Ronald Perelman: Chairman and CEO of MacAndrews & Forbes
Business Owner · Hedge Funds & Investing
Ronald Perelman built MacAndrews & Forbes through leveraged buyouts spanning Revlon, cigars, licorice and comic books. His net worth fell from $19.8 billion in 2018 to $1.9 billion in 2022.
About Ronald Perelman: Chairman and CEO of MacAndrews & Forbes
Ronald Owen Perelman (born January 1, 1943, in Greensboro, North Carolina) is an American banker, businessman, investor and philanthropist. His company, MacAndrews & Forbes Incorporated, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks and comic book publishing. He holds significant shares in companies such as Deluxe Entertainment, Revlon, SIGA Technologies, RetailMeNot, Merisant, Scantron, Scientific Games, Valassis, vTv Therapeutics and Harland Clarke. Perelman was raised in a Jewish family in Elkins Park, Pennsylvania, the son of Ruth Caplan and Raymond G. Perelman, and the grandson of Lithuanian Jewish immigrants. With family members he managed the American Paper Products Corporation, and his father later bought Belmont Iron Works, a manufacturer of structural steel. He graduated from The Haverford School in 1962; from his father he learned the fundamentals of business, and by eleven he regularly sat in on board meetings of his father's company. A 2006 Forbes 400 article discusses their rough relationship in detail. After one semester at Villanova he transferred to the Wharton School, graduating in 1964. Previously worth $19.8 billion in 2018, Perelman was worth $1.9 billion as of November 2022. He previously owned a majority of AM General, but in 2020 sold most of his shares in it and significant works of art, given the impact of the economy on the high debt burdens of many of his leveraged-buyout companies, and Revlon, which he acquired in the 1980s, undertook a debt deal in early 2020. Sources: English Wikipedia (Ronald Perelman, accessed September 2026).
Basic Information
Chairman and CEO, MacAndrews & Forbes
Company Details
MacAndrews & Forbes
Holding Company, Leveraged Buyouts, Investing
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