Luxury
Tom Ford’s $2.8 Billion Deal To Sell His Fashion Brand To Estee Lauder Makes Him A Billionaire
Estée Lauder’s agreement to acquire fashion firm Tom Ford appears to have made its founder a new billionaire. The cosmetics giant announced on Tuesday it was purchasing the fashion brand for $2.3 billion in cash and debt, plus $300 million in deferred payments that would be paid out beginning in…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Forbes