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#2035 Gary Lauder
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REAL TIME NET WORTH
as of 10/21/21
$35 M | 2.15%
Reflects change since 5 PM ET of prior trading day
Gary Lauder's fortune stems from Estée Lauder, the cosmetics giant founded by his grandmother.
His father Leonard ran the family's publiclytradedcompany for more than three decades and stepped down as CEO in 1999.
Lauder, who is not involved with the family company, is managing director of Lauder Partners LLC, a Silicon Valley-based venture capital firm.
A venture capitalist since 1985, he has invested in over 60 private companies.
He is the largest investor in Shotspotter, a publicly-tradedcompany whose technology detects and locates gunshots for immediate response.
Lauder is co-inventor of 16 patents, such as text message authentication for social media platforms, a cable TV system, and a heliostat.
ShotSpotter was supposed to be Silicon Valley's solution to gun violence. But a key strategy shift hasn’t panned out, while some cities are beginning to question whether the technology is worth the cost.
I've just been spending a ridiculous amount of time wading through lists published by Palo Ato Online of all of the people in the Silicon Valley towns of Palo Alto, Menlo Park, Woodside, Portola Valley, Atherton, Los Altos and Los Altos Hills who have given at least $2,500 to one [...]
Written by Gary Lauder Last Friday, President Obama signed into law the Leahy-Smith America Invents Act, which passed the Senate last week by a large bipartisan majority, 89-9. Normally, when both political parties agree on anything, it’s time to celebrate. I wish that were the case here. To the contrary, this [...]