmingham. The Foundation currently supports enrollment for students at De La Salle Collegiate and Holy Name Catholic School. His family lives in Bloomfield Hills, MI. The Sam & Nada Simon Foundation continues to look for opportunities to give back to our community as well as to our military personnel and first responders. Ralph is good at it. According to the Jan. 2 order, Tilly would be entitled to 30 percent of net proceeds that Simon's estate receives from Fox , which could reach tens of millions of dollars over her lifetime. Its different from what most people are trying to do in our industry. The last thing is: What can we improve? Bob Kenyon, Atlass President, says the companys success is due to its non-traditional approach for example, embracing digitization to offer efficient, accessible, data-driven customer platforms. You have to understand the trends before you make a deal and understand that each industrys trends are different. Key Principal: Sam Simon See more contacts Industry: Fuel oil dealers. Simon, 52, was speaking from his office on the second floor of the historic former St. Clair Edison building on Pierce Street. Note: Revenues for privately held companies are statistical evaluations. He said he approaches deals the same way he grew Atlas Oil. What does that mean? Anything is possible if you have faith and work hard.. Not the Sam Simon you were looking for? That's where I got my work ethic," said Simon. Victor has completed 7 full Marathons, loves to bike, and regularly attends at the Catholic Church: Saint Hugos of the Hills. Sam Simon runs multiple gas stations and purchases his first truck (on credit card) to distribute fuel to tankwagon customers in Southeast Michigan. The reason Sam maintains this high standard is his belief that the whole is more than the sum of its parts. Nada, in 2023, was recognized at the Bates Street Society annual dinner, with the Pillar Business and Philanthropic award for her efforts in achieving success in her career but also giving back. 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. Gerry was born and raised in Ontario, Canada and graduated from the University of Western Ontario with an undergraduate degree in Environmental and a Masters Degree in Occupational Health and Safety Engineering. Sam Simon is known as the co-developer of the hit television series, The Simpsons. On the red side, the Simon Family Estate 2019 Cabernet Sauvignon over-delivers on its $125 price tag with beautiful dark fruit. Their teamwork launched Atlas on a path to success. Dont interview them in the facility where theyll be nervous and cant talk to you. An ethnic Armenian who emigrated to the U.S. from . Simon is a Fellow of the Royal Society of Medicine (UK) and a . Atlas Oil's . 42,632 . 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. 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