October 1, 2009
Billionaire Philanthropist Makes Giving a Family Tradition
Ronald O. Perelman, the billionaire founder of MacAndrews & Forbes, a holding company in New York, and the chairman of Revlon, says his philanthropy, which included $63.5-million in gifts and pledges last year, is part of a family tradition.
Its roots go back to Mr. Perelman's parents, Raymond G. and Ruth Perelman, who themselves have given tens of millions of dollars to nonprofit organizations, including the University of Pennsylvania and the Philadelphia Museum of Art. (Like his
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