34 Facts About Ron Burkle

1.

Ron Burkle is the co-founder and managing partner of The Yucaipa Companies, LLC, a private investment firm that specializes in U S companies in the distribution, logistics, food, retail, consumer, hospitality, entertainment, sports, and light industrial sectors.

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2.

Ron Burkle made at least one deal with the assistance of junk bond financier Michael Milken.

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3.

Ron Burkle secretly organized a leveraged buyout with Charles Munger, vice-chairman of Berkshire Hathaway, who agreed to put up half of the equity.

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4.

Ron Burkle's portfolio was by then worth some $5 million, and during the next five years, he continued to invest in stocks and oversaw his family's rental properties.

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5.

In 1986, Burkle founded Yucaipa Companies, a private equity firm which invests in U S companies in the hospitality, sports, entertainment, logistics, food, consumer, light industrial, retail, manufacturing, and distribution.

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6.

Ron 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.

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7.

Ron Burkle is often seen as a businessman who maintains close relationships with labor unions and works with unions to solve business problems.

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8.

Ron Burkle is part owner of the Pittsburgh Penguins of the National Hockey League, although his stake in the team is unknown.

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9.

Ron Burkle played an active part in negotiations to construct the PPG Paints Arena for the Penguins.

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10.

Penguins, under the ownership of Ron Burkle, are the only North American sports team with ties to private equity that has won a championship.

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11.

However, Ron Burkle never confirmed the news publicly before exiting the Sacramento Republic's ownership group.

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12.

Ron Burkle has invested in technology startup companies through A-Grade Investments, a venture capital fund he founded with Ashton Kutcher and Guy Oseary.

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13.

Ron Burkle has invested in technology startup companies through Inevitable Venture, a venture capital fund founded by D A Wallach and Chris Hollod.

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14.

In January 2012, Ron Burkle invested in Artist Group International, a concert-booking firm whose clients include Billy Joel, Metallica, and Rod Stewart.

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15.

In March 2013, Ron Burkle invested in a branded entertainment company, Three Lions Entertainment, which focuses on branded entertainment events and cross platform marketing.

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16.

That same year, Ron Burkle acquired a minority stake in Independent Talent through Yucaipa fund.

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17.

In 2020, Ron Burkle made a major investment in the musical festival production Danny Wimmer Presents.

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18.

Ron Burkle sold his majority stake in supplier Golden State Foods to St Louis-based Wetterau Associates for about $110 million.

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19.

In 2014, Ron Burkle acquired Soho House, a chain of hotels and private members' clubs.

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20.

Ron Burkle maintains ownership stakes in a number of other hotel properties.

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21.

Ron Burkle has personally contributed millions of dollars to the Democratic Party and raised an estimated $100 million at celebrity-studded fundraising events he hosted for Democratic Party candidates at his Green Acres Estate in Beverly Hills, California.

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22.

Ron Burkle has hosted fundraisers for Bill and Hillary Clinton, John Kerry, Cory Booker, and Terry McAuliffe, as well as former Republican California Governor Arnold Schwarzenegger, among others.

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23.

In 2004, Ron Burkle helped finance the launch of Al Gore's Current TV, which was sold in January 2013 to Qatar-based cable news channel Al Jazeera.

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24.

In 2002, Ron Burkle hired Clinton as a senior advisor on two Yucaipa domestic investment funds.

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25.

Ron Burkle has received numerous honors and awards from labor including the AFL-CIO Murray Green Meany Kirkland Community Service Award and the Los Angeles County Federation of Labor Man of the Year.

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26.

In 1997, Ron Burkle donated $15 million for the construction of Walt Disney Concert Hall.

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27.

Ron Burkle is a trustee of The Scripps Research Institute, The Carter Center, the National Urban League, Frank Lloyd Wright Building Conservancy and AIDS Project Los Angeles.

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28.

Ron Burkle owns two of entertainer Bob Hope's properties, acquiring his John Lautner-designed Palm Springs home for $13 million in 2016 and Toluca Lake, CA home, originally designed by Richard Finkelhor in the 1930s and expanded in the 1950s by John Elgin Woolf, for $15 million in 2017.

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29.

In December 2013, Ron Burkle purchased an Olympic gold medal won by Jesse Owens at the 1936 Berlin Games for $1.

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30.

Ron Burkle owns the Mediterranean-styled mansion overlooking the bluffs of Black's Beach on a nearly six-acre plot in the La Jolla Farms neighborhood of San Diego, California.

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31.

Ron Burkle has worked with Novak Djokovic, world No 1 tennis player at the time, on strategic marketing and charitable initiatives.

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32.

Ron Burkle secretly videotaped two private meetings between himself and Stern, with the second meeting orchestrated and monitored by the FBI.

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33.

Ronald Burkle name was found in Jeffrey Epstein's black book and on Epstein's private jet log.

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34.

Ron Burkle took what were described as humanitarian trips to Africa with Bill Clinton on Epstein's private Boeing 727, the Lolita Express.

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