Ron Burkle Net Worth is$3.2 Billion
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Profession: Businessperson, Investor
Date of Birth: Nov 12, 1952
Nicknames: Ronald W Burkle
Country: United States of America
Ron Burkle, a businessman originally from Pomona, California, has an estimated net worth of $3.5 billion dollars. Ron Burkle is the founder of Yucaipa Companies, a private equity firm, and is a major fundraiser for and supporter of the Democratic Party. He also controls shares in a number of food and technology companies including Golden State Foods and Yahoo.
Ronald Wayne Burkle (born November 12, 1952) is an American business magnate and investor. A major political fundraiser, he is listed on the Forbes 400, with an estimated net worth of $3.2 billion in 2011.
Burkle was born in Pomona, California. He got his start in the supermarket business as a bag boy at his father's grocery store in neighboring Claremont. He later dropped out of college and founded Yucaipa Companies, a private equity firm which invests in retail, manufacturing, and distribution. He also founded the Ronald W. Burkle Foundation
Burkle has served as Chairman of the Board and controlling shareholder of numerous companies, including Alliance Entertainment,Golden State Foods, Dominick's, Fred Meyer, Ralphs, and Food4Less. He is currently a member of the board of Occidental Petroleum Corporation,KB Home, and Yahoo!
Burkle is a well-known Democratic supporter and fundraiser who raised more than $1,000,000 for the Hillary Clinton presidential campaign. Bill Clinton is employed by The Yucaipa Companies to help identify possible investment opportunities. He has supported California State Treasurer Phil Angelides and employed former San Francisco Mayor Willie Brown, both of whom are former California Public Employees' Retirement System (CalPERS) board members, but has also made contributions to California Governor Arnold Schwarzenegger.Robert Novak reported in June 2007 that 98 percent of Burkle's $1.5 million political contributions to date have gone to Democrats. Burkle helped finance Al Gore's cable Current TV network.
Burkle is also known for a tussle with the New York Post which tagged him the "Billionaire Party Boy".
He is part owner of the Pittsburgh PenguinsNational Hockey League team, although his current share is unknown. He co-owns the franchise with Penguins legend Mario Lemieux. The Penguins won the Stanley Cup in 2009.
In recent years he has been investing in technology startup companies through A-Grade Investments, a venture ca

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Ron Burkle Latest News

Stanley Cup champion Penguins no longer for sale, CEO confirms

We’re not looking at that right now.” Team co-owners Mario Lemieux and Ron Burkle hired Morgan Stanley in June 2015 to help with a possible sale of the team. It's unclear whether offers didn't materialize, if ones that did were too low or Lemieux and ...
Posted: October 14, 2016, 11:18 am

Pittsburgh Penguins no longer up for sale

"We couldn't be luckier to have owners like this in Pittsburgh." It is possible that team co-owners Mario Lemieux and Ron Burkle would add minority investors, Morehouse told the radio station. Morehouse's comments came hours before the Penguins raised ...
Posted: October 14, 2016, 3:38 am

Billionaire Ron Burkle sells penthouse in downtown L.A. for $2.5 million

It looks like Johnny Depp isn’t the only one checking out of the Eastern Columbia Building. Los Angeles billionaire investor Ronald Burkle has sold a penthouse within the downtown landmark for $2.5 million, among the highest prices ever paid per square ...
Posted: October 13, 2016, 2:17 pm
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