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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              --------------------
                                  SCHEDULE 13G

                                 (RULE 13D-102)

                 INFORMATION TO BE INCLUDED IN STATEMENTS FILED
                   PURSUANT TO RULES 13D-1(B), (C) AND (D) AND
               AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B)
                              --------------------
                               (AMENDMENT NO. 10)*

                         THE ESTEE LAUDER COMPANIES INC.
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                                (NAME OF ISSUER)


        CLASS A COMMON STOCK,                         518439 10 4
 -------------------------------------   -------------------------------------
      PAR VALUE $.01 PER SHARE                      (CUSIP NUMBER)
   (TITLE OF CLASS OF SECURITIES)


                                DECEMBER 31, 2006
  -----------------------------------------------------------------------------
             (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)


CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE
IS FILED:

[_]  RULE 13D-1(B)
[_]  RULE 13D-1(C)
[X]  RULE 13D-1(D)

                              --------------------
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page. The information required in the
remainder of this cover page shall not be deemed to be "filed" for the purpose
of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).

                          Continued on Following Pages
                                Page 1 of 8 Pages
                         Exhibit Index Appears on Page 7

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CUSIP No.          518439 10 4            13G         Page 2 of 8 Pages
-----------------------------------------      --------------------------------

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      1        NAME OF REPORTING PERSONS:        JOEL S. EHRENKRANZ

               S.S OR I.R.S. IDENTIFICATION
               NO. OF ABOVE PERSONS (ENTITIES ONLY):
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      2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:*
                                                                         (A) [_]
                                                                         (B) [X]
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      3        SEC USE ONLY


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      4        CITIZENSHIP OR PLACE OF                  UNITED STATES OF AMERICA
               ORGANIZATION:

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    NUMBER OF      5  SOLE VOTING POWER:       0
      SHARES
                   ------------------------------------------------------------
   BENEFICIALLY    6  SHARED VOTING POWER:     3,995,336
     OWNED BY
                   ------------------------------------------------------------
       EACH        7  SOLE DISPOSITIVE POWER:  0
     REPORTING
                   ------------------------------------------------------------
   PERSON WITH     8  SHARED DISPOSITIVE       3,995,336
                      POWER:
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      9        AGGREGATE AMOUNT BENEFICIALLY   3,995,336
               OWNED BY EACH REPORTING PERSON:

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      10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES     N/A
               CERTAIN SHARES:*                                          [_]

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      11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 3.1%
                                                                   ** SEE ITEM 4
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      12       TYPE OF REPORTING PERSON:  IN
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*  SEE INSTRUCTIONS BEFORE FILLING OUT!





ITEM 1.    IDENTITY OF ISSUER

            (a)         The name of the issuer is The Estee Lauder Companies
                        Inc. (the "Issuer").

            (b)         The address of the Issuer's principal executive office
                        is 767 Fifth Avenue, New York, New York 10153.

ITEM 2.    IDENTITY OF PERSON FILING

            (a)-(c)(c)  This report is being filed by Joel S. Ehrenkranz with a
                        business address of 375 Park Avenue, New York, New York
                        10152 (the "Reporting Person"). The Reporting Person is
                        a citizen of the United States of America.

            (d)-(e)     This report covers the Issuer's Class A Common Stock,
                        par value $.01 per share (the "Class A Common Stock").
                        The CUSIP number of the Class A Common Stock is 518439
                        10 4.

ITEM 3.

            Not Applicable.

ITEM 4.    OWNERSHIP

            (a)         As of December 31, 2006, the Reporting Person
                        beneficially owned 3,995,336 shares of Class A Common
                        Stock as follows: (i) 368,441 shares of Class A Common
                        Stock and 1,914,608 shares of Class B Common Stock, par
                        value $.01 per share, of the Issuer (the "Class B Common
                        Stock") held indirectly as a co-trustee of the 1992 GRAT
                        Remainder Trust f/b/o William Lauder (the "WPL Remainder
                        Trust") and (ii) 368,441 shares of Class A Common Stock
                        and 1,343,846 shares of Class B Common Stock held
                        indirectly as co-trustee of the 1992 GRAT Remainder
                        Trust f/b/o Gary Lauder (the "GML Remainder Trust"). The
                        Reporting Person disclaims beneficial ownership of the
                        736,882 shares of Class A Common Stock and the 3,258,454
                        shares of Class B Common Stock held indirectly as a
                        co-trustee of the WPL Remainder Trust and the GML
                        Remainder Trust.

            (b)         Each share of Class B Common Stock is convertible at the
                        option of the holder into one share of Class A Common
                        Stock and is automatically converted into one share of
                        Class A Common Stock upon transfer to a person who is
                        not a Permitted Transferee, as that term is defined in
                        the Issuer's Certificate of Incorporation. Assuming
                        conversion of all such shares of Class B Common Stock
                        beneficially owned by the Reporting Person, the
                        Reporting Person would beneficially own 3,995,336 shares
                        of Class A Common Stock, which would constitute 3.1% of
                        the number of shares of Class A Common Stock
                        outstanding.



                               Page 3 of 8 Pages


                        Each share of Class A Common Stock entitles the holder
                        to one vote on each matter submitted to a vote of the
                        Issuer's stockholders and each share of Class B Common
                        Stock entitles the holder to ten votes on each such
                        matter, including the election of directors of the
                        Issuer. Assuming no conversion of any of the outstanding
                        shares of Class B Common Stock, the 736,882 shares of
                        Class A Common Stock and the 3,258,454 shares of Class B
                        Common Stock for which the Reporting Person has voting
                        power constitute 3.5% of the aggregate voting power of
                        the Issuer.

