sam simon net worth atlas oil

He didn’t want welfare. This is indicative of the way SGH’s collaboration with its partners is deeply interconnected. Sam Simon gets energized by people who share the same zest for life that he does. 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. Throughout the year, this support of military families continues, helping them weather crises and find housing.

Through it all, Sam hasn’t forgotten where he came from. Opportunities began to open up for his family. “We look for good people,” he says.

But before he agreed to sell, he said, ‘I have to believe in you,’ and I said, ‘I won’t let you down.’ I still have his letter when we paid off the whole thing. It’s down to a simple philosophy of loving “giving more than getting”. “Shell Oil gave him the door opening, and from there on he worked hard,” Simon said. SGH has 120 direct investments and 15 companies in sectors including commercial fuel supply and distribution; oil field services; logistics and transportation; commercial and residential real estate; aerospace and defense; technology; and turnkey modular housing. All rights reserved. Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments. 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. “I’ve always believed in hiring the best people and giving them all the tools they need,” Simon said. “We’re trying to get the fuel distribution business to leverage those types of concepts. Simon continues to look for good people to back. It’s not what you know, it’s who you know and how you work together. But if you believe in that person, in that leader and you believe they have the capacity to grow and do well, that’s what I care about.”. Seven years later, I married her and Atlas Oil was bigger than my family’s business. The last thing is: What can we improve? For every problem, there is a solution. Get them away and sit down with them in a different environment so they can loosen up and speak honestly.

SGH also helps the community buy police dogs and, through the police, offers money to the needy at Christmastime. “We had nothing,” he said. 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. Don’t assume anything. The Atlas Cares team purchased two K9 dogs for the Taylor Police Department; the dogs are named “Atlas” and “Simon.” They built Atlas Park, complete with playground equipment, in Taylor across from Atlas Oil headquarters. I negotiated with the guy who had been very successful in steel fabricating.

Among others, humility is an important trait, both for him and for his team. His Armenian Catholic family left Iraq in 1973, when Sam was just nine, and settled in Michigan. “It’s a huge reward when you see your team successfully growing with you, and seeing your company’s opportunities growing. We look for people who want to succeed, who have drive, who others want to work with – good leaders who do more than just manage, who are team players.”. Better than most, Sam Simon, Chairman and CEO of Simon Group Holdings (SGH), knows the real meaning of the American dream.

Let’s work together.’ And I invested with him.”, That person was Dan McMurtrie, CEO of VESTA Modular, an SGH company.

..have not received them. 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. Someone sent me a note saying that you would send me a couple copies. Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments.

Not just managing people, but leading them, coaching them, training them, showing them.”. We’re not smarter than anybody else. He bought the company in 1979 during the oil embargo for the trucks in his facility. “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. What are they offering in value compared to the competition? Michael Evans is another example of Simon betting on people. With emergency fueling, the company serves many of the largest data centers in the country. But another part is the value of work – the Simon family didn’t want to rely on handouts from the community, kind as they were. The first deal I did was in 1986 when I bought a company called Great Lakes Oil out of Detroit. He began by buying the mortgages of retail gas stations, fixing them up and bringing in the right people to run them. He lets people learn lessons the right way,” he said.

“Life is so short. “What motivates me is seeing people’s success,” says Sam.

“They’re so loud you can’t talk. Perhaps inspired by the community’s generosity when his family first arrived in the US, Sam has instituted an extensive CSR program. When he was 19, Sam struck out on his own, founding Atlas Oil in 1985.

Once he jumped in, he was all in.”. Our content creates conversations, our voice is the one that matters.

Save my name, email, and website in this browser for the next time I comment. Another of Simon’s passions is giving, and he encourages his employees to volunteer for a day at the charity of their choice. It’s connecting the dots.

Jobs; Top Jobs at Atlas Oil; ... Sam Simon. God gave us 80 to 90 years to live in this world that’s millions of years old. © 2020 Smart Business Dealmakers.

“We have conversations about what the trends are, what’s important to them, where we can be an asset and what we can learn from them. Today, it's a $2 billion-a-year business headquartered in the historic former St. Clair Edison building in downtown Birmingham. See Sam Simon's compensation, career history, education, & memberships. You have to make sure you have some common sense. I asked him what he really wanted to do. It’s about sharing, about giving, about conversation,” he said. While both his parents worked two jobs, Sam worked, too, mowing lawns, delivering newspapers and pumping gas. “It was a terrible time. At that time, I didn’t have a strong balance sheet and didn’t have a lot of cash. Sam’s 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. He even goes so far as to examine the culture of any prospective partners before their financial metrics, to ensure they fit well with SGH’s own culture.

Time is the most precious thing we have.

Through assets such as Atlas, SGH is also hoping to expand its market share within fuel production, transportation and emergency fueling. It’s different from what most people are trying to do in our industry. Simons’ renovated office includes a wood-fire pizza oven to better entertain and enjoy clients and guests. Your trust is our top concern, so … Our customers needed diesel and we didn’t have it. We looked different. He says, ‘I always believed in you from your passion and your hard work. Seven years later, that was not his business. 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. Simon came to America from Armenia at age 9 with his parents and four siblings. We connect the people, places, businesses and events in local communities through inspiring storytelling, unique experiences and mobile commerce. 118 Atlas Oil reviews. Post was not sent - check your email addresses! In 2009, Simon purchased the former St. Clair Edison building on Pierce Street in Birmingham and transformed it into a showcase office, designed for entertaining and building relationships.

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. There were a lot of people in the fuel industry with an 8-to-5 mentality, delivering Monday through Friday. SGH adopts a similar attitude internally, as is easy to see by its preference for team players with keen entrepreneurial spirits.

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