Ronald Lauder

Ronald Lauder Net Worth : $3.7 Billion

Ronald Lauder is an American businessman and renowned philanthropist. He has an estimated net worth of $3.7 billion, which makes him one of the wealthiest individuals in the United States. Lauder is the youngest son of Estee Lauder, a cosmetic entrepreneur, who served as a U.S. ambassador to Austria for a year.

Estee also served as the deputy assistant to the secretary of defense in Europe and NATO Affairs for 3 years. Lauder currently serves as the Chairman of Clinique Laboratories, and has a stake of 3 per cent in the publicly traded entity.

Lauder was born in New York City on February 26, 1944. He has attended a variety of universities which include the University of Pennsylvania, University of Paris and Wharton School.  He is married to Jo Carole Lauder, with whom he has two children named Aerin Lauder and Jane Lauder. Aerin and Jane joined the billionaire ranks after they took control of their grandmother’s cosmetic company.  

Lauder is also a renowned art collector. His vast art collection is one of his most valuable assets estimated to include more than 4,000 works. He owns Neue Gelerie, a museum in New York featuring early 20th-century Austrian and German art and designs.  In 2006, he is said to have bought a 1907 Klimt portrait for $135 million.

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