Jane Lauder Net Worth: 2024's Steep Drop & NYC Billionaire Exodus
Jane Lauder, heiress to the Estée Lauder Companies fortune, experienced a dramatic decrease in her net worth in 2024, dropping from an estimated $3.4 billion to $1.6 billion—a $1.8 billion decline. This significant loss reflects broader trends affecting New York City's ultra-high-net-worth individuals (UHNWIs) and raises crucial questions about the city's economic future. Is this a singular event, or a harbinger of things to come for NYC's wealthiest residents?...