Richard Murad is the chief executive officer (CEO) of the Murad Family Foundation the private grantmaking foundation of the Murad family, which principally derives its wealth from Murad Skincare, a skincare brand founded by Howard Murad, Richard Murad’s uncle. ^{1 2}

Richard Murad was employed as the general manager of Murad Inc., the parent company of Murad Skincare. He bought the Beach City Baseball Academy in El Segundo, California, in May 2010, and opened his own ranch called Rancho Grande in Ojai, California, in September 2015. ^{3 4}

Background

Richard Murad is the chief executive officer (CEO) of the Murad Family Foundation, the private grantmaking foundation of the Murad family. ^{5 2}

The Murad Family Foundation is a private family foundation in El Segundo, California, and largely derives its wealth from Murad Skincare, which was acquired in July 2015 by the multinational healthcare corporation Unilever for an undisclosed sum. As of September 26, 2021, the foundation’s official website is inaccessible. ^{6 7}

Richard Murad received a bachelor’s degree from New York University in 1982. He also studied at Fordham University between 1982 and 1985 for a law degree. Murad also attended the University of California, Los Angeles and received a master’s degree in business administration and management in July 2003. ⁸

Business Career

Richard Murad was employed as the general manager of Murad Inc., the parent company of Murad Skincare. According to his LinkedIn, Murad was employed at the company from 1997 until September 2017. ^{9 4}

Murad bought the Beach City Baseball Academy in El Segundo, California, in May 2010, and opened his own ranch called Rancho Grande Ojai in Ojai, California in September 2015. ⁴

1. “Team Player: Richard Murad.” Women’s Wear Daily. Accessed July 1, 2024. https://wwd.com/feature/team-player-richard-murad-5288268-787658/.
2. “Murad Family Foundation.” ProPublica. Accessed July 1, 2024. https://projects.propublica.org/nonprofits/organizations/451585141.
3. Vincent, Roger. “Skin-care firm Murad to move offices to another El Segundo site.” Los Angeles Times. May 16, 2013. Accessed July 1, 2024. https://www.latimes.com/business/la-xpm-2013-may-16-la-fi-mo-murad-skincare-to-move-20130515-story.html.
4. “Richard Murad.” LinkedIn. Accessed July 1, 2024. https://www.linkedin.com/in/richard-murad-581566296/.
5. “Team Player: Richard Murad.” Women’s Wear Daily. Accessed July 1, 2024. https://wwd.com/feature/team-player-richard-murad-5288268-787658/.
6. “El Segundo-based Murad skin-care firm is sold.” The Business Journals. July 2, 2015. Accessed July 1, 2024. https://www.bizjournals.com/losangeles/news/2015/07/02/el-segundo-based-murad-skincare-firm-is-sold.html.
7. “Murad Launches The Murad Family Foundation.” Business Wire. June 2, 2011. Accessed July 1, 2024. https://www.businesswire.com/news/home/20110602006934/en/Murad-Launches-The-Murad-Family-Foundation.
8. “Richard Murad – Education.” LinkedIn. Accessed July 1, 2024. https://www.linkedin.com/in/richard-murad-581566296/details/education/.
9. Vincent, Roger. “Skin-care firm Murad to move offices to another El Segundo site.” Los Angeles Times. May 16, 2013. Accessed July 1, 2024. https://www.latimes.com/business/la-xpm-2013-may-16-la-fi-mo-murad-skincare-to-move-20130515-story.html.