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Ronald Perelman
Chairman of MacAndrews & Forbes, MacAndrews & Forbes

Revlon, Technicolor & MFW: Interview of Ronald Perelman

🎥 Feb 11, 2019 📺 UniversityofPennsylvaniaCareyLawSchool ⏱ 44m
Watch on YouTube

About Ronald Perelman

Ronald Perelman, chairman of MacAndrews & Forbes, has been involved in legal and business discussions regarding the company's history and his role in corporate cases. In a 2019 interview, he described himself as "the world's most tenacious human being" and "probably the most impatient," and discussed his acquisition of Pantry Pride and the hostile takeover of Revlon, which he called "probably the largest hostile deal done up until that moment." He expressed that the key lesson from Delaware corporate law is "transparency and fairness and compliance," and said he believes "the obligation of the board to do what's right" is the most important aspect of the Revlon case. Perelman has also publicly discussed his friendship with Donald Trump, stating in 2015 that he has known Trump for 30 years and considers him a good friend. He said he supports "a lot of his positions" but does not support "throwing out the Mexicans and building a wall on their way out." Additionally, Perelman has been active in philanthropy, including a $25 million gift to establish the Ronald O. Perelman and Claudia Cohen Center for Reproductive Medicine at Weill Cornell Medicine, and a donation for an emergency center at NYU Langone Medical Center, which he described as "the best of its kind in the world."

Source: AI-verified profile updated from Ronald Perelman's recent appearances. Browse all interviews →

Transcript (2 segments)
I
Interviewer0:19
Mr. Perelman, it's a pleasure to speak with you today. I don't mind taking the time, thank you. I think you probably know that you have a legendary status among Delaware corporate lawyers and lawyers who study Delaware corporate law. So this is a rare opportunity to get a little bit of a better sense of your role in these cases and what these cases were about. So thanks. And in that regard, what aspects of your personal background do you think would be most meaningful to people who are studying these cases?
R
Ronald Perelman1:12
I think I'm very rarely reached the point of giving up. My first wife once said to me, 'You kick a dead horse and tell it to get its ass up moving.' And I think that that one comment described me more accurately than anything else that I've ever heard about me.