Connect with us

Hi, what are you looking for?

Jewish Business News


A third Generation Of Lauders Begin To Make Their Presence Felt

The late Estee Lauder’s granddaughters, Aerin and Jane, are beginning to make their mark on the family cosmetics company

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

AERIN Fragrance Launch At Saks Fifth Avenue

(R-L) Ronald Lauder , Jane, Aerin and uncle Leonard Lauder / Getty

Aerin and Jane Lauder, granddaughters of the redoubtable Estee Lauder are showing that they have inherited a lot of their late grandmother’s business acumen- as well as a considerable part of her fortune.

According to information recently released , both of the Lauder sisters, who while climbing up the corporate ladder in the Estee Lauder organization,  are reported to both have reached an estimated wealth of more than $2.5 billion, making them amongst the youngest female billionaires in the world.

Aerin and Jane’s personal fortune rocketed upwards this year, when the millions of shares that they each hold in Estee Lauder shut up and value by close to 25% in the space of one year.

Despite having enough money to last them for several lifetimes the Lauder sisters sure that they have also adopted their grandmother’s considerable work ethic, holding down top level management positions in the company.    Estee Lauder founded her company  in 1946, originally marketing a simple recipe for homemade facial cream, which she grew into a global cosmetics empire.

Jane and Aerin/ Getty

Estee Lauder remained a presence at the company until she passed away at the age of 97 in 2004. The Estee Lauder  company has remained almost totally in the hands of the Lauder family.  Estee Lauder now offers a huge range of products in cosmetics and  fashion, which are marketed in more than 150 countries throughout the world, bringing in more than $10 billion in sales in 2012,

Ronald Lauder, Jane and Aerin’s father serves as the company’s chairman, with a shareholding estimated to be worth worth than $3.5 billion

The older of the two Lauder sisters Jane,  is global president for the  Estee Lauder organization as well as acting as general manager for some of the company’s subsidiaries including Origins, Darphin and Ojon. Jane has been with the company since 1996, and is estimated to hold around 20 million shares in the company.

Aerin, who is three years younger than Jane, holds down the challenging post  of being Lauder’s style and image director, as well as managing her own subsidiary, a lifestyle brand, opened in her own name that  was first  launched in 2011. Aerin began to operate initially as a beauty collection and after an enthusiastic response began to branch out into the fields of accessories, décor, shoes and even  home furnishings.

Aerin products cover the upmarket sector in their stock in such exclusive stores as Bergdorf Goodman, Saks and Neiman Marcus.

The younger Lauder sister  owns 16 million shares in the Estée Lauder Companies.




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.