Be patient, try and try again. Empire Petroleum Partners, LLC ("Empire") and Atlas Oil Company ("Atlas") announced today that they have combined their retail dealer businesses to create a powerful, national fuel distributor. But another part is the value of work the Simon family didnt want to rely on handouts from the community, kind as they were. In his role, he oversees all the legal affairs for Atlas Oil Company and its various Affiliates. Talk to everyone. 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. Allegedly. Dont assume anything. Its with a deeply personal understanding and Nada began her career at Ford Motor Company, where she worked in sales. A born leader, he brings a unique combination of strategic, financial and operating credentials to Simon Group Holdings. Both companies were barely a year old in 1986 when Simon made the first of many acquisitions. Now, I want to invest in people who understand their businesses.". New property managers were brought in and eventually bought the stations. Simon is a Fellow of the Royal Society of Medicine (UK) and a . "We have always strived for innovation and progression as a company and our partnership with Empire creates immediate scale and future opportunities," Simon said. There will always be problems. Atlas Oil Company is a privately-held distributor of petroleum products with a presence in the United States. Their signature event is an annual Christmas party at the Selfridge Air Force Base to celebrate local service families for selflessly serving our country. Collaboration leads to innovative solutions. For Sam, this community spirit is one part of the American dream and, to this day, it inspires the way he does business. Victor has completed 7 full Marathons, loves to bike, and regularly attends at the Catholic Church: Saint Hugos of the Hills. Atlas Oil Company, FastTrack Ventures and Seaway Fuels Trucking together form Simon . From there, the company grew to 30 service stations, which Simon began to manage in 1980 while he was still a junior in high school. . Simon Group Holdings (SGH) was created in 1985 with the founding of Atlas Oil Company by Sam Simon. 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. In 2014, he formed Soaring Pine Capital as a brand name under which to house a series of investment funds operating as limited-liability corporations. The Foundation is focused on providing direct support to their local communities, including an emphasis on active-duty military personnel, veterans, local law enforcement, immigrant families, and supporting deserving youth with academic scholarships and leadership development opportunities in the communities that the Simon family live and work in. With nearly 30 years of financial, operational, and leadership experience, his credentials consist of successes in various industries including distribution, logistics, real estate, technology, petroleum commodities and merger and acquisition activities within Fortune 500 companies, middle market, early stage, and limited start up experience. I gave people freedom to make mistakes. 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. The first Sunday after the family arrived, however, they attended church, and the priest offered the family some furniture and clothes. 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 . Atlas Oil Transportation, Inc. Website. Now, I want to invest in people who understand their businesses," he said. It also shows why Sam Simon has reached his current status in the world of venture capital and private equity. Atlas Oil's dedication to hiring the best leaders in the oil industry poise us for success! 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. Soaring Pine Capital Management Founder & Managing Partner. Canada's Richest People: The Complete Top 100 Ranking. About Us . He also served on the State of Michigan Department of Environmental Qualitys Underground Storage Tank System Cleanup Advisory Board. Sam Simon runs multiple gas stations and purchases his first truck (on credit card) to distribute fuel to tankwagon customers in Southeast Michigan. Silke received her masters degree in accounting from Walsh College. 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. I knew you were going to pay it off.. Originally from Kyiv, Ukraine, Biana moved to the United States in 1979. And promptly put his son to work, too. Overview. Sam Simon, who launched Taylor-based Atlas Oil Co. in 1985 with a single truck and a credit card and built it into a $2 billion-a-year fuel wholesaler, is building a network of private equity funds based in downtown Birmingham. I spent the time to hire the best people and to understand how to build processes and continually improve and things grew from there. 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. That hardworking, entrepreneurial spirit led Sam to found Atlas Oil Company 12 years later. Kevin Prokop, a managing partner at Detroit-based Rockbridge Growth Equity LLC, one of Dan Gilbert's family of companies, doesn't know Simon personally, but he praised Simon's investment strategy of buying underperforming companies in areas where he has particular expertise, then bringing in management to turn them around. 1054: Simon Bull, Variations, Poster. Staying current is easy with Crains news delivered straight to your inbox. Thats what keeps me going focusing on the right opportunities. What does that mean? Founder & Chairman of Simon Group Holdings @SGH335 with a passion for winning and giving back. Sam Simon was born on June 06, 1955 in Los Angeles, California, United States, is Producer, Writer, Animation Department. Simon brings to Atlas more than 25 years of R&D experience including leadership roles at GlaxoSmithKline, AstraZeneca and Roche/Genentech. It's with that entrepreneurial spirit that Atlas Oil Company was born! He brought us to this country with less than $200. 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. You have to understand the trends before you make a deal and understand that each industrys trends are different. Lorient Capital LLC is a neighbor of Simon's on Pierce Street in downtown Birmingham. Click below to see everything we have to offer. 