American business magnate Ronald Wayne Burkle has an estimated net worth of $1.57 billion in April 2016, according to Forbes.

After working as a bag boy in a grocery store owned by his father, Ronald Burkle decided to drop out of college to establish his private equity firm, Yucaipa Companies. The firm primarily invests on distribution, manufacturing and retailing. Later on, he became the company's Chairman of the Board.

His dreams of becoming successful in the world of business didn't just stop at Yucaipa Companies. Through hard work and determination, he became the controlling shareholders of many companies in the US which include Golden States Food, Alliance Entertainment, Ralphs, Food4Less, Dominick's and Fred Meyer. He currently serves as one of the board members of KB Home, Yahoo! and Occidental Petroleum Corporation. Recently, he invested at Three Lions Entertainment, a branded entertainment company. He co-owns the Pittsburgh Penguins franchise of the National Hockey League with Mario Lemieux.

Ronald Burkle was born on November 12, 1952 in Pomona, California. He was married to Janet Steeper and they had three children together.