Hidden Billionaire Daughters Emerge From Simmons Estate
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Two billionaire sisters surfaced today after details about the estate of their late father, Harold Simmons, emerged in regulatory filings and a redacted will obtained by Bloomberg News.
Lisa K. Simmons, 58, and Serena Simmons Connelly, 44, control 93.8 percent of Dallas-based Contran Corp., a closely held entity that holds majority stakes in four publicly traded companies: Valhi Inc., NL Industries Inc., Kronos Worldwide Inc. and CompX International Inc. The companies have a combined market capitalization of $6.4 billion.