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Sun Sep 20, 2020, 03:04 PM

Billionaire Selling Almost Everything

Perelman Selling Almost Everything as Pandemic Roils His Empire
Billionaire’s artwork, private jet, company stakes are on the market

What in the world is going on with Ron Perelman? His exploits on and off Wall Street have been tabloid fare in New York since the go-go 1980s. But now, at an age when most fellow billionaires are kicking back, Perelman, 77, is facing a range of financial challenges, most of all at Revlon Inc., his cosmetics giant.

Once touted as America’s richest man, his wealth has dropped from $19 billion to $4.2 billion in the past two years, according to the Bloomberg Billionaires Index.

Bankers, socialites and art collectors have been buzzing about Perelman since his investment company, MacAndrews & Forbes, said in July it would rework its holdings in response to the coronavirus pandemic and the ravages it caused to American businesses, including his own.

https://www.bloomberg.com/news/articles/2020-09-18/perelman-selling-almost-everything-as-pandemic-roils-his-empire

Another rat leaving the sinking ship?

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BlueWavePsych Sep 20 OP
BComplex Sep 20 #1

Response to BlueWavePsych (Original post)

Sun Sep 20, 2020, 03:26 PM

1. I'm sorry, but any dude that has $4.2 Billion does NOT get my sympathy.

WTF???

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