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"He travels all over the world, he has a lot of friends, but nobody cares about him," he said. The famed comedian and his wife, Dolores, built the house in the . , Charles Munger. About Ron Burkle. He maintains ownership stakes in a number of other hotel properties.[50]. For a man who says he is just trying to protect his privacy, Burkle has just invited a torrent of even greater scrutiny. She purchased business suits, gowns, cocktail dresses and garden party outfits. But he has had poor investments, too. In a recent and rare interview for the Wall Street Journal, Ron Burkle finally talks about his latest purchase: The Neverland Ranch. Earlier today, Ron Burkle informed the League that based on issues with the project related to COVID-19, he has decided to not move forward with the acquisition of an MLS expansion team in Sacramento. [12], At age 21, he married Janet Steeper, a Stater Bros. clerk and great-grandniece of the aviation pioneers, the Wright brothers. Trump.). The son of California billionaire Ron Burkle was found dead at his home in Beverly Hills, California, the Los Angeles County coroner said Tuesday. According to numerous stories, Janet Steeper's ex-husband charged her with having an illicit relationship with her partner, an ex-con. The one instance many cite when Burkle appears to have tried to throw his weight around -- though he has denied it -- is a bill in the state Legislature criticized by many legal and First Amendment rights groups that would make it easier to seal the records in divorce cases. Hes invaluable, Burkle says of his idol. The effort failed. In 2019, Burkle sold the house for $18 million. Following the Africa trip, Burkle reportedly returned home via a commercial jet, referring to Epstein as "creepy".[116][117][118]. He still owns a majority stake today but wont specify it. Burkle and Janet, whom he was then dating, divided the money into suitcases to be delivered to the kidnappers, who released their hostage unharmed. Ron is a pioneer.. The 2,700-acre Los Olivos, Calif., estate might be his most famous, but the billionaire . He has been the target of two dreaded media figures: The infamous Hollywood sleaze-digger and private eye Anthony Pellicano, whom Burkle feared was investigating him; and a freelancer for the New York Post who (says Burkle) tried to extort $100,000 from him to keep Burkle out of the tabloids dreaded gossip column, Page Six. He is a friend of Bill Clinton and a heavy Democratic political donor, and he also contributed to Schwarzeneggers campaign fund for ballot measures in 2006. All my time with my dad revolved around work, he says. [31] As of 2020, A-Grade's investment portfolio includes SeatGeek, SoundCloud, Uber, Warby Parker, Spotify, Foursquare, and Airbnb. . Rules Don't Apply is a 2016 American romantic comedy-drama film written, produced and directed by Warren Beatty.It is loosely based on the life of businessman and film producer Howard Hughes.The ensemble cast features Beatty, in his first screen acting role in 15 years, Annette Bening, Matthew Broderick, Lily Collins and Alden Ehrenreich.Set in 1958 Hollywood, the film follows the romantic . [1][11], By age 13, Burkle had joined United Food and Commercial Workers Union Local 770. Do Not Sell or Share My Personal Information, K-Pop isnt the only hot ticket in Koreatown how trot is captivating immigrants, Los Angeles is suddenly awash in waterfalls, Officials admit being unprepared for epic mountain blizzard, leaving many trapped and desperate, Desperate mountain residents trapped by snow beg for help; We are coming, sheriff says, Newsom, IRS give Californians until October to file tax returns, 15 arrested across L.A. County in crackdown on fraudulent benefit cards, This is me, this is my face: Actress Mimi Rogers on aging naturally, without cosmetic surgery, Hidden, illegal casinos are booming in L.A., with organized crime reaping big profits, Look up: The 32 most spectacular ceilings in Los Angeles, Elliott: Kings use their heads over hearts in trading Jonathan Quick, This fabled orchid breeder loves to chat just not about Trader Joes orchids. Burkle, 68 years old, bought the property last year for $22 . Dianne Feinstein and Barbara Boxer, Gov. This move placed Sacramento expansion hopes in doubt. ". He is used to exerting control over all the people that he comes into contact with, Janet says in court papers. (It was unusual to hear from a billionaire personally, and he shared this habit with only one other peer: Donald J. Burkle prefers an inside track, and his good reputation among union officials helps him get it. They were bros before that word was even in vogue, having met in 1992 . But the reporter was too smart to take the proffered gym bag full of greenbacks, and the ensuing scandal coverage (my own rival tabloid was only too happy run it on the front page for weeks) was as messy as it was inconclusive. 