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MacAndrews & Forbes

OVERALL

Owned
USA
Rating
Criticisms

Holding company

Wholly owned by chairman and CEO Ronald Perelman. Current holdings include investments in public and private companies across a wide range of industries, from cosmetics and entertainment to biotechnology and military equipment. Became majority shareholder of Revlon in 1985.

MacAndrews & Forbes Inc   USA     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
MacAndrews & Forbes Inc
Social Defense & Military
MacAndrews & Forbes is a major shareholder of AM General, a world-leader in the design, engineering, production and technical and parts support of military and special purpose vehicles.
MacAndrews & Forbes is also a major shareholder of SIGA Technologies, who develops products for the prevention and treatment of serious infectious diseases, including products for use in defence against biological warfare agents. SIGA has received significant funding from the US Department of Defense.
Source: company website (2018)
Business Ethics Involvement in gambling
MacAndrews & Forbes is a major shareholder of Scientific Games, provider of customized, end-to-end gaming solutions to lottery and gaming organizations worldwide. Scientific Games' integrated array of products and services include instant lottery games, lottery gaming systems, terminals and services, and internet applications, as well as server-based interactive gaming machines.
Source: company website (2018)
Business Ethics Giving Pledge signatory
Company owner Ronald Perelman has signed the Giving Pledge - a commitment by some of the world's wealthiest individuals and families to dedicate the majority of their wealth to philanthropy. The campaign has founded by Bill Gates and Warren Buffett in 2009. The pledge is a moral commitment to give, not a legal contract.
Source: Giving Pledge (2014)
Business Ethics OpenSecrets.org profile
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)

> About the Icons

Company Details

Type Private company

Contact Details

Address New York, New York, USA
Website www.macandrewsandforbes.com

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