Ronald Perelman /

Ronald Owen Perelman (born January 1, 1943) is an American investor who made his fortune buying beleaguered corporations and re-selling them later for enormous profits. He has invested in grocery, cigar, licorice, makeup, car, photography, television, camping, security, lottery, jewelry, banks, and comic book companies mostly through his whole owned company MacAndrews & Forbes Holdings Inc. Perelman was born in Greensboro, North Carolina to Raymond and Ruth Perelman in 1943. His family practiced Judaism. Raymond was an accomplished businessman in his own right. Along with his father and brother, he controlled the American Paper Products corporation. Raymond eventually left the company and bought Belmont Iron Works, a manufacturer of structural steel. On Raymond's knee, Perelman learned the fundamentals of business. By the time Ronald turned eleven years old he regularly sat in on board meetings of his father's company. Raymond was a rough teacher, harshly criticizing Ronald for even the slightest misstep. Perelman attended The Haverford School and then the Wharton School at the University of Pennsylvania where he followed in his father's foot steps and majored in business. He