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Estée and Joseph Lauder in 1971 Lauder (left) with Ivana Trump in 1986. When Lauder grew older, she agreed to help her uncle, Dr. John Schotz, with his business. Schotz was a chemist, and his company, New Way Laboratories, sold beauty products such as creams, lotions, rouge, and fragrances. She became more interested in his business than her ...
The Estée Lauder Companies Inc. (/ ˈ ɛ s t eɪ ˈ l ɔː d ər / EST-ay LAW-dər; stylized as ESTĒE LAUDER) is an American multinational cosmetics company, a manufacturer and marketer of makeup, skincare, perfume, and hair care products, based in Midtown Manhattan, New York City. It is the second largest cosmetics company in the world after ...
The Lauder family is an American billionaire family. It owes its initial fame to Estée Lauder (1908–2004), who with her husband Joseph H. Lauder, made a fortune via her eponymous cosmetics business, The Estée Lauder Companies , during the 20th century.
The Estée Lauder Companies' 2012 Breast Cancer Awareness Campaign Celebrates its 20th Anniversary and the Life and Legacy of Founder Mrs. Evelyn H. Lauder by Ringing The Opening Bell SM at the NYSE
In 2013, Lauder promised his collection of Cubist art to The Metropolitan Museum of Art. The collection is valued at over $1 billion and constitutes one of the largest gifts in the museum's history. [5] Bloomberg Billionaires Index estimated Lauder's net worth at US$32.3 billion as of September 2021, the 44th richest person in the world. [6]
Lauder was the Senior Corporate Vice President of the Estée Lauder Companies and a member of the board of overseers at the Memorial Sloan-Kettering Cancer Center. [11] A 1995 profile in The New York Times called her "an immaculately turned-out, awesomely organized woman" who had started to fill the public role that had been filled by her mother-in-law, Estée Lauder.
A clutch of founder Estée Lauder's descendants still has substantial shareholdings and is actively involved in managing the company. Estée Lauder has not responded to any of the media reports ...
In the last 12 months alone, Est é e Lauder stock is down over 40%, even though the S&P 500 has soared over the same period. The company's trailing-12-month revenue has fallen to $15.4 billion ...