Ronald Lauder, born on February 26, 1944, is a prominent American businessman and philanthropist, renowned for his role as the sole heir to The Estée Lauder Companies. Founded by his parents, Estée and Joseph Lauder, in 1946, the company has become a global leader in the beauty industry. Following the passing of his brother Leonard Lauder in 2025, Ronald has continued to uphold the family legacy.
With a net worth estimated at four billion nine hundred million dollars, Lauder ranks among the wealthiest individuals in the world. As of May 2025, he was listed as number 796 on Forbes' list of billionaires. His financial acumen is matched by his active involvement in politics, where he has been a steadfast supporter of the Republican Party and a notable donor to various political causes.
Lauder's political aspirations were evident when he ran in the Republican primary for mayor of New York City in 1989. A long-time friend of former President Donald Trump, he has been influential in shaping some of Trump's ideas, including the controversial notion of annexing Greenland.