Ron Perelman is starting off the New Year a bit simpler. The banker and Revlon boss, once worth nearly $20 billion, just unloaded his longtime oceanfront Hamptons estate for a whopping $84.5 millio…
70 percent stake in Humvee
maker AM General in July 2020, as well as the auctioning of paintings by Joan Miró and Henri Matisse for $37.3 million the same month. Around the same time, he hired Goldman Sachs to “explore strategic alternatives” for Revlon where $3 billion in loans were due. Ronald Perelman attends the Apollo Theater’s Spring Gala and 80th anniversary celebration on June 10, 2014 in New York City.In September, the financier sold his 39 percent stake in Scientific Games, which makes gaming equipment for the casino industry. Perelman has also sold his pet publishing project, the Independent, a money-losing but popular East Hampton paper in June.back in August 2020, he revealed he desired a “a less complicated and less leveraged business life.
“A simpler life, with less running around and more time with my family, including home schooling our youngest children, has energized me and taught me new things. For the future, I will spend my time more with my family and all my children, seeking new investment opportunities, and running our companies.”
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