Richest cosmetics tycoons
- Who
- Leonard A. Lauder, Ronald Lauder
- What
- 7800000000 US dollar(s)
- Where
- United States (New York,)
- When
- June 2000
Leonard A. and Ronald S. Lauder have a combined fortune of $7.8 billion due to Estée Lauder, the cosmetics company founded by their mother (b.1908) and marketed in her namesake. Estee Lauder transformed beauty into big business -- selling cosmetics, fragrances, and skin care products in more than 110 countries. Leonard Lauder took over as president in 1973.