Software developer Robert Brockman dies amid tax evasion case

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A billionaire software developer who was fighting the biggest individual tax evasion case in US history died at his home in Houston Friday, according to reports.

Robert Brockman, 81, a self-taught software entrepreneur who developed a system that helped car dealers run their operations virtually, had been fighting IRS allegations of money laundering and tax evasion worth more than $2 billion since 2020.

Prosecutors said that Brockman, who had a personal net worth of $4.7 billion, owned an $8 million mansion in Houston, a Colorado ski cabin, a Bormbardier jet and a 209 foot yacht, named “Turmoil.”

Brockman suffered from dementia, and his attorneys had repeatedly argued that he wasn’t competent to stand trial, but a judge ruled in May that the trial would go forward. At a June hearing, the judge set the trial date for February 2023, with Brockman appearing at the hearing via video link from his bed.

Born in Florida, where his father ran a gas station and his mother worked as a physiotherapist, Brockman registered dozens of patents, and founded Reynolds & Reynolds, a software company that boasted more than 5,000 employees and was worth more than $5 billion, according to Bloomberg.

Billionaire software developer Robert Brockman recently passed away.
Dave Rossman/Houston Chronicle via AP
Government graph shows Robert Brockman-controlled entities using a complex network to hide assets from tax authorities.
Robert Brockman was accused of evading more than $2 billion in taxes.
DOJ court filing
Robert Brockman is seen wearing a mask while departing a competency hearing at the federal courthouse in Houston, Texas.
Robert Brockman is seen wearing a mask while departing a competency hearing at the federal courthouse in Houston, Texas.
Mark Felix/Bloomberg via Getty Images
Robert Brockman
Robert Brockman was battling dementia.
Brockman Foundation

In Oct. 2020, federal prosecutors charged Brockman with using offshore companies, code names and burner phones to hide more than $2 billion of income from the IRS, most of it earned through Vista Equity Partners, a private equity firm that he helped launch.

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