Ronald O. Perelman
| Ronald Perelman | |
|---|---|
Perelman at the 2009 Tribeca Film Festival
|
|
| Born |
Ronald Owen Perelman January 1, 1943 Greensboro, North Carolina, U.S. |
| Alma mater | Wharton School of the University of Pennsylvania (BS & MBA) |
| Occupation |
Chairman & CEO, MacAndrews & Forbes Incorporated |
| Net worth |
 US$12.2 billion (February 2016) |
| Spouse(s) | Faith Golding (1965–1984; divorced) Claudia Cohen (1985–1994; divorced) Patricia Duff (1995–1996; divorced) Ellen Barkin (2000–2006; divorced) Anna Chapman (2010–present) |
| Children | 8 |
| Website | www |
Ronald Owen Perelman (born January 1, 1943) is an American businessman, investor, and philanthropist.MacAndrews & Forbes Incorporated, his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing.
Perelman is annually one of the world's largest philanthropic donors. As of January 2016, Perelman is the 36th richest American, and 80th richest person in the world, with an estimated wealth of $12.2 billion.
Perelman was born in Greensboro, North Carolina on January 1, 1943, the son of Ruth (née Caplan) and Raymond G. Perelman. He was raised in a Jewish family. He managed with family members the American Paper Products Corporation. Raymond eventually left the company and bought Belmont Iron Works, a manufacturer of structural steel.
From his father, Perelman learned the fundamentals of business. By the time Ronald turned eleven years old he regularly sat in on board meetings of his father's company. Raymond was a rough teacher, harshly criticizing Ronald for even the slightest misstep. A 2006 article published in the Forbes 400 discusses their relationship in detail.
Perelman attended the Wharton School of the University of Pennsylvania where he followed in his father's footsteps and majored in business. He graduated in 1964 and completed his master's in 1966.
Perelman's first major business deal took place in 1961 during his Freshman year at the Wharton School at the University of Pennsylvania. He and his father bought the Esslinger Brewery for $800,000, then sold it three years later for a $1 million profit.
Throughout Perelman's tenure at the Belmont Iron Works (later renamed Belmont Industries) he assisted his father on many other deals, earning millions of dollars in the process. Their general strategy was one Perelman would follow for the rest of his life, purchase a company, sell off superfluous divisions to reduce debt and generate profit, bring the company back to its core business, and either sell it or hang onto it for cash flow. In 1978, twelve years after Perelman formally joined Belmont Industries, he was the vice president but he still strove for more power and influence in the company. Raymond told him that he had no intention of stepping down anytime soon. Perelman resigned and moved to New York. The two barely spoke to one another for the next six years.
...
Wikipedia