Lauder is a global brand president and board member at Estee Lauder, the world's third-largest cosmetics manufacturer. The granddaughter of the company's namesake founder controls about 20 million shares of the New York-based business, which had revenue of $17.7 billion in the year to June 30, 2022.
Jane Lauder's net worth of $5.32B can buy ...
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The majority of Lauder's fortune is derived from her stake in Estee Lauder. She owns about 9% of the stock, according to the company's 2022 proxy statement. Estee Lauder is the world's third-largest maker of cosmetics and fragrances, according to Beauty Packaging magazine's 2021 list of the largest beauty products companies.
She owns shares directly and through two trusts: the 2008 Descendants Trust and the Jane A. Lauder 2003 Revocable Trust, according to the proxy statement. She's credited with half of the 4.9 million shares held by the 2008 Descendants Trust in this analysis because she shares voting and investment power with her sister Aerin, according to the proxy.
The value of her cash investments is based on an analysis of dividend income, insider transactions, taxes and market performance.
Jill Marvin, an Estee Lauder spokeswoman, didn't respond to a request for comment on the net worth calculation.
Born in New York City in 1973, Jane Lauder is the youngest daughter of Ronald and Jo Carole Lauder. After receiving her bachelor's degree from Stanford University in 1995, she worked at advertising firm Hal Riney & Partners before joining Estee Lauder, the New York-based cosmetics company named after and founded by her grandmother.
She began serving as global president of Estee Lauder's Clinique brand in 2014. She's been on the company's board since 2009, when she replaced her father, who retired.
Lauder lives in New York City.