About
- Name: IRA RENNERT
- English name: IRA RENNERT
- Native name: ---
- Alias: ---
- Award: ---
Description: Ira rennert is the founder of the renco group, an industrial empire with estimated annual revenues of $5 billion. renco's holdings include a stake in military truckmaker am general, lead and zinc producer doe run company and u.s. magnesium corp., among others. his mother emigrated to the u.s. from poland at age 3 and his father came from romania at age 14. a brooklyn native and former credit analyst, he began building his fortune by investing in junk bonds in the 1980s. in 2015 a court ruled that rennert was liable for improperly diverting money from his business to pay for a lavish home in southampton, new york.
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