Harold Simmons Estate Tax Savings Linked to Valhi Share Decline and Foundation Stock Sale

Harold Simmons Estate Tax Savings Linked to Valhi Share Decline and Foundation Stock Sale The passage outlines a potential tax avoidance angle for the Simmons heirs by timing the valuation of Valhi shares amid a steep price drop, and notes a sizable, coordinated sale by the Harold Simmons Foundation that could affect market dynamics. While it identifies specific dates, share quantities, and valuation figures, the actors involved are limited to a deceased billionaire’s heirs and their foundation, offering a moderate investigative lead but lacking direct links to current public officials or high‑level power centers. Key insights: Valhi stock fell from $6.01 to $5.00‑$6.00 range, reducing estate tax liability by $1.1 billion.; Estate tax cash payment could be $1.9 billion (Dec valuation) or $765 million (post‑drop valuation).; Harold Simmons Foundation filed an SEC plan to sell 2.5 million shares (0.7% of Valhi, ~$16 million).