Richard Perry
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Most Recent Articles On Business FeaturesRICHARD PERRY
TITLE: Chairman
COMPANY: Barneys New York
NOMINATED FOR: Perry is head of Perry Capital, which took over majority control of Barneys New York from Istithmar World in May, in a debt-for-equity deal that cleaned up the luxury store’s balance sheet, wiping out practically all of the $550 million in debt and providing the wherewithal for some overdue capital improvements. Perry partnered on the deal with Ron Burkle’s Yucaipa Cos., which has a minority stake in Barneys. Perry, a longtime Barneys shopper, avid Pop Art collector and investor with a good track record of wealth creation, is married to designer Lisa Perry. As chairman of Barneys, he’s so far maintained his low-profile persona, though he has stated that he would like to see the store transformed into as much of a social setting as a luxury mecca and make the Barneys shopping experience more fun.
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