Ronald Perelman
Ronald Perelman is a renowned investor, innovator, and business visionary who has built, owned and run some of the largest and most iconic companies in the world. He is the Chairman and CEO of MacAndrews & Forbes Incorporated, a private holding company that owns and operates a diversified portfolio of public and private companies. He earned a reputation in the 1980s as one of the era's fiercest corporate raiders. His most-high profile acquisition is the multinational cosmetics, skin care, and personal care company Revlon. In addition to being a business leader, Perelman is recognized as a major supporter of many of the country's most prominent cultural, educational and medical institutions. He is also known for his vast art collections including the works of Andy Warhol, Ty Twombly, Pablo Picasso and Jean-Michael Basquiat.
Ronald Perelman Professional Experience / Academic History
Professional Experience
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Chairman and CEO
Academic History
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M.B.A., Finance
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B.A., Economics
CURRENT AFFILIATIONS
Vice Chairman, Apollo Theater Foundation
Founder, Perelman Center for Political Science and Economics
Founder, The Perelman Family Foundation
Trustee Emeritus, University of Pennsylvania
Board Member, The Ford Theater
Board Member, Rock and Roll Hall of Fame Foundation
Board Member, Carnegie Hall
Member, French Legion of Honor
MacAndrews & Forbes Incorporated is a private holding company that spans a wide range of industries—from global leaders in cosmetics to biotechnology and military equipment.
One of its most prominent investments include Revlon, the cosmetics and personal care brand. The company has faced challenges in recent years but remains a significant part of MacAndrews & Forbes' portfolio.
Other investments include global leader in gaming Scientific Games, outdoor equipment company Coleman, and pharma-tech giant Allergan.
He has owned and run some of the biggest brands over the years, including Marvel, Sunbeam, Pantry Pride, Panavision and New World Entertainment.
He has been featured or quoted in The New York Times, Forbes, Vanity Fair, Financial Times, Bloomberg, CNBC, and more.
REVLON
Perelman was once America's wealthiest businessman shortly after he acquired cosmetics company Revlon for $2.7 billion in 1985.
His investor's Revlon shares, which he used as collateral for loans, have taken a hit in recent years owing in part to the Covid-19 pandemic.
Perelman is known for his vast art collections including the works of Andy Warhol, Ty Twombly, Pablo Picasso and Jean-Michael Basquiat.
He recently offloaded 71 works valued at $963 million between March of 2020 and January of 2022.
Among the more than two dozen artists represented in the sales were 20th-century icons like Roy Lichtenstein, Ellsworth Kelly, Jackson Pollock, Jasper Johns, Ed Ruscha and Mark Rothko.
PHILANTHROPY
The Ronald O. Perelman Center for Emergency Services at NYU Langone Medical Center helps meet the growing need for emergency care in NYC.
The Perelman Center for Political Science and Economics fosters the teaching and research required to develop positions on national and international matters.
His commitment to cutting-edge health research has contributed to life-changing advancements for patients in New York and around the world.