SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------------------------------- SCHEDULE 13G INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2 (AMENDMENT NO. ) REVLON, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, par value $0.01 per share CUSIP No. 761525 50 0 - -------------------------------------------------------------------------------- (Title of Class of Securities) (CONTINUED ON FOLLOWING PAGE(S)) Page 1 of 7 CUSIP NO. 761525 50 0 Page 2 of 7 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS MAFCO HOLDINGS INC. 2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OR ORGANIZATION DELAWARE NUMBER 5. SOLE VOTING POWER OF SHARES -0- BENEFICIALLY 6. SHARED VOTING POWER 42,500,000 Class A Common Stock (includes 31,250,000 shares of Class B Common Stock convertible into an equal number of shares of Class A Common Stock at any time) OWNED BY 7. SOLE DISPOSITIVE POWER EACH -0- REPORTING 8. SHARED DISPOSITIVE POWER PERSON WITH 42,500,000 Class A Common Stock 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,500,000 Class A Common Stock 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 83.1% of aggregate Class A Common Stock and Class B Common Stock outstanding 12. TYPE OF REPORTING PERSON CO CUSIP NO. 761525 50 0 Page 3 of 7 1. NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS REVLON WORLDWIDE CORPORATION 2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OR ORGANIZATION DELAWARE NUMBER 5. SOLE VOTING POWER OF SHARES -0- BENEFICIALLY 6. SHARED VOTING POWER 42,500,000 Class A Common Stock (includes 31,250,000 shares of Class B Common Stock convertible into an equal number of shares of Class A Common Stock at any time) OWNED BY 7. SOLE DISPOSITIVE POWER EACH -0- REPORTING 8. SHARED DISPOSITIVE POWER PERSON WITH 42,500,000 Class A Common Stock 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 42,500,000 Class A Common Stock 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 83.1% of aggregate Class A Common Stock and Class B Common Stock outstanding 12. TYPE OF REPORTING PERSON CO CUSIP NO. 761525 50 0 Page 4 of 7 Item 1(a): Name of Issuer. REVLON, INC. (the "Company") Item 1(b): Address of Issuer's Principal Executive Offices. 626 Madison Avenue New York, New York 10022 Item 2(a): Name of Persons Filing. Revlon Worldwide Corporation ("Revlon Worldwide") is a wholly owned indirect subsidiary of Mafco Holdings Inc. ("Mafco Holdings"). All of the capital stock of Mafco Holdings is owned by Ronald O. Perelman. Item 2(b): Address of Principal Business Office. The principal business offices of Revlon Worldwide are located at 625 Madison Avenue, New York, New York 10022. The principal business offices of Mafco Holdings are located at 35 East 62nd Street, New York, New York 10021. Item 2(c): Citizenship. Revlon Worldwide and Mafco Holdings each are Delaware corporations. Item 2(d): Title of Class of Securities. Class A Common Stock, par value $.01 per share. Item 2(e): CUSIP Number. 761525 50 0 Item 3: Not Applicable CUSIP NO. 761525 50 0 Page 5 of 7 Item 4: Ownership. Revlon Worldwide owns directly 11,250,000 shares of Class A Common Stock, which represented approximately 56.6% of the total number of Shares of Class A Common Stock outstanding at December 31, 1996. Revlon Worldwide owns directly 31,250,000 shares of Class B Common Stock, which represented 100% of the Class B Common Stock outstanding at December 31, 1996. Shares of Class B Common Stock are convertible into an equal number of shares of Class A Common Stock at any time. Mafco Holdings may be deemed to beneficially own the shares owned by Revlon Worldwide. Ronald O. Perelman owns all of the capital stock of Mafco Holdings. (a) Amount Beneficially Owned: 42,500,000 shares of Class A Common Stock, as described above. (b) Percent of Class: Approximately 83.1% of Class A Common Stock based upon an aggregate of 19,875,000 shares of Class A Common Stock and 31,250,000 shares of Class B Common Stock outstanding on December 31, 1996. Shares of Class A Common Stock have one vote per share. Shares of Class B Common Stock have ten votes per share. Accordingly, ownership of such 11,250,000 shares of Class A Common Stock and 31,250,000 shares of Class B Common Stock, possesses 97.4% of the Common Stock voting power. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote........ -0- (ii) Shared power to vote or to direct the vote ...............................42,500,000 (iii) Sole power to dispose or to direct the disposition of.................................-0- (iv) Shared power to dispose or to direct the disposition of..........................42,500,000 CUSIP NO. 761525 50 0 Page 6 of 7 Item 5: Owner of Five Percent or Less of a Class. Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person. All of the shares owned are pledged to secure obligations. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group. Not Applicable Item 9: Notice of Dissolution of Group. Not Applicable Item 10: Certification. Not Applicable CUSIP NO. 761525 50 0 Page 7 of 7 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February , 1997 REVLON WORLDWIDE CORPORATION By: /s/ Glenn P. Dickes -------------------------------------------- Name: Glenn P. Dickes Title: Vice President and Assistant Secretary MAFCO HOLDINGS INC. By: /s/ Glenn P. Dickes -------------------------------------------- Name: Glenn P. Dickes Title: Senior Vice President