Ronald Lauder’s Billionaire Status
Ronald Lauder is a billionaire and philanthropist from the US with a net worth of $3.8 billion. He is the Chairman Emeritus of Estee Lauder, a leading US manufacturer and marketer of skincare, makeup, fragrance, and hair care products. Lauder worked as a deputy assistant secretary of defense for European & NATO affairs and as the US ambassador to Austria before entering the family business. He owns 3% of publicly traded Estee Lauder and has a vast art collection estimated at over 4,000 works, making it his most valuable asset. Lauder also owns a museum in New York that features early-20th-century German, Austrian art and design.
