Ronald Perelman, an American entrepreneur and investor, has a net worth of $4 billion.
Ronald Perelman’s company, MacAndrews & Forbes Holdings Inc., gained popularity in the 1980s when he bought Revlon cosmetics.
He has invested in various sectors such as groceries, cigars, licorice, makeup, cars, television, camping gear, banks, comic book publishing, and more.
During the 1980s, he was repeatedly recognized as the wealthiest individual in the United States.
He was regarded as one of the most feared corporate burglars of that era.
Over the past few decades, his net worth has reached $20 billion.
During the COVID-19 crisis, Ron’s fortunes plummeted from $14 billion to $4 billion in less than a year in 2020. Ronald Owen Perelman was born in Greensboro, North Carolina on January 1, 1943.
He was brought up in Elkins Park, Pennsylvania, near Philadelphia.
Perelman’s father, Raymond, a successful buyout artist, taught his son the ins and outs of running a company.
At the age of 11, Ronald was known to attend meetings with his father and was reportedly subjected to severe criticism for any business mishaps.