THREE’S COMPANY

Estée Lauder Heir Becomes Third Trump Megadonor to Back Away From 2024 Bid

The 78-year-old Estée Lauder heir joins Blackstone chief executive Steve Schwarzman and Citadel’s Ken Griffin in declining to support their onetime chum’s 2024 bid.

The 78-year-old heir to the Estée Lauder kingdom, Ronald Lauder, has known former President Donald Trump since the pair’s halcyon college days. Bosom buddies for years, the scion gave $100,000 to the Republican National Committee as it tried to propel Trump back into office in 2019. But this time around, Lauder declined to get aboard the bandwagon, according to CNBC. A spokesperson for the billionaire told the outlet on Wednesday that he would not back Trump’s bid for the presidency in 2024, and has no plans to financially contribute to his campaign. Lauder joins two other billionaire Republican megadonors—Blackstone CEO Steve Schwarzman and Citadel’s Ken Griffin—in giving Trump’s third run at the White House an unceremonious thumbs-down in recent days. Griffin and at least one other Trump defector, prominent businessman Andy Sabin (who swore he wouldn’t be donating “a fucking nickel”), are throwing their weight behind Gov. Ron DeSantis (R-FL), who has not formally announced intentions to campaign. Lauder gave at least $10,000 to a pro-DeSantis political action committee last year, according to Florida campaign finance records.