633 on Forbes' list of "The Richest People on The Planet 2014. Bush traveled to Thailand after the tsunami that struck in late 2004, Burkle flew with them on Air Force Two. Now all that hobnobbing looks smart. What did Disney actually lose from its Florida battle with DeSantis? To see his dad, Ron Burkle had to go to the store or help fix up the houses his dad owned. News that the liberal, California . The grocery magnates family life, the unsealed records show, was supremely up-market. It was common for me to spend $15,000 at one time at Barneys, and my average monthly expense for clothing was at least $10,000 (a conservative estimate), she said. Ronald W. Burkle, the co-founder of the . Burkle also has been slapped around by the bitchy media blog Gawker.com53 citings since March. Burkle said her husband owned a private 757 jet and a helicopter. Burn, Burkle, Burn, Slate chided. [108], In December 2018, the Serbian Government opened a consulate in Montana and Burkle was named honorary consul of Serbia in the US. Awards", "Los Angeles County Federation of Labor Man of the Year", "We Can Actually Solve the Problem of Childhood Hunger, Says Participant's Jim Berk", "Judd Apatow Honored by The Rape Foundation", "Jennifer Garner Honored at Rape Foundation Brunch", Frank Lloyd Wrights Ennis House Sells for $18 Million, Setting New Record, "Bob Hope's Toluca Lake Estate Finally Sellsto Billionaire Ron Burkle", "Penguins co-owner Burkle pays 1.4 million for Jesse Owens' gold medal", "Jesse Owens Medal Sold to Billionaire Burkle for $1.5 Million", "Next Makeover for a New No. Clinton writes of noticing that some stores were spared the widespread looting and arson in the riots and that he learned these outlets were owned by Ron Burkle, benefactor of the working poor. Those are before fees. He would hint at holding back on deep job cutsthereby ensuring the unions their membership duesand they would offer concessions on work rules. Ron Burkle was born on Nov. 12, 1952 in Pomona, Calif., the first of two sons born to Joseph and Betty Burkle. They would raise three children; today the youngest, a son, is 14. Burkle put $3,000 into American Silver and another metals company because he enjoyed coin collecting; that grew to $30,000. In April 1997, Ms. Burkle hired a personal attorney who assisted her in interviewing and obtaining family law counsel. He says he derailed the vacation for similar concerns and that she had tried to get their son to lie to Burkle about her rehiring of a nanny. [1] Joseph worked seven days a week, managing a Stater Bros. grocery store in Pomona and investing his savings in apartment buildings. He does not look forward to competing in bidding wars. Dave Benett/Getty Images The deal added yet another significant property to Mr. Burkle's extensive high-end property . The high court let stand a decision striking down a law passed by the Legislature and signed by Gov. From the mid-1980's to the late 1990's, Yucaipa became Mr. Burkle's platform for assembling supermarket holdings in Southern California and elsewhere that made him one of the biggest grocers in the nation -- with stakes in stores like Food 4 Less, Ralph's, Dominick's and Fred Meyer. Arnold Schwarzenegger and Los Angeles Mayor Antonio Villaraigosa. In wooing Tribune Co., Burkle could have a far tougher time earning such high returns. The associate, who requested anonymity because of the criminal investigation, added that Mr. Burkle enjoyed his relative anonymity. You may cancel your subscription at anytime by calling I wake up every morning and only think about good things.. McDonalds There is value to that., One likely partner: United Food & Commercial Workers International Union, whose president, Joseph Hansen, allied with Burkle in 2005 when he bought a controlling stake in Pathmark (he purchased 40% of the common stockplus some additional warrantsfor $150 million; the stake is now worth $330 million). Business triumphs: Sold Alpha Beta, Ralphs and Food 4 Less chains to Kroger for nearly $13 billion in 1999. By 1997 Janet Burkle had moved back in with him at Greenacres and they had signed a settlement granting her $30 million if they ended up parting ways. You'd never suspect he's a billionaire.". In May, Ms. Burkle retained Barry T. Harlan, a certified family law specialist with more than 30 years of legal experience, and in June 1997 she filed a . LAND MAN Burkles ties to politicians, pension funds and the trade unions at the companies he controls could be beneficial as he embarks on his next venture. Burkle wont reveal the details, but it appears that Clinton gets a cut of any profits the company makes on two funds so long as their returns exceed 8% a year. At age 21 Ron Burkle