Ron Perelman’s debts are coming due

In 2012, Mr Perelman sued his art dealer, Larry Gagosian, claiming he had been repeatedly pressured into spending more on works than they were worth. In 2013, Harland Clarke, another Perelman company, sued Michael Milken over a settlement. Mr. Perelman said it wasn’t personal, but still. Mr Milken was – as a former head of high-yield securities at Drexel, Burnham, Lambert – largely responsible for Mr Perelman’s transformation into a billionaire.

Both lawsuits were dismissed.

Less known: Mr. Perelman is an easy crier.

It happened at the offices of MacAndrews & Forbes during a recent interview as he spoke about the end of his marriage to Ms Duff. In 1996, less than two years after giving birth to their daughter, Caleigh, Mr. Perelman broke up with her in the back seat of a chauffeur-driven car, while attending the Democratic National Convention.

That’s not the part that made him cry.

After returning home, Mr. Perelman called his ex-wife, Ms. Cohen. He was staying at his property in Creeks. She was at their old dive on Lily Pond Lane, which is 9.5 acres.

Mr. Perelman and Ms. Cohen were not very well placed at the time. In addition to how the marriage ended, he had clearly expressed his dislike for the man she was bouncing around with. In retrospect, Perelman acknowledged that wasn’t necessarily fair, even though the man is former New York senator Al D’Amato, who has clung to personal and professional scandals, as he put it. one day the Los Angeles Times, “like a sweaty man”. undershirt.”

“She said, ‘come on,’ and we talked pretty much all night,” Mr. Perelman said, his lips quivering, his eyes full of light. “And she never said a word about me giving her a hard time. We just held each other, and I said what an asshole I was. Afterwards, everything was as before. »

Although not entirely. They weren’t in love.

But she helped him through his epic three-year divorce from Mrs Duff and stood by him seven years later when his fourth marriage, to actress Ellen Barkin, ended. (Also not good: “The last time I saw Ellen, she threw a drink in my face,” he said.)

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