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Organization

The Estée Lauder Companies

U.S. beauty company founded in 1946 in New York.

10 links, 10 backed by primary records

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Dates
1946 –
Also known as
Estée Lauder Companies, ELC
Over time
  1. Active 1946 –
  2. includes DECIEM 2021 –
Who holds The Estée Lauder Companies

Index-fund managers hold these shares for the people invested in their funds, who get their gains and losses. The managers vote them, in part or in full.

Connections 10

founded by

chaired by

shares held for clients by

  • BlackRock 1 Feb 2022 7.3%, 16,953,258 shares, as of 1 Feb 2022 Held for clients Primary record 1

    7.3 per cent of Class A shares, which carry one vote each; 1.1 per cent of the total voting power. The proxy relies on BlackRock’s Schedule 13G amendment of 1 February 2022.

  • The Vanguard Group 10 Feb 2022 7.7%, 17,887,435 shares, as of 10 Feb 2022 Held for clients Primary record 1

    7.7 per cent of Class A shares, which carry one vote each; 1.2 per cent of the total voting power. The proxy relies on Vanguard’s Schedule 13G amendment of 10 February 2022.

stakeholders

  • LAL Family Corporation 31 Jul 2022 22.5%, 80,437,628 shares, as of 31 Jul 2022 Primary record 1

    Percent of all common shares is our division of its Class B shares by the 231,339,477 Class A and 125,542,029 Class B shares outstanding. The proxy’s table gives it 64.1 per cent of Class B and 54.1 per cent of the voting power.

  • William P. Lauder 31 Jul 2022 2.4%, 8,515,960 shares, as of 31 Jul 2022 Primary record 1

    Class B shares. Percent of all common shares is our division as for LAL Family Corporation; the proxy gives him 5.7 per cent of the voting power.

acquired

  • DECIEM 31 May 2024 $860M Primary record 3

    An estimated $860 million for the remaining interests, by the company's account; the total investment approximated $1.7 billion over three tranches.

involved in

includes

  • DECIEM 2021 – Primary record 3

    By the company's account, a majority-owned business from 2021 and wholly owned from 31 May 2024.

  • Clinique Primary record 2
Timeline 9 dates
  1. 1946 – The Estée Lauder Companies
  2. 1946 Estée Lauder founded The Estée Lauder Companies
  3. 2021 – DECIEM part of The Estée Lauder Companies
  4. 1 Feb 2022 BlackRock holds shares for clients in The Estée Lauder Companies
  5. 10 Feb 2022 The Vanguard Group holds shares for clients in The Estée Lauder Companies
  6. 31 Jul 2022 LAL Family Corporation owns a stake in The Estée Lauder Companies
  7. 31 Jul 2022 William P. Lauder owns a stake in The Estée Lauder Companies
  8. 29 Sep 2022 William P. Lauder chair of The Estée Lauder Companies
  9. 31 May 2024 The Estée Lauder Companies acquired DECIEM
Proof 3 sources
  1. The Estée Lauder Companies, 2022 Proxy Statement, The Estée Lauder Companies, 29 Sep 2022. Primary record
    LAL Family Corporation(3)(5) — — 80,437,628 64.1% 54.1%
    On that date, there were 231,339,477 shares of Class A Common Stock and 125,542,029 shares of Class B Common Stock outstanding.
    William P. Lauder(3)(7) 20,433 * 8,515,960 6.8% 5.7%
    The Vanguard Group(31) 17,887,435 7.7% — — 1.2%
    BlackRock, Inc.(29) 16,953,258 7.3% — — 1.1%
    William P. Lauder Executive Chairman
    All Lauder Family Members who are party to a stockholders’ agreement with the Company (the “Stockholders’ Agreement”) have agreed to vote shares beneficially owned by them for Leonard A. Lauder (or for one of his sons), Ronald S. Lauder (or for one of his daughters)
  2. The Estée Lauder Companies, Our Heritage and Our Brands, The Estée Lauder Companies. Primary record
    1946 A Company Is Founded Estée and Joseph Lauder launch Estée Lauder Cosmetics.
    Bobbi Brown Cosmetics Bumble and bumble Clinique DECIEM Dr.Jart+
  3. The Estée Lauder Companies Completes Acquisition of DECIEM, The Estée Lauder Companies, 3 Jun 2024. Primary record
    ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase the remaining interests in DECIEM after a three-year period.
    ELC first invested in DECIEM in 2017, increased its stake to become majority owner in 2021
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