⬅ # 699 Luo Liguo|# 701 Gail Miller ➡

# 700 Ronald Lauder 

$4.56B

Real Time Net Worth
as of 7/25/2024
$2.2M (0.05%)

# 700 Ronald Lauder 

$4.56B

Real Time Net Worth
as of 7/25/2024
$2.2M (0.05%)
OccupationPartial Owner, Estée Lauder
Source of WealthEstee Lauder
Age80
ResidenceNew York, New York
Marital StatusMarried
Children2
EducationBS, University of Pennsylvania, The Wharton School
Age-Adjusted Net Worth$1.18B
Ronald Lauder
Ronald Lauder
United States
Net worth: $4.56B

Self-Made Score 

Wealth History

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Biography

Overview

Ronald Lauder, born February 26, 1944, is an American billionaire businessman and political activist, known for his association with the Estée Lauder cosmetics company founded by his parents.
He began his career at Estée Lauder in 1964 and held various positions, including Chairman of Clinique Laboratories.
Lauder has also been involved in politics, serving as U.S. Ambassador to Austria and engaging in Republican Party activities.

Early Life and Education

Born in New York City to Estée and Joseph Lauder, founders of Estée Lauder Companies.
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.
Studied at the University of Paris and received a Certificate in International Business from the University of Brussels.

Career Highlights

Joined Estée Lauder Company in 1964, eventually becoming head of the international department.
Served as U.S. Deputy Assistant Secretary of Defense for European and NATO policy.
Appointed U.S. Ambassador to Austria by Ronald Reagan.

Civic and Philanthropic Activities

Involved with numerous Jewish organizations including the World Jewish Congress and Conference of Presidents of Major American Jewish Organizations.
Founded Lauder Business School in Vienna, Austria in 2003.
Established the Ronald S. Lauder Foundation, supporting Jewish life in Central and Eastern Europe.

Art and Culture

Opened the Neue Galerie in New York, dedicated to German and Austrian art from the early 20th century.
Purchased Gustav Klimt's 'Portrait of Adele Bloch-Bauer I' for $135 million in 2006, now housed in the Neue Galerie.
Owns the world's largest private collection of medieval and Renaissance armor.

President of the World Jewish Congress

Elected president in 2007, succeeding Edgar Bronfman, Sr.
Advocated for Jewish causes globally and condemned acts of antisemitism.
Accompanied President George W. Bush to Jerusalem for the 60th anniversary of the State of Israel in 2008.

Jewish Activism

Spoke out against antisemitism and defended Israel in public forums.
Critiqued European energy deals with Iran and called for stronger sanctions.
Founded the Antisemitism Accountability Project (ASAP) in 2019.

Conservative Activism and Donations

Longtime Republican donor and supporter of conservative causes.
Donated to organizations opposing the Iran nuclear deal and supporting Donald Trump's presidential campaigns.
Pitched the idea to Trump to buy Greenland in 2019.

Personal Life

Married to Jo Carole Lauder and has two children, Aerin and Jane.
Daughter Jane is married to Kevin Warsh, a former member of the Federal Reserve Board of Governors.
Published a book titled 'Fighting Violent Crime in America' in 1985.

How long would it take you to become as rich as Ronald Lauder?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Ronald Lauder's net worth of $4.56B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Ronald Lauder is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Ronald Lauder, Estee Lauder is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey