William Lauder

(Newser) - What does it feel like to have so much money that you can buy property worth more than $100 million, then knock down the posh home there just because? Ask William Lauder, who apparently serially razes mansions. Via Yahoo Finance , USA Today reports that the cosmetics billionaire, executive chair of...

(Newser) - Just six years ago, construction on a 35,000-square-foot mansion with 16 bathrooms, a barbershop, and even a theater was completed on a 2-acre lot in Palm Beach, Fla.—a monument to excess that irked neighbors. That annoyance just increased exponentially, after it was announced that the residence known...

(Newser) - Estée Lauder might be a massive, publicly owned company, but it’s also a family business, tightly controlled by the Lauder clan—until now. On Monday, it will welcome new president Fabrizio Freda, who will likely eventually replace CEO William Lauder—and become the first outsider to run the...