Summarize the following text in 1 sentence. The son of the 41st president, NAME_1. NAME_2. NAME_3, NAME_3 flew warplanes in the Texas Air National Guard while in his twenties. After graduating from Harvard Business School in 1975, he worked in the oil industry. He later co-owned the Texas Rangers of Major League Baseball before being elected governor of Texas in 1994. As governor, NAME_3 successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the United States' leading producer of wind-powered electricity. In the 2000 United States presidential election, NAME_3 defeated Democratic incumbent vice president NAME_4, despite losing the popular vote after a narrow and contested win that involved a Supreme Court decision to stop a recount in Florida.