MacAndrews & Forbes Overview

Industry
Movies
Revenue
Headquarters
New York, NY
Employees
60,637
Founded In
Organization Type
Private
MacAndrews and Forbes Holdings Inc. is a principal investment firm specializing in investments in the retail sector. The firm prefers to make investments in companies engaged in the entertainment, cosmetics, security, and biotechnology industries. It was formerly known as Mafco Holdings. MacAndrews & Forbes Holdings, Inc. was founded by Mr. Ronald O. Perelman in 1991 and is based in New York, New York.
The staff at MacAndrews & Forbes come from unusually diverse demographic backgrounds. The company is 60.5% female and 38.3% ethnic minorities. Despite its diversity in other areas, MacAndrews & Forbes employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 76.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. MacAndrews & Forbes has great employee retention with staff members usually staying with the company for 4.1 years. The average employee at MacAndrews & Forbes makes $72,786 per year. Pay at MacAndrews & Forbes is significantly lower than some of its highest paying competitors, like KKR & Co. L.P., Apollo Global Management, and Morgan Stanley, which pay $116,284, $106,350, and $103,933, respectively.
MacAndrews & Forbes is an industry leader with 60,637 employees and an annual revenue of $22.0B that is headquartered in New York, NY.

The Organization’s Mission

To focus our business lines on strong market positions, high quality management with vertical expertise, recognized growth potential and ability to increase productivity.
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Average Salary
$72,786 yearly

The Team At MacAndrews & Forbes

Key People

Ronald O. Perelman

Edward MacAndrews

William Forbes

MacAndrews & Forbes Rankings

MacAndrews & Forbes is ranked #24 on the Best Media Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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MacAndrews & Forbes Salaries

9.7
Salary Score
The national average salary for a MacAndrews & Forbes employee in the United States is $72,786 per year. Employees in the top 10 percent can make over $124,000 per year, while employees at the bottom 10 percent earn less than $42,000 per year.
Average MacAndrews & Forbes Salary
$72,786
yearly
$34.99 hourly
Updated March 16, 2023
Average Employee Earnings

Highest Paying Jobs At MacAndrews & Forbes

MacAndrews & Forbes Diversity

9.4
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

MacAndrews & Forbes Gender Distribution

Male
Male
40%
Female
Female
61%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for MacAndrews & Forbes. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • MacAndrews & Forbes has 60,637 employees.

  • 61% of MacAndrews & Forbes employees are women, while 39% are men.

  • The most common ethnicity at MacAndrews & Forbes is White (62%).

  • 14% of MacAndrews & Forbes employees are Hispanic or Latino.

  • 12% of MacAndrews & Forbes employees are Black or African American.

  • The average employee at MacAndrews & Forbes makes $72,786 per year.

  • MacAndrews & Forbes employees are most likely to be members of the democratic party.

  • On average, employees at MacAndrews & Forbes stay with the company for 4.1 years.

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MacAndrews & Forbes Employee Political Affiliation

MacAndrews & Forbes employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a MacAndrews & Forbes employee was by Ronald Perelman. Ronald Perelman donated $274,247 to the Democratic Party.

MacAndrews & Forbes

Parties

Democratic Party

76.2 %
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Republican Party

23.8 %
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Employee Political Donations
NameJob TitlePartyDonation
Ronald PerelmanChief Executive OfficerDemocratic Party$274,247
Barry SchwartzChief Administrative OfficerRepublican Party$119,800
Evan KniselySenior Vice PresidentRepublican Party$108,745
Steven CohenExecutive Vice PresidentDemocratic Party$58,300
William BevinsExecutiveRepublican Party$30,000
Paul SavasPresident/Chief Executive OfficerRepublican Party$28,600
Christine TaylorExecutive Vice PresidentDemocratic Party$18,400
Elise AronsonVice PresidentDemocratic Party$15,500
Paul MeisterExecutiveRepublican Party$10,800
David KennedyExecutive Vice PresidentDemocratic Party$10,400
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MacAndrews & Forbes Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying MacAndrews & Forbes Competitors

Some of the competitors of MacAndrews & Forbes are KKR & Co. L.P., Apollo Global Management, and Morgan Stanley. The wages at KKR & Co. L.P. average higher than the other similar companies, where the median salary is $116,284 per year. Employees at Apollo Global Management earn an average of $106,350 per year, and the employees at Morgan Stanley earn an average salary of $103,933 per year.

Frequently Asked Questions about MacAndrews & Forbes

When was MacAndrews & Forbes founded?

MacAndrews & Forbes was founded in 1850.

How many Employees does MacAndrews & Forbes have?

MacAndrews & Forbes has 60,637 employees.

How much money does MacAndrews & Forbes make?

MacAndrews & Forbes generates $22.0B in revenue.

What industry is MacAndrews & Forbes in?

MacAndrews & Forbes is in the movies industry.

What is MacAndrews & Forbes's mission?

MacAndrews & Forbes's mission statement is "To focus our business lines on strong market positions, high quality management with vertical expertise, recognized growth potential and ability to increase productivity."

What type of company is MacAndrews & Forbes?

MacAndrews & Forbes is a private company.

Who are MacAndrews & Forbes's competitors?

MacAndrews & Forbes competitors include Morgan Stanley, Citi, Berkshire Hathaway, Prudential Retirement Insurance And Annuity Co On Behalf Of Its Separate Account Ssa-4642 Fire, Apollo Global Management, KKR & Co. L.P., Leonard Green & Partners, L.P., Agency For the Performing Arts, Paradigm Talent Agency, Christ for all Nations.

Who works at MacAndrews & Forbes?

Ronald O. Perelman (CEO)

Edward MacAndrews (Founder)

William Forbes (Founder)

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Zippia gives an in-depth look into the details of MacAndrews & Forbes, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MacAndrews & Forbes. The employee data is based on information from people who have self-reported their past or current employments at MacAndrews & Forbes. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MacAndrews & Forbes. The data presented on this page does not represent the view of MacAndrews & Forbes and its employees or that of Zippia.

MacAndrews & Forbes may also be known as or be related to MacAndrews & Forbes, MacAndrews & Forbes Holdings Inc, MacAndrews & Forbes Incorporated, MacAndrews & Forbes LLC, MacAndrews & Forbes, Incorporated and Macandrews & Forbes Group, Incorporated.