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Raymond G. Perelman

Raymond G. Perelman (August 22, 1917 – January 14, 2019) was an American businessman and philanthropist who served as the founder, chairman and CEO of RGP Holdings. He was the father of Ronald Perelman and Jeffrey E. Perelman. He was known for his philanthropy and charitable giving, as well as his close ties with the city of Philadelphia and the University of Pennsylvania.

Raymond G. Perelman
Born(1917-08-22)August 22, 1917
DiedJanuary 14, 2019(2019-01-14) (aged 101)
Philadelphia, Pennsylvania, U.S.
Alma materWharton School of the University of Pennsylvania
OccupationBusinessman
EmployerRGP Holdings
TitleFounder, Chairman, and CEO
ChildrenRonald Perelman
Jeffrey E. Perelman

Early lifeEdit

Raymond Perelman grew up in the Olney and Feltonville neighborhoods of Philadelphia.[1]

EducationEdit

Raymond Perelman studied business and finance at the Wharton School of the University of Pennsylvania.[2] He graduated from Wharton in 1940, and began his career in investing and philanthropy.

CareerEdit

Raymond Perelman, through RGP Holdings, owns significant interests in financial, manufacturing and mining companies. He was a Trustee of the Raymond and Ruth Perelman Education Foundation.

Raymond Perelman has been the Chairman and CEO of Belmont Holdings Corporation since 1994. He has also served as President and CEO of Champion Parts, as well as the Chairman of Grefco Minerals and additional companies.[3]

According to the Chronicle of Philanthropy, Raymond and Ruth Perelman have donated hundreds of millions to various organizations, with the University of Pennsylvania being the largest benefactor. In 2011 alone, they donated over $227 million, with $225 million going to the University of Pennsylvania.[4]

PersonalEdit

Raymond Perelman has been in legal disputes with his son, Jeffrey Perelman.[5][6] He was Jewish.[7] He turned 100 in August 2017.[8] Raymond Perelman died on January 14, 2019 at age 101.[9]

ReferencesEdit

  1. ^ Writer, By Karen Heller, Inquirer Staff. "Ruth and Raymond G. Perelman: 'A fabulous duo,' giving back". http://www.philly.com. Retrieved 2019-01-31. External link in |website= (help)
  2. ^ "About the Perelmans". University of Pennsylvania. September 14, 2008.
  3. ^ "Executive Profile: Raymond G. Perelman". Bloomberg Businessweek. October 21, 2013.
  4. ^ "Philanthropy: Raymond G. and Ruth C. Perelman". The Chronicle of Philanthropy. February 6, 2012.
  5. ^ "Perelmans at War". Philadelphia Magazine. February 23, 2010.
  6. ^ "Perelman Family Conflict Grows as Son Sues Father, Brother". Philly.com. November 4, 2010.
  7. ^ Abigail Pogrebin, Stars of David: Prominent Jews Talk About Being Jewish, (Broadway 2007)
  8. ^ "The Pennsylvania Gazette » Ray Perelman: An Outstanding Penn Citizen Turns 100".
  9. ^ DiStefano, Joseph M. (January 15, 2019). "Raymond G. Perelman, master investor and philanthropist, dies at 101". The Philadelphia Inquirer. Retrieved January 16, 2019.