Ronald Steven Lauder (born February 26, 1944) is a Jewish-American businessman, civic leader, philanthropist, and art collector. Forbes lists Lauder among the richest people of the world with an estimated net worth of $3.0 billion in 2007.
Life and career
Lauder was born in New York City, 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.
Art
On November 16, 2001, Lauder opened the Neue Galerie in New York, an art museum a few blocks away from the Metropolitan Museum, dedicated to art from Germany and Austria from the early 20th century. It holds one of the best collections of works by Egon Schiele in the world.
On June 18, 2006, he purchased from Maria Altmann and her family, 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, a Nazi-looted piece which had just been restored to Altmann following years of negotiation and litigation with the Austrian government, now forms the centerpiece of the museum’s collection. Lauder also has the world’s largest private collection of medieval and Renaissance armor.
Neueart also own
This Picasso Painting called the “Bird cage”, among approximately 4000 other pieces of art.
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