10. Leonard Lauder

Leonard Lauder is part of the renowned Lauder family dynasty, which founded and owns the Estée Lauder Companies, a global leader in the beauty and cosmetics industry.

Consequently, he served as the President and later as the Chairman Emeritus of the Estée Lauder Companies, playing a pivotal role in the company’s expansion and global success.

Also, Leonard Lauder is an avid art collector, particularly known for his extensive collection of Cubist art, which includes works by Picasso, Braque, and Gris.

Leonard Lauder boasts an estimated wealth of $15.6 billion, securing his position among the wealthiest heirs and heiresses even at the age of 90.

Furthermore, in 2011, he was honored with the Presidential Medal of Freedom, recognizing his contributions to the cosmetics industry, philanthropy, and the arts.