It's a Tom Ford lipstick. I don't know, man, I feel like Estée Lauder believes the name justifies the outrageous price tag. Don't get me wrong, it's a really nice lipstick with great ingredients, it goes on smooth, doesn't bleed into fine lines even without a lipliner and feels comfortable with a solid staying power. However, I can get that same effect from a $10 Sephora lipstick. I guess you're paying for the name and luxe packaging.
It's not cruelty-free, Tom Ford Beauty tests on animals (as required by all Estee Lauder) plus the outrageous price tag. If you received it as a gift, fine, but don't think you NEED this in your life. There are equally nice lippies at a much lower price point that are cruelty-free and vegan.