Skip to content
Subscriber Only

Perelman Begins Unwinding Multibillion Dollar Empire With Sale

  • Perelman’s MacAndrews & Forbes sells Humvee-maker AM General
  • Billionaire exploring sale of Scientific Games shares, artwork
Ronald Perelman
Ronald Perelman
Updated on

Ronald Perelman, the billionaire looking to rework his MacAndrews & Forbes investment empire, is selling his majority stake in Humvee maker AM General.

The move to sell the auto manufacturer, one of Perelman’s largest assets, marks the start of what could be a significant shakeup for his vast holdings, which span cosmetics, military vehicles, pharmaceuticals and business services.