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New York City, New York, U.S. Estee Lauder was an American businesswoman and founder of the EstÃ©e Lauder Companies, a pioneering cosmetics company. She was also one of the wealthiest self made women entrepreneurs in America. Her company is based on a basic dream of every woman, to look and feel glamorous.
For fiscal year 2016, the EstÃ©e Lauder Companies achieved net sales of $11.26 billion, a 4% increase compared with $10.78 billion in the prior year. Net earnings for the year were $1.11 billion, a 2% increase compared with $1.09 billion last year, and diluted net earnings per common share rose 5% to $2.96, compared with $2.82 reported in the prior year.