The World’s Wealthiest Heirs Live Like Royalty
Ronald Lauder – $3.8 Billion
Ronald Lauder is the youngest son of make-up and perfume mogul Estee Lauder. Lauder has kept an active role in the family business, working as chairman of Clinique Laboratories since 1994. He also sits on the board of directors, a position he has held for 40 years.
Outside his cosmetics business, Lauder is the president of the World Jewish Congress and an enthusiastic art collector. His total worth was last listed at $3.8 billion, mainly due to Estee Lauder’s success and lasting reputation.