married an 18-year-old clerk he had met in the store: Janet Steeper, a great-grandniece of the Wright brothers, aviation pioneers. He said Carrie was reluctant to believe the two were involved. (if applicable) for The Wall Street Journal. The Yucaipa Companies is a premier investment firm that has established a record of fostering economic value through the growth and responsible development of companies. Billionaires often have private jets at their beck and call. On April 21, he held a fundraiser at Green Acres for Sen. Hillary Clinton, D-N.Y. Clinton's husband, meanwhile, sits on the board of Burkle's investment company, the Yucaipa Cos., and reportedly shares in the profits of successful investments. They talk weekly, and at Clintons sixtieth birthday party in New York in October, Burkle sat behind his partner as the Rolling Stones prepared to play a private gig at the Beacon Theater. Ron Burkle and Bill Clinton used to go together like peanut butter and jelly, bread and butter, unprotected sex and gonorrhea. Ronald Burkle's net worth is estimated to be around $2 billion. [1] They had three children together. Ron Burkle's La Jolla, Calif., mansion, which overlooks Black's Beach. Thats a nice benefit, but the real reason we invest in these areas is to make money.. Golden State, one of McDonald's biggest suppliers, operates 11 distribution centers in the United States and abroad and two U.S. processing plants. Mayor of Kingstown will be executive produced by Sheridan, co-creator Hugh Dillon, Jeremy Renner, Antoine Fuqua, David Glasser, Ron Burkle, Bob Yari and Michael Friedman. Two funds claim internal rates of return of 26% and 34% (annualized) since opening in 2002, and a third opened in 2003 has returned 40% a year, Yucaipa reports. Mr. By the time Whole Foods Market, a natural-foods grocer, agreed to pay $565 million for Wild Oats, Burkle was the largest shareholder of Wild Oats. News that the liberal, California billionaire has emerged as a .css-gegin5{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#9a0500;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-gegin5:hover{color:#595959;text-decoration-color:border-link-body-hover;}likely buyer for the National Enquirer is the latest startling twist in the long history of that tabloid, which was founded as a muck-raking New York weekly in 1926. Even some of his friends look at the contrast between such ostentatious displays of wealth and the more down-to-earth image Burkle tries to cultivate and scratch their heads. He graduated at 16 without ever going back to class. Getty Images. [1][11], In 1986, Burkle founded Yucaipa Companies, a private equity firm[9] which invests in U.S. companies in the hospitality, sports, entertainment, logistics, food, consumer, light industrial, retail, manufacturing, and distribution. Every item on this page was chosen by a Town & Country editor. Ben Widdicombe reports for T&C on the nexus of privilege and power, and the badand occasionally goodbehavior of the very rich. 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. . The company hired to build the stadium, is now suing former lead investor, billionaire Ron Burkle for fraud and breach of contract. She said her father phoned his security director in front of her, and told her Janet Burkle was with her boyfriend at this very moment.. (Haley Nelson/Post-Gazette) Ron Burkle, the tactician. Since the mid-2000s, when he divorced his wife, his name would often be cited as a guest at model-filled social events, or alongside celebrities such as Paris Hilton. Billionaires generally have big houses . Ron Burkle, who has long been obsessed with gaining control over the hidden levers of power and celebrity, is like a boy who can't resist playing with fire. This is not true.. At the time, his public image was of a supremely eligible, billionaire bachelor. [99][100], Burkle is a fan of historic architecture. And then he got very serious about investing, parlaying a few lucky bets on regional grocery chains into a controlling stake in giant Pathmark, management of four private equity funds with $4 billion from investors, stakes in some 35 companies and a personal fortune that FORBES pegs at $2.5 billion. "As the Penguins enter a new chapter, I will continue to be as active and engaged with the team as I always have been and look forward to continuing to build on our success with our incoming . Details of the deal, under which Mario Lemieux and Ron Burkle will retain minority interests, were not announced, but Dejan Kovacevic has reported that it is worth $900 million. Ron Burkle, who has long been obsessed with gaining control over the hidden levers of power and celebrity, is like a boy who cant resist playing with fire. He then began an ill-fated bid to take over his employer, Stater Brothers, and invested briefly on his own before