Billionaire William Lauder has struck a nearly $200M deal for Palm Beach land sale
William Lauder, the billionaire heir to the Estée Lauder fortune, is cashing in on Palm Beach’s sizzling real estate market. The cosmetics mogul has reportedly found a buyer for two prime oceanfront lots, with the sale price nearing his original sky-high $200 million ask, sources familiar with the deal told the Wall Street Journal.