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Perelman, Ronald

Perelman, Ronald (1943-present)

Quick Facts

  • Billionaire investor who made a fortune buying and selling troubled companies across various industries
  • Made his first private equity deal during his Freshman year at Wharton in 1961; he bought it with his father for 800,000 and sold it three years later for a $1 million profit
  • Bought The Revlon Corporation in 1985 after a bidding war
  • Bought the Marvel Entertainment Group, the parent company of Marvel Comics, from New World Entertainment for $82.5 million
  • Education: Wharton undergrad