forming a holding concern, the Yucaipa Companies, named after a small town near Palm Springs where he owned a home. [43], In 2018, Burkle's investment firm Yucaipa acquired a minority stake in the Spanish music festival Primavera Sound. You may change your billing preferences at any time in the Customer Center or call DirecTV Rebel Wilson gets engaged to girlfriend Ramona Agruma Wiki. Then, in 1981, their son, John Burkle, arrived. "[110][111], In April 2006, Burkle accused New York Post columnist Jared Paul Stern of attempting to extort money from him in exchange for stopping the publication of stories in Page Six, the paper's gossip column, about his private life. "It is with the heaviest of hearts and . In response to Carries refusal, Ronald Burkle asked her a question to the effect, What do I have to do to convince you? The two men would become close friends, albeit in the Presidents memoir, published in 2004, Burkle is cited only twice in 969 pages: He is one of 57 people named in the twelfth paragraph of 4 pages of acknowledgments; and their first meeting shows up on page 409. No wonder, then, that Ron Burkle might be tempted to buy a printing press of his own. Burkle, who owns the Penguins with Mario Lemieux, has been sued by two companiesM.A. Burkle's investments and transactions include: 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. He operates from a clutch of relatively nondescript offices on Sunset Boulevard in Los Angeles that once belonged to David Geffen, the DreamWorks co-founder. He has helped finance Al Gore's Current TV network. Pittsburgh Penguins co-owner Ron Burkle's abandoned attempt to bring the 30th MLS franchise to Sacramento has instead brought him legal troubles. Burkle has been the chairman of the board for Alliance Entertainment, Dominick's, Fred Meyer, Ralphs, and Food4Less. In the realm of scandals, too, Burkle, who made his billions from California supermarket chains, now appears to be in a league of his own. A bitter battle ensued, and Burkle won every round. Lot Size 9,018 square feet. "[2], Burkle is a prominent Democratic activist and fundraiser. The Post responded with a letter asking Mr. Burkle to provide details on his complaints about the column. That moment has its own bit of mythmaking. To ferret out new steals and deals, he counts on rainmaker Clinton. Items about Mr. Burkle's social life and personal comings and goings began appearing on the page without any warning, or so much as a call for comment, the associate said -- and with little resemblance to the truth. In June 2004 California passed a law allowing divorce records to be sealed at the request of either spouse. [17], Burkle is often seen as a businessman who maintains close relationships with labor unions and works with unions to solve business problems. He would prefer that people see in him a classic American success story. Already a member? Specs 2,502 square feet, 5 bedrooms, 4.5 bathrooms. TRD Staff. Show you a videotape of them together?. We know how to help solve those problems. As a subscriber, you have 10 gift articles to give each month. He is also a part owner of the Pittsburgh Penguins hockey team and a major investor in rap mogul Sean Combs' Sean John clothing company. Country of residence : United States. With the Page Six imbroglio, that image of a powerful man with a low-key personality has now been turned on its head. (Gore receives a portion of the profits and is believed to own a minority stake). These he offered to Burkle for sale in bulkperhaps as holiday gifts for his large staff, or so went one suggestion. The Greenacres estate -- once owned by silent-film star Harold Lloyd -- had a dining room that sat 20. Burkle insists that he never lobbied for the new law. He has been a corporate board member of the boards of Occidental Petroleum Corporation,[16] KB Home, and Yahoo! We are delighted that you'd like to resume your subscription. [5], Burkle's net worth was estimated at US$2 billion in February 12, 2018. 1 of 3-X Show More Show Less 2 of 3 FILE-- Supermarket magnate Ron Burkle, shown in this undated file photo, rose from box boy to the top of the grocery food chain and into the political and . In 2000 Burkle decided to launch a few private equity funds aimed at big no-auction deals (he has been the sole bidder in 75% of his transactions), and he brandished a well-honed talent for mixing business and politics. 