            (c)         The Reporting Person shares voting and dispositive power
                        with William P. Lauder and Gary M. Lauder, as
                        co-trustees of the WPL Remainder Trust and the GML
                        Remainder Trust, with respect to the 368,441 shares of
                        Class A Common Stock and the 1,914,608 shares of Class B
                        Common Stock owned by the WPL Remainder Trust, and the
                        368,441 shares of Class A Common Stock and the 1,343,846
                        shares of Class B Common Stock owned by the GML
                        Remainder Trust.

ITEM 5.    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

            Not Applicable.

ITEM 6.    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

            William P. Lauder and Gary M. Lauder, as co-trustees of the WPL
            Remainder Trust and the GML Remainder Trust, have the right to
            receive or the power to direct the receipt of dividends from, or the
            proceeds from the sale of, the 736,882 shares of Class A Common
            Stock and the 3,258,454 shares of Class B Common Stock owned by the
            WPL Remainder Trust and the GML Remainder Trust.

ITEM 7.     IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
            THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

            Not Applicable.

ITEM 8.    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

            The Reporting Person is a party to a Stockholders' Agreement (the
            "Stockholders' Agreement"), dated November 22, 1995, as amended,
            among the parties listed on Exhibit A attached hereto. The
            stockholders who are parties to the Stockholders' Agreement have
            agreed to vote in favor of the election of Leonard A. Lauder and
            Ronald S. Lauder and one designee of each as directors of the
            Issuer. The Stockholders' Agreement also contains certain
            limitations on the transfer of shares of Class A Common Stock. Each
            stockholder who is a party to the Stockholders' Agreement has agreed
            to grant to the other parties a right of first offer to purchase
            shares of Class A Common Stock of the stockholder in the event the
            stockholder intends to sell to a person (or group of persons) who is
            not a Lauder Family Member, as defined therein, except in certain
            circumstances, such as sales in a widely distributed underwritten
            public offering or sales made in compliance with Rule 144.


                               Page 4 of 8 Pages




ITEM 9.     NOTICE OF DISSOLUTION OF GROUP

            Not Applicable.

ITEM 10.    CERTIFICATION

            Not Applicable.


























                               Page 5 of 8 Pages




                                    SIGNATURE

       After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.



Date:  February 12, 2007          /s/ Joel S. Ehrenkranz
                                  -------------------------------
                                  Joel S. Ehrenkranz





















                               Page 6 of 8 Pages




                                  EXHIBIT INDEX

Exhibit A--   List of Parties to the Stockholders' Agreement






















                               Page 7 of 8 Pages




                                    EXHIBIT A

          List of Parties to the Stockholders' Agreement

Leonard A. Lauder, (a) individually and (b) as Trustee of The Estee Lauder 2002
Trust

Ronald S. Lauder, (a) individually, (b) as Trustee of The Descendents of Ronald
S. Lauder 1966 Trust and (c) as Trustee of The Estee Lauder 2002 Trust

William P. Lauder, (a) individually, (b) as Trustee of the 1992 GRAT Remainder
Trust f/b/o William Lauder and (c) as Trustee of the 1992 GRAT Remainder Trust
f/b/o Gary Lauder

Gary M. Lauder, (a) individually, (b) as Trustee of the 1992 GRAT Remainder
Trust f/b/o William Lauder, (c) as Trustee of the 1992 GRAT Remainder Trust
f/b/o Gary Lauder, (d) as custodian under the New York Uniform Transfers to
Minors Act for the benefit of Danielle Lauder, (e) as custodian under the New
York Uniform Transfers to Minors Act for the benefit of Rachel Lauder and (f) as
Trustee of the Gary M. Lauder Revocable Trust u/a/d as of August 10, 2000, Gary
M. Lauder, Settlor

LAL Family Partners L.P.

Joel S. Ehrenkranz, (a) as Trustee of the 1992 GRAT Remainder Trust f/b/o
William Lauder and (b) as Trustee of the 1992 GRAT Remainder Trust f/b/o Gary
Lauder

Richard D. Parsons, (a) as Trustee of the Trust f/b/o Aerin Lauder and Jane
Lauder u/a/d December 15, 1976, created by Estee Lauder and Joseph H. Lauder, as
Grantors, (b) as Trustee of the Trust f/b/o Aerin Lauder and Jane Lauder u/a/d
December 15, 1976, created by Ronald S. Lauder, as Grantor, (c) as Trustee of
the Aerin Lauder Zinterhofer 2000 Revocable Trust u/a/d April 24, 2000, Aerin
Lauder Zinterhofer, as Grantor, (d) as Trustee of the Aerin Lauder Zinterhofer
2004 GRAT and (e) as Trustee of the Jane A. Lauder 2003 Revocable Trust u/a/d
November 6, 2003, Jane A. Lauder, as Grantor.

Ira T. Wender, as Trustee of The Estee Lauder 2002 Trust

The Estee Lauder Companies Inc.

The Ronald S. Lauder Foundation

The Rockefeller Trust Company (Delaware) as Trustee of the Aerin
Lauder Zinterhofer 2004 GRAT








                               Page 8 of 8 Pages