LeaderPortfolio
Lauder
Ronald Lauder
Rank #877
UNITED STATESFashion & RetailEstee Lauder

Ronald Lauder

Net Worth
$4.864B
+0.13% (24h)
Ronald Steven Lauder, born in New York City in 1944, is an American businessman, philanthropist, and art collector. As the son of Estée and Joseph Lauder, founders of the Estée Lauder Companies, he inherited a significant stake in the cosmetics empire. His estimated net worth is $4.9 billion. Beyond his business interests, Lauder has served as U.S. Ambassador to Austria, championed Jewish causes, and amassed a valuable art collection. He is the chairman of Clinique Laboratories, LLC, a division of The Estée Lauder Companies Inc. His career has been marked by diverse endeavors in business, diplomacy, and philanthropy, reflecting his commitment to his Jewish heritage and broader societal contributions.

The Full Dossier

Early Life and Education

Ronald Lauder was born on February 26, 1944, in New York City, to Estée and Joseph Lauder, the founders of the Estée Lauder Companies. He attended Bronx High School of Science and went on to earn a bachelor's degree in International Business from the Wharton School of Business at the University of Pennsylvania. Lauder also studied at the University of Paris and received a certificate in International Business from the University of Brussels.

Rise to Success

Lauder's career began in 1964 at the Estée Lauder Company, where he initially headed the international department. He later served as Deputy Assistant Secretary of Defense for European and NATO Policy in the Reagan administration from 1983 to 1986. In 1986, he was appointed U.S. Ambassador to Austria, a position he held until 1987. Lauder has also been involved in various business ventures. He founded Central European Media Enterprises (CME), a leading commercial television company in Central and Eastern Europe. Currently, he serves as Chairman of Clinique Laboratories, LLC, a division of The Estée Lauder Companies Inc..

Key Business Strategies

While not as directly involved in the day-to-day operations of the Estée Lauder Companies as his brother Leonard, Ronald Lauder has significantly influenced the company's strategic direction through his substantial shareholdings and board involvement. He has focused on international expansion and played a role in the company's growth. His diverse business ventures, including CME and RWL Water, demonstrate his ability to identify and invest in promising opportunities.

Philanthropy

Lauder's philanthropic efforts are extensive. He established the Ronald S. Lauder Foundation, which supports Jewish schools, kindergartens, and summer camps in Central and Eastern Europe, benefiting thousands of families. He has also served as President of the World Jewish Congress since 2007 and Chairman of the Jewish National Fund. Furthermore, Lauder co-founded the Alzheimer's Drug Discovery Foundation.

Career Timeline

2007

President of World Jewish Congress

Elected President of the World Jewish Congress.

2001

Founded Neue Galerie New York

Founded and became President of Neue Galerie New York.

1999

Chairman of the Conference of Presidents

Elected Chairman of the Conference of Presidents of Major American Jewish Organizations.

1997

Founded Commission for Art Recovery

Established the Commission for Art Recovery.

1994

Chairman of Clinique Laboratories

Became the chairman of Clinique Laboratories.

1986

U.S. Ambassador to Austria

Appointed U.S. Ambassador to Austria by President Ronald Reagan.

1983

Deputy Assistant Secretary of Defense

Appointed as Deputy Assistant Secretary of Defense for European and NATO policy.

1964

Joined Estée Lauder

Began working for the Estée Lauder Company in the international department.

Philanthropic Impact

Education/Jewish CommunityN/A

Ronald S. Lauder Foundation

Supports Jewish schools, kindergartens, and summer camps in Central and Eastern Europe.

Medical ResearchN/A

Alzheimer's Drug Discovery Foundation

Co-founded the Alzheimer's Drug Discovery Foundation.

Wealth Trajectory