The flights have become so noisy that neighbors are complaining. In 2004, after the novelty of the popular Hummer H2 civilian model began to fade, Rennert sold a majority stake to Ronald Perelman, the billionaire owner of Revlon, whose heavily guarded estate on Georgica Pond is described as the cynosure of Hamptons nouvelle society by local author Steven Gaines in his book Philistines at the Hedgerow. Rennert took his graduation degree from Brooklyn College in 1954 and took his masters degree from New York Universitys Stern School of Business in 1956. Wikipedia; mps._adsheld.push(adunit) Mr. Rennert's conglomerate, the Renco Group, will be required to pay the pensions of retirees who worked at a subsidiary that went bankrupt in 2012. var foresee_enabled = 1 "[citation needed] In the first quarter of 2007, Doe Run met all of the National Ambient Air Quality Standards (NAAQS). TRD Staff | January 10, 2018 06:05PM. const COOKIE_REGEX = /groups=([^&]*)/; Clouds of sulfur dioxide from Doe Run Perus La Oroya smelter have scalded the surrounding Andean hills. The new law enhances tax treatments for surviving spouses, especially those married to a younger spouse. 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. var mps = mps || {}; Its wealthy members north of the Montauk Highway launched what Dalene describes as a knock-down, drag-out battle against ultra-wealthy helicopter owners who largely live on the south side, accusing them of shattering the islands tranquillity, contributing to climate change, and poisoning the air with leaded fuel. He reportedly donated funds to help restore the Western Wall in Jerusalem. Lawyers for Rennert did not immediately respond to requests for comment. [40] The house outraged locals, who claimed Rennert originally planned to use it as a spa, a hotel, or a religious retreat. "),a=0;a Talk with you tax planner to see how much you can contribute to a SEP IRA for l2022. He is at 148th spot in the Forbes 400 in 2016. Ari Rennert is an American businessman, the president of Renco Group, a private holding company founded in 1975 by his father, Ira Rennert.. Ira Rennert basically is a self made investor. script.setAttribute("onload", "setAdblockerCookie(false);"); Another US unit of Renco also faced environmental issues in Herculaneum, Missouri and has made substantial improvements. In 1989, Renco acquired the U.S.'s largest magnesium producer in Utah. His cause has the support of Sen. Chuck Schumer (D-N.Y.), who in 2009 issued a statement complaining that noisy helicopters have tortured and tormented Long Island communities for far too long. More recently, the coalition took on the East Hampton Aviation Associationa nonprofit Dalene accuses of being a dark-money front for billionaireswith a campaign of dueling newspaper ads that helped get a pair of anti-chopper Democrats elected to the town board. Paying for college is a big topic of conversation in my house. And now hes battling wealthy neighbors in the Hamptons over his helicopter commutes. 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