757. Los Angeles, 17 things to do in Santa Cruz, the old-school beach town that makes for a charming getaway, 12 reasons why Sycamore Avenue is L.A.s coolest new hangout, Fox News finally reveals its kryptonite: the bottom line, The Week in Photos: California exits pandemic emergency amid a winter landscape, Snowboarder dies at South Lake Tahoe resort, California to alter COVID rules in healthcare settings: Masks and vaccinations not required, Welcome to the world, baby Winter, born amid a snowstorm in Lake Arrowhead, Gripped by grace: Thousands gather for Bishop OConnells funeral Mass. More scorn for Burkle: In the mid-1990s he had contributed money to the campaigns of Governor Gray Davis, San Franciscos former mayor Willie Brown (his former lawyer) and State Treasurer Philip Angelides, and later Brown and Angelides joined the Calpers board. Previously, he bought Chicago's Dominick's chain and sold it to Safeway for $1.2 billion, earning himself and his investors enormous returns. . Such well-known investors as George Soros have backed his business deals, and his wealth, political donations and philanthropy (as well as a private 757 jetliner he owns) have allowed him to rub shoulders with financial and political leaders around the country. But, Quintero said, he won the support of the group that had offered financing for the attempted buyout, including Warren Buffet's Berkshire Hathaway, and other financiers in the company's circle. In 2008, Hathaway dumped Follieri. From one of the ranchs highest points, Mr. Gleason points at a huge piece of flat grassland dotted with large trees. Bill Clinton visited Ron Burkle at home in Santa Monica in July, 1997. paying Pellicano to investigate each other, Your Privacy Choices: Opt Out of Sale/Targeted Ads. He got us in with the Teamsters, and thats important for deal flow going forward.. You will be notified in advance of any changes in rate or terms. President Clinton has a bedroom at Greenacres mansion in Beverly Hills and has stayed there every time he has been in Los Angeles since taking office in 1992. When Petrolane decided to sell Stater, Burkle, then 28, worked in secret to line up a leveraged buyout; Munger agreed to have Berkshire put up half of the equity. Ron Burkle made two donations of $100,000 to Terry McAuliffe's campaign to be the next governor of Virginia during the past year, including one in September, according to new filings. This is a carousel. Burkle has given millions of dollars to politicians and carefully cultivated close relationships with leaders up and down the state, including Sens. There are no such videotapes. Two years later he broke both legs in a poolside accident and had to take time off from his job and leave high school to recuperate. As an investor, Yucaipa works with management to strategically . Janet Burkle left Ron again in 2002, her $30 million settlement intact, and headed to court a year later to argue she had been swindledthat her settlement should have been $1 billion. Before he began his business career, he had worked as a store manager, at Stater Bros. Glaser said the allegations had been withdrawn and the divorce court judge had ruled them inadmissible. They have insinuated, for instance, that Burkle, who is divorced, and Clinton were first introduced by a "lovely young lady;" that Burkle carefully avoided sitting next to some beautiful models at a Lionel Ritchie concert recently to conceal his womanizing; and that another mansion of his, in La Jolla (San Diego County), is a love nest. Ronald Wayne Burkle, 54, the California-born son of a grocery store manager, worked for his dad as a box boy, dropped out of college and put in 15 years at his dads store and the company that owned it. We sustained losses, he says, but they were far less than at the other stores and chains.. [41] In 2014, he bought Artist Group International and, through the Paradigm Talent Agency, partnered with London's CODA Music Agency and X-ray Touring. [109], In December 2020, Burkle, a former family friend of Michael Jackson, purchased Jackson's former Neverland Ranch property for $22 million as a "land banking opportunity. Burkle donated $15 million toward the construction of downtown L.A.'s Walt Disney Concert Hall in 1997. Linda Griego, a former Los Angeles deputy mayor, ran Rebuild LA, the organization that sought to rehabilitate the devastated inner city after the Rodney King riots in 1992. Stern is unbowed; he says the video was a trap and that he was seeking an investment in a clothing company not a bribe. (Burkle points out that he also raises money for philanthropy$100 million in ten years for Ronald McDonald House, City of Hope, the antidrug group DARE and other charities.). -- quickly leaked to newspapers -- would quiet the baying hounds, he overestimated his clout, at least in the big leagues of scandal. He also invested in what he knew best, grocery store stocks, helped by a sharp eye for undervalued real estate. Yucaipa arranged for Clinton to make a speech at a Teamsters conference in 2003, and later Clinton urged Teamsters President James Hoffa Jr. to trust Burkle and present him with possible deals. Burkle says he realized the impact his next fund could have after talking to the veteran investor Kirk Kerkorian, who