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Ronald Steven Lauder (born February 26, 1944 in New York) is an American businessman, civic leader, philanthropist, and art collector. According to Forbes, Lauder among the richest people of the world with an estimated net worth of over $2.7 billion in 2005.Forbes bio
Biography
Lauder is the son of Estée Lauder and Joseph Lauder, founders of Estée Lauder Companies, and the younger brother of Leonard Lauder, chairman of the board of the Estee Lauder company. He attended the Bronx High School of Science and holds a Bachelors degree in International Business from the Wharton School of the University of Pennsylvania. He studied at the University of Paris, and received a Certificate in International Business from the University of Brussels. He is married and has two children. Lauder started to work for the Estee Lauder Company in 1964. In 1984 he became a Deputy Assistant Secretary of Defense for European and NATO policy at the Pentagon. In 1986 Ronald Reagan named him as the US ambassador to Austria, a position he held until 1987. As a Republican, he made a bid to become the mayor of New York City in 1989. Lauder manages investments in real estate and media, such as Central European Media Enterprise and Israeli TV.
Civic and philanthropic activities
In 1987, Lauder established the Ronald S.Lauder Foundation, a philanthropic organization that is dedicated to rebuild Jewish communities in Central and Eastern Europe. The foundation also supports student exchange programs between New York and various capitals in Central and Eastern Europe.
Lauder has been instrumental in recovering “lost” art from the Nazi period. Statement by Lauder about art recovery On November 16, 2001 Lauder opened the Neue Galerie in New York, an art museum dedicated to art from Germany and Austria from the early 20th century. On June 18, 2006, he purchased the painting Portrait of Adele Bloch-Bauer I by Gustav Klimt for $135 million, the highest price ever paid for a painting at that time. The picture is intended to be the centerpiece of the museum's collection.
Lauder is actively involved in numerous civic organizations, including the Conference of Presidents of Major American Jewish Organizations, the Jewish National Fund, the World Jewish Congress, the American Jewish Joint Distribution Committee, the Anti-Defamation League Foundation, the Jewish Theological Seminary, Brandeis University, and the Abraham Fund. With his brother he founded the Lauder Institute at Wharton School. Lauder has also served as a Finance Chairman of the New York State Republican Committee.
Despite his committment to the recovery of 'lost' holocaust art, Lauder has been accused by holocaust survivors and their families of not disclosing art which belonged to holocaust victims. Article Here
References
See also
Book
- Lauder, RS. Fighting Violent Crime in America. Dodd Mead (April 1985). ISBN 0396084958
External links
Living people | 1944 births | American businesspeople | People from New York | American art collectors | Forbes World's Richest People | Jewish-American businesspeople
"Ronald Lauder"