Well-differentiated and de-differentiated liposarcomas (LPS) are characterized by a systematic amplification of the MDM2 oncogene that encodes a key negative regulator of the p53 pathway. The molecular mechanisms underlying MDM2 overexpression, but sparing wild-type p53, in LPS remain poorly understood. Here, we show that the p53-independent metabolic functions of chromatin-bound MDM2 are exacerbated in LPS and mediate an addiction to serine metabolism that sustains nucleotide synthesis and tumor growth. Treatment of LPS cells with Nutlin-3A, a pharmacological inhibitor of the MDM2-p53 interaction, stabilized p53 but unexpectedly enhanced MDM2-mediated control of serine metabolism by increasing its recruitment to chromatin, likely explainin...