Estée Lauder heir settles lawsuit with ex-mistress over $7million Bel Air mansion

An heir to the Estée Lauder cosmetics fortune has settled a lawsuit with his ex-mistress over his $7million Bel Air mansion that he says he shouldn’t have to pay for.

William Lauder, 62, is no longer at war with his former lover Taylor Stein after she sued him for failing to make annual payments on the five-bed, six-bathroom property.

Details of the August 9 settlement have not been shared and it is unclear whether Stein, a New York-born socialite, will be able to stay at the property with the couple’s 15-year-old daughter.

Lauder, who is also chairman of Estée Lauder, argued that Stein was no longer entitled to payments of $1 million a year from him after the couple’s daughter breached a confidentiality agreement with an Instagram post. .

His relationship with Stein began in 2000, when Lauder was still married to his ex-wife Karen, with whom he has two children.

Lauder, whose grandparents founded the Estée Lauder Companies in 1946, settled the lawsuit with Stein after she was allegedly forced into a confidentiality agreement to keep the identity of her daughter’s father a secret.

He said it was breached after the couple’s daughter made an Instagram post about her parents.

The legal dispute between Lauder, 62, and 55-year-old socialite Taylor Stein (pictured) has been settled

Billionaire cosmetics heir William Lauder (left) has settled legal war with former partner Taylor Stein (right)

The legal war first erupted in August 2018 when Stein, 55, claimed Lauder had stopped paying for the five-bedroom house in Los Angeles – which he agreed to do while she was living there with their common teenage daughter.

Stein also adopted a son.

She took the billionaire businessman to court and claimed he was trying to evict the family from the Bel Air home.

But the cosmetics chairman clapped back in his own suit, saying he was exempt from making the annual payments for the $7million mansion because she broke their 2007 confidentiality agreement.

Stein again accused Lauder of violating their court-negotiated arrangement to support her

Stein again accused Lauder of violating their court-negotiated arrangement to support her

Pictured: The $7 million, 6,000 square foot mansion in Bel Air, Los Angeles, where Stein lives with Lauder's love child.  It is unclear if they will stay home after settling the lawsuit

Pictured: The $7 million, 6,000 square foot mansion in Bel Air, Los Angeles, where Stein lives with Lauder’s love child. It is unclear if they will stay home after settling the lawsuit

He reportedly drafted an agreement that Stein would receive an annual payment of $1 million if she did not publicly reveal that her daughter was in fact his child.

The 2007 agreement also purported to keep the mistress at least 100 yards away from any member of the Lauder family in Aspen, Palm Beach and New York.

However, in 2020, their teenage love child reportedly posted on social media, airing the family’s dirty laundry by recounting how his parents were divorced. It also violated the confidentiality agreement, sources said.

Billionaire Lauder and his former mistress, however, agreed to seal certain documents in the now settled lawsuit in an effort to protect sensitive information about their child, according to the New York Post.

Details of the lawsuit weren’t released – and it’s unclear if Stein, who is still listed as the owner of the $7million Bel Air home, will have to vacate the mansion.

William Lauder and his ex-wife Karen, whom he divorced in 2010. He met his mistress in 2000 when the couple were still together.

William Lauder and his ex-wife Karen, whom he divorced in 2010. He met his mistress in 2000 when the couple were still together.

William Lauder is pictured with his billionaire philanthropist father Leonard A Lauder at the Lincoln Center Corporate Fashion Gala in New York in November 2019

William Lauder is pictured with his billionaire philanthropist father Leonard A Lauder at the Lincoln Center Corporate Fashion Gala in New York in November 2019

Taylor Stein (second from right) attends the LEVIEV party for 'GLAMOR GIRLS' at the Sunset Tower Hotel in Los Angeles in 2008 with Patrick McMullan (left), Lara Shriftman (second from left) and Dean Winters (right)

Taylor Stein (second from right) attends the LEVIEV party for ‘GLAMOR GIRLS’ at the Sunset Tower Hotel in Los Angeles in 2008 with Patrick McMullan (left), Lara Shriftman (second from left) and Dean Winters (right)

The couple met at Lauder’s mansion in Aspen in 2000, while still married to his wife Karen.

Lauder and Stein reportedly began an affair the following year. She became pregnant in 2005 and Lauder told her to have an abortion because he was negotiating a settlement agreement with his wife, whom he divorced in 2009.

Stein – the daughter of New York nightclub entrepreneur Howard Stein – became pregnant a second time in 2006 and welcomed a baby girl the following spring.

Desperate to keep the birth a secret, Lauder reportedly sent Stein and the baby to Aspen to keep them away from the “gossip press”.

The latest developments in the couple’s legal battle came eight years after Stein and Lauder got into a shouting match on a Los Angeles street, which ended with a punch in the face.

Stein eventually pleaded guilty to a misdemeanor domestic violence charge and served 19 days of community service.

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