Ronald Tutor Explained

Birth Name:Ronald N. Tutor
Birth Place:Sherman Oaks, California, US
Education:Van Nuys High School
Alma Mater:University of Southern California
Occupation:Businessman
Chairman and CEO, Tutor Perini
President, Tutor-Saliba Corporation
Spouse:Alia Tutor
Children:5, including Tracy Tutor

Ronald N. Tutor (born 1940/1941) is an American businessman. He is chairman and chief executive officer (CEO) of Tutor Perini, and president of the Tutor-Saliba Corporation.

Early life

Ronald N. Tutor[1] was born in Sherman Oaks, California, and is of Armenian descent. His father, A.G. Tutor, founded A.G. Tutor Co., a real estate development company, in 1949.[2] The company built "houses and small commercial buildings".[2]

Education

Tutor was educated at Harvard Westlake and Van Nuys High School.[2] He graduated from the University of Southern California in 1963.[3]

Career

Tutor started a career in construction shortly after graduation, working for Tutor-Saliba and A.G. Tutor Co.[4] He now serves as Chairman, CEO and President of Tutor Perini, and President of the Tutor-Perini Corporation.[5] He received the United States Army Corps of Engineers National Contractor of the Year Award for Civil Works Projects in 1994.[3]

Miramax investment

In 2010, Tutor was a lead investor in the $650 million purchase of Miramax Films from The Walt Disney Company, investing between US$35 million and US$50 million.[6] [7] [8] The acquisition started with a lavish party that included Rob Lowe and Jamie-Lynn Sigler.[2] In 2013, he sold his stake to the Qatar Investment Authority.[6] [9] [10] [11]

Philanthropy

Tutor serves on the Board of Trustees of his alma mater, USC.[5] Tutor gifted USC The Ronald Tutor Campus Center and the USC Viterbi School of Engineering’s Tutor Hall, which are named in his honor.[3] [12] He has received the Asa V. Call Alumni Achievement Award from USC.[3] He donated US$2 million to the USC Institute of Armenian Studies in 2008.[13] In 2014, his wife Alia endowed the Alia Tutor Chair in Reproductive Medicine at the Keck School of Medicine of USC. In 2022, his wife donated $17.5 million to Columbia Law School to fund the redesign of the law school library, the largest single commitment in the school's history.[14]

Personal life

Tutor has two sons with his wife, Alia, and three daughters from previous marriages.[2] [15] One of his daughters is Tracy Tutor, a main cast member on the real estate reality television program, Million Dollar Listing Los Angeles.[16]

Notes and References

  1. Web site: Executive Profile: Ronald N. Tutor . Bloomberg LP . 3 March 2019.
  2. News: Miller. Daniel. Ron Tutor: The Lawsuits, Losses and Private Struggles of the Man Behind Miramax. July 22, 2016. The Hollywood Reporter. March 29, 2012.
  3. Web site: USC Alumni. usc.edu. 3 March 2019.
  4. Web site: Ron Tutor | Los Angeles Business Journal. 30 July 2018 .
  5. Web site: Forbes. https://web.archive.org/web/20120622135230/http://www.forbes.com/profile/ronald-tutor-1/. dead. June 22, 2012. forbes.com. 3 March 2019.
  6. Alex Ben Block, Ron Tutor Sells His Miramax Stake, The Hollywood Reporter, 1/21/2013
  7. Claudia Eller, Dawn C. Chmielewski, Ron Tutor's bid for Miramax moves forward, The Los Angeles Times, June 05, 2010
  8. Claudia Eller, Dawn C. Chmielewski, Disney agrees to sell Miramax Films to investor group led by Ron Tutor, The Los Angeles Times, July 30, 2010
  9. Ben Fritz, Ron Tutor sells Miramax stake, The Los Angeles Times, January 21, 2013
  10. "Hollywood Deadline" Ron Tutor Sells Stake In Miramax: Report deadline.com, Retrieved on January 22, 2013
  11. News: Abrams. Rachel. Tutor exits Miramax, raising questions about future. October 2, 2015. Variety. January 21, 2013.
  12. Web site: Grand Opening of the USC Ronald Tutor Campus Center. 24 August 2010.
  13. Web site: Armenian Studies Institute Salutes Trustee. USC Dornsife College of Letters, Arts and Science. June 1, 2008.
  14. Web site: Lead Gift From Alia Tutor ’00 Paves the Way for a Reimagined Law Library . 2023-04-01 . www.law.columbia.edu . en.
  15. Web site: Hamaker. Amy E.. Alia Tutor endows Keck School chair for fertility research. USC News. July 22, 2016. April 18, 2014.
  16. "Mega-builder lists in Hidden Hills", Los Angeles Times (January 23, 2010), p. 31.