05/11/2010 10:14 am ET | Updated May 25, 2011

William Lauder Settles With Taylor Stein, Mother Of His Child

Just a month after finalizing his divorce from his wife of 23 years, Karen, former Estée Lauder CEO William Lauder worked out a deal with yet another woman in his life: his baby momma.

According to Page Six, Lauder settled a dispute with Taylor Stein, the mother of his two-year-old Djuna, over an agreement that would have paid Stein $9.5 million through the year 2017. Lauder had attempted to scrap the agreement.

Last year Lauder's lawyers filed a motion to keep all parties involved in the suit completely anonymous, a highly unusual move that raised some well-groomed eyebrows.