BillionaireNet
Lauder
Ronald Lauder
Rank #827
UNITED STATESFashion & RetailEstee Lauder

Ronald Lauder

Net Worth
$4.933B
+0.13% (24h)
Ronald Lauder is an American businessman, philanthropist, and art collector, best known as the heir to the Estée Lauder cosmetics fortune. Born in New York City on February 26, 1944, he holds a Bachelor's degree in International Business from the Wharton School of Business at the University of Pennsylvania. Lauder's career includes roles at Estée Lauder Companies, service as U.S. Ambassador to Austria, and a prominent role in Jewish advocacy. With an estimated net worth of $4.9 billion, Lauder is actively involved in philanthropy, particularly through the Ronald S. Lauder Foundation, supporting Jewish education and community. He is also a major art collector, founding the Neue Galerie in New York City, which houses a notable collection of early 20th-century German and Austrian art.

The Full Dossier

Early Life and Education

Ronald Steven Lauder was born in New York City on February 26, 1944, to Estée Lauder and Joseph Lauder, founders of the Estée Lauder Companies. He attended the Bronx High School of Science and earned a Bachelor's degree in International Business from the Wharton School of Business at the University of Pennsylvania. He furthered his education with studies at the University of Paris and received a Certificate in International Business from the University of Brussels.

Rise to Success

Lauder began his professional journey at Estée Lauder Companies in 1964, eventually taking on the role of head of the international department. However, he later pursued a career in public service, serving as Deputy Assistant Secretary of Defense for European and NATO policy from 1984 to 1986. In 1986, he was appointed U.S. Ambassador to Austria by President Ronald Reagan, a position he held until 1987.

Key Business Strategies

Beyond his work with the family business and government service, Lauder has been involved in various business ventures, including investments in Central European Media Enterprises and Israeli TV. He founded RWL Water, LLC in 2010. He also founded the Neue Galerie in New York City, which houses a prominent collection of German and Austrian art.

Philanthropy

Lauder is deeply committed to philanthropy, particularly within the Jewish community. He founded the Ronald S. Lauder Foundation in 1987, which supports Jewish schools, camps, and community centers, primarily in Central and Eastern Europe. He has also been involved in the preservation of Jewish heritage sites, notably the Auschwitz-Birkenau Memorial. Furthermore, Lauder has made significant donations to conservative political causes and has been a major donor to the Republican Party. His philanthropic efforts also extend to the arts, with his establishment of the Neue Galerie a notable example.

Career Timeline

2001

Founded Neue Galerie

Opened an art museum in New York City.

1987

Founded Ronald S. Lauder Foundation

Dedicated to rebuilding Jewish life in Central and Eastern Europe.

1986

U.S. Ambassador to Austria

Appointed by President Ronald Reagan.

1984

Deputy Assistant Secretary of Defense

Served in the U.S. Department of Defense.

1964

Began working at Estée Lauder Company

Started in the international department.

Philanthropic Impact

Jewish CommunityUndisclosed

Ronald S. Lauder Foundation

Supports Jewish education, schools, and community centers.

Holocaust Remembrance$40M

Auschwitz-Birkenau Memorial Foundation

Spearheaded the international campaign for preservation.

Wealth Trajectory