About Ronald Lauder
Ronald Steven Lauder (born February 26, 1944) is an American businessman. He is the sole heir to The Estée Lauder Companies, founded by his parents Estée Lauder and Joseph Lauder in 1946, following the death of his brother Leonard Lauder in 2025. According to Forbes, Lauder had a net worth of $4.7 billion as of May 2025 (number 796 on Forbes' list of billionaires). Lauder is a longtime Republican Party donor and supporter of Donald Trump. He ran in the Republican primary for mayor of New York City in 1989. A long-time friend of President Donald Trump, Lauder has been credited with planting the idea of annexing Greenland in Trump's mind. With his brother, he founded the Lauder Institute at the Wharton School. In 2003, Lauder founded and became the president of Lauder Business School in Vienna, Austria. In 1984, he became a deputy assistant secretary of defense for European and NATO policy at the United States Department of Defense in the Ronald Reagan administration.
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.