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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 ...
Ronald (Ron) Steven Lauder (born February 26, 1944) is an American businessman and political activist. He and his brother, Leonard Lauder, are the sole heirs to the Estée Lauder cosmetics company, founded by their parents, Estée Lauder and Joseph Lauder, in 1946.
Estée Lauder (businesswoman), (1908–2004) American entrepreneur and namesake of the above corporation Topics referred to by the same term This disambiguation page lists articles associated with the title Estée Lauder .
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.
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. [1] [2] The family is of Hungarian Jewish and Czech Jewish ancestry. [3]
Lauder had previously been chief operating officer of The Estée Lauder Companies, a position he held since January 2003. [7] Lauder was responsible for the oversight of all of the company's global operations. In addition, he oversaw nine of the company's specialty brands, including Prescriptives, Aveda and Bobbi Brown. [citation needed]
In 2022, Freda's total calculated compensation as chief executive officer, president, and director at Estée Lauder was $25.5 million. [10] In 2023, Freda's total compensation from Estée Lauder was $21.8 million, or 645 times the median employee pay at the Estée Lauder Companies for that year. [11] Freda is on the board of BlackRock. [12]