RONALD PERELMAN • Net Worth $3 billion • House • Yacht • Private Jet • MacAndrews Forbes

Name:Ronald Perelman
Net Worth:$3 billion
Source of Wealth:MacAndrews & Forbes
Born:January 1, 1943
Wife:Anna Chapman
Children:Steven, Josh, Hope, Debra, Samantha Perelman, Caleigh Perelman, Oscar
Residence:Georgica Pond, The Hamptons, USA
Private Jet:Gulfstream G650 (N838MF)

The Life and Investments of Billionaire Ronald Perelman

Ronald Perelman, born in January 1943, is an iconic figure in the world of business and investment. Well-known for owning the Revlon Group, his journey began from a wealthy family active in the paper industry, eventually earning an MBA from the prestigious Wharton School of Business at the University of Pennsylvania. Today, this US-based billionaire is not just the Chairman and Chief Executive Officer of Revlon, but also a proud father of eight children and a husband to Anna Chapman.

Key Takeaways

  • Ronald Perelman, a US-based billionaire, is best known for owning the Revlon Group.
  • He comes from a wealthy family active in the paper industry and has a successful track record of investments.
  • Perelman is a significant investor through his private holding, MacAndrews and Forbes, with a diversified portfolio spanning multiple industries.
  • His philanthropic efforts are extensive, with numerous donations and the establishment of medical research institutions to his name.
  • Perelman’s net worth is estimated at $3 billion, highlighting his successful career in business and investment.

Perelman’s Path to Success: MacAndrews And Forbes

Perelman’s success story is deeply intertwined with his private holding, MacAndrews and Forbes. Serving as its Executive Officer, he has made a string of investments catapulting his fortune to a whopping US$ 14 billion.

His investment portfolio is diverse, including businesses like the Revlon Group, Harland Clarke, Mafco, Scantron, and even AM General, known for their Hummer and the military Humvee vehicles.

The American Paper Products Company: The Family Business

The Perelman family’s wealth was originally built on the American Paper Products Company, a successful venture founded by Ronald’s grandfather Morris Perelman in the 1930s. The company passed onto Ronald’s father and uncle in the 1960s and under their successful leadership, it allowed Raymond Perelman to start making investments. Ronald later joined the investment activities, gaining significant profits and eventually leading to the acquisition of MacAndrew and Forbes, which later became his private holding.

Owner of Revlon and More: Perelman’s Significant Investments

Perelman’s investment prowess is notable. Alongside the famous Revlon Group, he has invested in entities such as Technicolor, Max Factor, the First Gibraltar Bank, and even the Marvel Entertainment Group.

A Commitment to Giving: Perelman’s Philanthropy

Like his father, Perelman has generously donated to several good causes, contributing more than US$ 200 million to charity in 2013 alone. He is the founder of the Ronald Owen Perelman and Claudia Cohen Center for Reproductive Medicine and the Ronald O. Perelman Department of Dermatology. Additionally, the Ronald O. Perelman Heart Institute at the New York-Presbyterian Hospital and the Revlon UCLA Women’s Cancer Research Program stand as testaments to his philanthropic commitment.

Perelman’s Astounding Net Worth

Perelman’s success as a businessman and investor has culminated in an estimated net worth of $3 billion. His father, Raymond, also boasts a net worth of $500 million, marking the Perelman family as one of significant wealth.

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Ronald Perelman

Ronald Perelman

C2 Yacht

B2 Yacht • (ex C2) • 2008 • Abeking & Rasmussen • Owner Ron Perelman

B2 Yacht • (ex C2) • 2008 • Abeking & Rasmussen • Owner Ron Perelman

10 Facts About Ronald Owen Perelman you probably didn’t know

1. Perelman was born into a wealthy family.

2. The Perelman family owned the American Paper Products Company.

3. He bought the chocolate distributor MacAndrew and Forbes in 1980.

4. Later this company was turned into Perelman’s private holding.

5. His net worth is $3 billion.

6. Ronald and his father are listed on The Philanthropy’s Top 50.

7. Perelman has owned several yachts, C2 is his latest.

8. C2 stands for Claudia Cohen, Perelman’s ex-wife who died of cancer.

9. The yacht is often visited by celebs including Kendal Jenner.

10. His neighbor in the Hamptons (NY) is Steven Spielberg.

Ronald Perelman House

Perelman yacht C2