Rich list update: Jane Lauder joins ranks of top billionaires after stellar ELC results

Rich list update: Jane Lauder joins ranks of top billionaires after stellar ELC results

This year we’ve seen LVMH’s Bernard Arnault join the US$100 billion club and now Jane Lauder has joined the ranks of the world’s richest after the eponymous luxury prestige group delivered a set of stellar results this week, according to a report published by Bloomberg.

The heiress is now ranked among the world’s 500 richest after The Estee Lauder Companies’ impressive performance prompted a sharp US$447 million rise in her net worth on Monday, bringing her total gain this year alone to an impressive US$1.5 billion.

With a fortune valued at US$4.3 billion, she now ranks 461st on Bloomberg’s Billionaires Index while her uncle, Leonard Lauder, saw his fortune rise US$6.8 billion this year to propel him to 41st place.

Leave a reply

Your email address will not be published. Required fields are marked *