Tom Ford becomes ‘billionaire’ after Estee Lauder agrees to buy fashion brand for USD 2.8 Billion
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Designer, film director, art collector, and maverick of the fashion world, Tom Ford can now add 'billionaire' to his list of accomplishments! According to New York Times, Estee Lauder has agreed to pay USD 2.8 billion to acquire Tom Ford's business. The agreement, which is the largest in the luxury market this year, demonstrates the lasting strength of one of the bestselling perfumes in the fashion world.