3 Sam Simon - Net Worth, Age, Height, Bio, Birthday, Wiki! Better than most, Sam Simon, Chairman and CEO of Simon Group Holdings (SGH), knows the real meaning of the American dream. CelebsNetWorthToday.com estimates his fortune at $100 million. "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.". Three black-and-white photos on the wall of Atlas Oil Co. in Birmingham show the original one-story Edison building; the building as it was being expanded, the ground floor propped up on wooden structures while a new ground floor was being built beneath it; and one of a horse walking by in the middle of a grassy walkway in front of the building, in the middle of what is now Pierce Street. But Sam persisted. A phone number associated with this . In 2007, Sam created Atlas Cares, which supports Detroit organizations and encourages . Sam Simon's Net Worth. Alimentation Couche-Tard Picks Up Big Red Stores, Yesway Boosts Footprint With New Locations & Acquisition Pact. 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. John received his law degree from Michigan State University and his undergraduate degree in political science from Clark University in Worcester Massachusetts. The combined entity will service 1,350 accounts in 29 states and distribute nearly one billion gallons of fuel annually. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Parts of floors were cut out to open the space up and increase the interior light. Another example of partnering with seasoned industry veterans is Birmingham-based Tikoo Solutions LLC, a new platform company of Soaring Pine Capital Growth Fund I. 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. 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. "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. Simone Simon's income source is mostly from being a successful Actress. Click or tap any entry for further details on their net worth, the companies they control, their overall asset mix and more. 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. One of the developers of the popular animated comedy television series The Simpsons. We look for good people, he says. People like you and us tend to be happy with just one house, but Simon Cowell has a house on almost every continent. He bought the building in 2009 at the bottom of the market. Atlas handles unbranded gasoline and petroleum products and branded products for the major gas companies, such as Chevron, Marathon and Texaco. Sam Simon was born on June 6, 1955 in Los Angeles, California, USA as Samuel Michael Simon. There were a lot of people in the fuel industry with an 8-to-5 mentality, delivering Monday through Friday. 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. 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. 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. Home Sam Simon's Amazing Home ($18 Million Architectural Gem) Chat Box. The reason Sam maintains this high standard is his belief that the whole is more than the sum of its parts. Perhaps inspired by the communitys generosity when his family first arrived in the US, Sam has instituted an extensive CSR program. Dont wait for it to happen, make it happen.. He works them hard, but he gives them their freedom. Even as she dialed back her career, Nada remained active in and around her community. Their teamwork launched Atlas on a path to success. She focuses primarily on the financial wellness of the diverse SGH portfolio. He said he spent a total of $7 million on the building and its complete 17,000-square-foot renovation, another year-and-a-half build-out that was finished a few months ago. A dream doesnt become reality through magic; it takes sweat, determination and hard work.. After graduating from Oakland University in 1999 with a Bachelor's Degree in Elementary Education, she found her true passion in the law and enrolled in Michigan State University's College of Law. She lived with an Uncle and worked at his grocery store while studying at Grosse Pointe South High School. Director, producer, writer, boxing manager, philanthropist. The first deal I did was in 1986 when I bought a company called Great Lakes Oil out of Detroit. My whole plan when I started Atlas Oil was to fill a need. About Us. He also holds a Bachelor of Business Administration from Ferris State University (Big Rapids, MI). 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. 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. Atlas Oil Company Established. Generally, the funds look to invest in underperforming, undervalued companies, usually with revenue between $10 million and $100 million, where management can be brought in to turn things around. Edit Related Hubs Section. She believes that when you are blessed, you are called to use those gifts to bless others. Hub Name . Kenyon will remain as a Strategic Advisor for Simon Group Holdings and its subsidiaries. #42 Name: Dan Wilks Net worth: $1.5 billion Age: 58 Primary residence: Cisco, Texas Forbes 400 ranking: 352 Forbes World's Billionaires ranking: 1,171 Source of wealth: Natural gas Stake in Aspen: Two Aspen homes, total value of $11.1 million Notes: The son of a man who once housed the family in a goat shed, Dan and his brother Farris (see no. 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. Edit Jobs Section. More importantly than his business success, Simon and his wife, Nada, are committed to paying forward their good fortune to help others. Seven years later, that was not his business. An ardent believer in helping whenever possible, Nada feels a tremendous sense of gratitude for the freedoms we have in the United States and welcomes opportunities to assist others in pursuit of their dreams, especially young women. But Sam, Bob and the rest of the SGH leadership team will no doubt do everything in their power to maintain this culture after all, its the reason Sam does what he does. Sometimes, people have to do a deal. 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. Simon Group Holdings (SGH) was established in 1985 with the founding of Atlas Oil Company by Sam Simon. 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. A successful example was the MSB Energy Fund II LLC, which was formed in September 2012 to purchase notes from Flagstar Bank on four service stations in Dundee, Northville, Pontiac and Taylor for a total of $3.8 billion. History; Leadership; . in finance and accounting. . 