01/17/2012 03:19 pm ET Updated Mar 18, 2012

Billionaire Ron Burkle Buys Soho House Chain

Billionaire Ron Burkle -- already a high-profile guy -- is significantly increasing his profile in the entertainment industry. After buying concert promoter Artist Group International and a stake in Relativity Media, Burkle has purchased one of Hollywood's favorite hang-outs, the Soho House.

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