now rankles the executive ranks of For Jared Paul Stern, who at the time was second banana at the Posts influential Page Six column, the ancillary business was fashion design. Pathmark stock is up 120% in the 20 months since Yucaipa invested. "Corporate governance is not just for the boardrooms," Mr. Burkle said in a statement a public relations adviser issued yesterday. A board member of the Getty Trust and other museums, he's a major collector of everything from old Masters to post-Impressionist works. Burkle started with a $200,000 investment in the small Jurgensens chain, which he flipped for a $1.3 million profit two years later. [47], In 2014, Burkle acquired Soho House, a chain of hotels and private members clubs. The application accused her husband of spying on her, their young son and her boyfriend. Burkles tie to Clinton also put him next to former Vice President Al Gore. Sign In. Lemieux said: "We are shocked and deeply saddened to learn of Andrew Burkle's passing and offer our deepest condolences to Ron and his family. (Burkle had fired the caretaker for taking the boy to the apartment of her boyfriend, a convicted drug felon.). Burkle, Hansen says, always wants to keep a dialogue running. Among the disclosures were that he reportedly had a private investigator follow and harass his ex-wife and her personal-trainer boyfriend -- allegations Burkle has denied -- and that he won a lawsuit filed by his 30-year-old daughter, Carrie, who claimed he owed her money taken from an investment fund. California State Polytechnic University, Pomona, John F. Kennedy Center for Performing Arts, "Yucaipa Returns to Market with $1.65 Billion Target", "Company Information: The Yucaipa Companies LLC", "Matt Damon, Ben Affleck to Co-Host Cory Booker Fundraiser", "Protecting Hillary: Bill Clinton Severs Business Ties With Billionaire Buddy Burkle", "Burkle Gets Bill Clinton's Ear, No Respect From Ovitz", "LA 500: Ron Burkle | Los Angeles Business Journal", "What Ron Burkle's success, star power mean for Sacramento's Major League Soccer bid", "Ron Burkle opens up on Penguins ownership, Mario Lemieux and the future", "Trump sticks to hockey in honoring Cup champion Penguins", "NHL Lockout 2012: Progress Will Be Made When Players and Owners Meet on Tuesday", "Pittsburgh Penguins' Ron Burkle seen as possible bridge builder in NHL talks", Archive: Pittsburgh Penguins' Ron Burkle seen as possible bridge builder in NHL talks, "Mets Fans Beware, Private Equity-Owned Teams Lose on the Field", "Sacramento Republic's MLS hopes get boost as Ron Burkle agrees to take over team", "Ron Burkle pulls out as MLS expansion team owner in Sacramento", "San Diego confirmed as 2022 NWSL expansion market; Ellis to serve as team president", "San Diego To Be Home to NWSL Expansion Team, Led by Jill Ellis as President", "Ashton Kutcher's Sound Ventures Looks to Raise New Fund | Los Angeles Business Journal", "SoundCloud Receives Investment from Ashton Kutcher's A-Grade", "How Ashton Kutcher built a Silicon Valley investing career", "Guy Oseary, Ashton Kutcher's Tech Fund A-Grade Valued at $150 Million", "How I Made It: Billionaire's right-hand man Chris Hollod on becoming a big fish in a big pond", "Ron Burkle's Yucaipa Buys Music Booking Power Artist Group International", "Mogul Ron Burkle partnering in new branded entertainment company", "Paradigm, Yucaipa Expand European Reach by Pacting With London-Based X-Ray Touring", "Billionaire Ron Burkle takes stake in Independent Talent", "Report: Ron Burkle's Yucaipa Companies Makes A 'Substantial' Investment In Danny Wimmer Presents", "Burkle sells 51% stake in Golden State Foods", "Soho House Raises $100 Million To Expand Its Members' Club Around The World", "MGM Getting Into Boutique Hotel Business With New Acquisition", "Burkle Ronald W ownership in COLD / Americold Realty Trust - 13F, 13D, 13G Filings - Fintel.io", "Barnes & Noble Battle Royale: Burkle vs. Riggio", "Fleming Reaches Agreement to Become Only Food Supplier for Kmart Stores", "A&P in talks to buy Pathmark for about $653 million", "Company News; Cyrk Merger Is Being Explored By Major Shareholder", "P. Diddy Bulking Up: L.A. Investor Injects Millions Into Sean John", "PRIMEDIA ENTHUSIAST TITLES SOLD FOR $1.2 BILLION", "Burkle's Yucaipa Funds Targets Barnes & Noble; Asks OK To Boost Stake To 37%, Matching Riggios", "Barnes & Noble Won't Let Burkle Raise Stakes", "Relativity back in business with debt backed by Ron Burkle", "Haute 100 Los Angeles Update: Ronald Burkle Offers Amalgamated Bank a Chance for Growth", "Clinton's back in Beverly Hills tonight", "McAuliffe headed to Aspen, L.A. for PAC fundraisers", "Elton John fetes crowd at Ron Burkle's estate in support of Prop. He 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.. Yucaipa has executed grocery-chain mergers and acquisitions .