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

Derek Jeter’s Greatness Will Be Tested as Owner of a Losing Team

Chuck Greenberg, the former managing partner and chief executive of the Texas Rangers, said Jeter should study the example of Mario Lemieux, the Pittsburgh Penguins Hall of Famer who now owns the team with Ron Burkle. “It was a franchise that was ...
Posted: August 16, 2017, 4:44 pm

Uber Shareholders Defend Former CEO And Ask Rebel Investor To Leave Board

On Friday, early Uber investor Shervin Pishevar of Sherpa Capital and two other shareholders, Ron Burkle of the private equity outfit Yucaipa Companies and Adam Leber of the entertainment management firm Maverick, wrote that they were "distressed" to learn ...
Posted: August 13, 2017, 7:08 pm

Uber investors call for Benchmark to step down from board of directors

The investor group behind the email includes Sherpa Capital’s Shervin Pishevar, who signed as an individual, Yucaipa Companies’ Ron Burkle and Maverick Management’s Adam Leber. The demand comes a day after Benchmark sued Uber and its former CEO ...
Posted: August 14, 2017, 7:58 am

3 Uber Investors Ask Benchmark to Vacate Board Seat

The investors are Sherpa Capital’s Shervin Pishevar, Yucaipa Companies’ Ron Burkle and Maverick’s Adam Leber. They don’t hold seats on the board or a majority of the company’s stock, but the letter said they’re seeking other shareholders to add ...
Posted: August 13, 2017, 9:12 am

Ryan Kavanaugh Sued for Fraud by Relativity Hedge Fund Investor

Among the representations Metz’s suit claims turned out not to be true include that the company would be having an “imminent IPO” and that billionaire Ron Burkle had invested $10 million in the studio. Relativity filed for chapter 11 bankruptcy in ...
Posted: August 17, 2017, 7:50 pm
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