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. After graduating high school, Simon enrolled at Masada College. He and his wife Barb have two daughters, Stephanie and Samantha, both married, who live in South Lyon, MI and St. Louis, MO respectively. Updated for 2018! Atlas Oil's annual revenues are over $500 million (see exact revenue data) and has 100-500 employees. In 1985, he launched Atlas Oil Co. in Taylor, MI with a single delivery truck, and has built it into a 2+ billion gallon-a-year fuel wholesaler with over 500 employees. Taylor, MI 48180. Atlas Oil, and the allegations in this count relate only to the PSA, the court is . By age 16, he was managing five stations for his father and supervising 23 employees. She also enjoys gardening and bike riding to stay outdoors. Dallas-based Empire Petroleum Partners is a motor fuels distributor of top brands, including Shell, Chevron, Valero, Sunoco, BP, Exxon, CITGO, Mobil, Marathon, Texaco, Gulf and ConocoPhillips, while Taylor, Mich.-based Atlas Oil is a national fuel supply, logistics and services company that delivers comprehensive solutions to customers throughout the distribution lifecycle. Biggest achievement:Becoming a self-taught entrepreneur in the wholesale oil and petroleum business and learning to bring the right people into the company. This is the complete Canadian Business ranking of the 100 wealthiest individuals and families in Canada. Note: Revenues for privately held companies are statistical evaluations. Recognizing that his bulk customers were grossly underserviced by other bulk-fuel dealers, Simon began offering service 24 hours a day, seven days a week. Atlas Oil has an overall rating of 2.2 out of 5, based on over 157 reviews left anonymously by employees. Among others, humility is an important trait, both for him and for his team. Net worth Source of wealth 18: Jim Ratcliffe: 32.0 billion: oil and chemicals 64: Hinduja family: 19.8 billion: diversified 65: David and Simon Reuben: 15.3 billion: investments, real estate 250: Ian and Richard Livingstone: 5.8 billion: real estate 269: Joe Lewis: 5.6 billion: investments 315: Bruno Schroder: 5.1 billion: banking 324: David . Around the same time, he started Simon Group Holdings, which has more than 120 companies and direct investments. Robbie is a graduate of Suffolk University Law School (Boston, MA) where he earned a J.D. The combined entity will service 1,350 accounts in 29 states and distribute nearly 1 billion gallons of fuel annually. 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. Today, Victor is currently responsible for the Real Estate Assets team within Simon Group Holdings. Were trying to apply those concepts in a low-tech industry that has lots of opportunity for disruption and aggregation. 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. country that has provided them with such tremendous opportunity. During that time, he was not only called upon for strategic advice and counsel, but more often as a trusted leader that could manage any project or issue. NR BBB rating. He loves spending time with his four daughters and sets a great example for them as an active volunteer. ", "Sam is a throwback," said Valenti. MSU to limit access to East Lansing campus in wake of shooting. As of 2023, Sam Simon's net worth is under review. Its growth is . In 2009, he and Nada founded the Sam & Nada Simon Foundation. It is believed that his fees for each project are around $24 million. 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. For more information or to explore partnership opportunities click here. 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. Again, Silke rose quickly through the ranks and now oversees the accounting team and all corporate financials. Valenti was then at Taylor-based Masco Corp., leading its acquisition strategy, which in the course of 100 acquisitions grew the business from annual revenue of $10 million to almost $13 billion. He bought the company in 1979 during the oil embargo for the trucks in his facility. Together with Simon Group Holdings company leadership and the Atlas Cares employee team, they host an annual holiday celebration for military families at Michigans Selfridge Air National Guard Base. 19% of employees would recommend working at Atlas Oil to a friend and 21% have a positive outlook for the business. Get the team together to collaborate and innovate. Michael Evans . atlas.oil.com; View Similar Profiles. Dewayne . 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. I invest in people and believe in giving back. 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. "I gave them the tools and the freedom to do their jobs. At the young age of 19, Sam used a credit card to purchase a small tank truck for $30,000 and started his own SE Michigan fuel delivery business. His father Ramzi took a job pumping gas near Six Mile and Hoover. What motivates me is seeing peoples success, says Sam. Its supply optimization strategies and national footprint provide unmatched access to fuel. Atlas Oil's . He also serves on Atlas Leadership Team. I knew that somebody needed to think of service 24 hours a day, seven days a week. Their partnership flourished both in business and in life. Today, Victor is currently responsible for the Real Estate Assets team within Simon Group Holdings. In 1985, at age 22, he started his business with one truck, selling petroleum products and commercial fuels. Its a huge reward when you see your team successfully growing with you, and seeing your companys opportunities growing. Current goal:To be the most successful and best, not the biggest, petroleum company in the world. Gerry King brings extensive experience in EHS, HR, and Risk Management to the role of VP, HR, EHS and Risk for Simon Group Holdings. If we cant improve anything in a business, its probably not a good investment. His responsibilities include leadership oversight, growth and value creation of the core and portfolio companies. Atlas Oil Company welcomed back long-time managing partner Michael Evans to serve as President. In May, Soaring Pine bought Chicago-based Technology Solutions Inc., a provider of field services for cable TV companies, and rolled it into the new platform, run by CEO Jerry McCoy and COO Bill Fenton. 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'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. Victor also led his management group in the ground-up construction of 23 turnkey stations in Michigan, Illinois, and Arizona, as well as managing the development of retail centers and standalone commercial buildings including Starbucks stores and Chase Banks in Michigan. Because for Sam, money isnt everything. These opportunities provided Gerry the chance to thoroughly understand their role and scope of work in a business structure, allowing him to more effectively lead and influence cultural change. 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