Ron Perelman sells Hamptons estate for $84.5M, wants ‘simpler life’
Ron Perelman is starting off the New Year a bit simpler.
The banker and Revlon boss, once worth nearly $20 billion, just unloaded his longtime oceanfront Hamptons estate for a whopping $84.5 million, according to Dirt. (The buyer was listed anonymously under 153 LPL LLC, according to property docs seen by The Post.)
The move comes as Revlon struggles with a mounting $3 billion in debt.
Perelman, 79, first listed the home back in June for $115 million.
While walking away with $30 million less than the initial asking price, the owner of the MacAndrews & Forbes Incorporated holding company is still making a sizable profit.
Perelman initially purchased the nine-acre, 10-bedroom, 15-bathroom estate on 153 Lily Pond Lane for $4.25 million back in 1986. But he hasn’t actually occupied the home in years.
A 1971 teardown, the residence features 385 feet of oceanfront views and spans more than 11,400 square feet.
Amenities include a pool and a tennis court with its own pavilion.
The East Hampton home is just one of two homes in Long Island owned by Perelman.
He still owns the Creeks — a 57-acre estate situated on Georgica Pond — which he is currently shopping around for a whopping $180 million, The Post previously reported.
And he put his Upper East Side townhouse up for sale last spring for $60 million. It still remains on the market today.
His downsizing efforts include the sale of his 70 percent stake in Humvee maker AM General in July 2020, as well as the auctioning of paintings by Joan Miró and Henri Matisse for $37.3 million the same month.
Around the same time, he hired Goldman Sachs to “explore strategic alternatives” for Revlon where $3 billion in loans were due.
In September, the financier sold his 39 percent stake in Scientific Games, which makes gaming equipment for the casino industry. Perelman has also sold his pet publishing project, the Independent, a money-losing but popular East Hampton paper in June.
In a rare statement to Vanity Fair back in August 2020, he revealed he desired a “a less complicated and less leveraged business life.”
“A simpler life, with less running around and more time with my family, including home schooling our youngest children, has energized me and taught me new things. For the future, I will spend my time more with my family and all my children, seeking new investment opportunities, and running our companies.”
Perelman has been married five times and has eight children.
