Ronald Lauder
New York, New York
Bachelor of Arts/Science, University of Pennsylvania Wharton School
United States
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Estee Lauder
$4,100,000,000
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#529 Billionaires 2019
#190 Forbes 400 2018
Ronald Lauder is the youngest son of makeup maven Estée Lauder, who founded her eponymous beauty company in 1946.He became the chairman of Clinique Laboratories in 1994 and still occupies that position today. Lauder spent a total of 39 years as a board member. After last serving in 2009, he was reelected to the board in 2016.Lauder served as deputy assistant secretary of defense for NATO affairs from 1983 to 1986 and was later appointed ambassador to Austria.A staunch advocate for Jewish causes, he has donated $5 million to build a new dormitory-open in 2017-at the Technion-Israel Institute of Technology.
A dedicated art collector, Lauder has amassed roughly 4,000 works worth at least $1 billion.Lauder also has a sizeable collection of medieval armor and arms dating from the 3rd century BC to 20th century Europe.
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