Leonard alan lauder biography
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He joined the family business in 1958; at the time it was closely held and generating less than $1 billion in sales.
Leonard Lauder Height, Weight, Religion, Net Worth, Age, Biography
About (Profile/Biography):
Leonard Alan Lauder was born on March 19, 1933, is an American businessman, philanthropist, and art collector.
“Yet, for me, they were defining.”
Lauder later graduated from Columbia University’s School of Business and, at 25, joined his family’s company.
Lauder was married to Evelyn Hausner from 1959 until her death in 2011. 1959, death 2011)
Judy Ellis Glickman (m. He led the company during the mid-1990s as it acquired brands including MAC, Bobbi Brown, and Aveda.
1999: Leonard Lauder retired in 1999 but remains Chairman Emeritus of Estée Lauder and is known as the "Chief Teaching Officer" around the company.
2001: Leonard Lauder gained notoriety for creating the Lipstick Index in 2001, which has since been discredited for reflecting a penchant for luxury purchases during economic recessions.
He is the son of Joseph Lauter and Estée Mentzer. He eventually ascended the ranks to become CEO in 1982, then chairman.
Leonard Lauder also philanthropies, having donated millions to many charitable causes, including the Breast Cancer Research Foundation he founded with his late wife, Evelyn Lauder.
Leonard Alan Lauder (1933 - 2025)
Descendants of Leonard Lauder
Biography
Leonard was born in 1933.
In addition, Lauder donated his collection of Cubist art to the Metropolitan Museum of Art in 2013. In 2013, he donated a renowned collection of 78 cubist artworks, including pieces by Picasso, Georges Braque and Juan Gris, valued at $1 billion, to the Metropolitan Museum of Art.
Scholars visited Lauder’s apartment on Manhattan’s Upper East Side to study his collection, which comprised pieces, Lauder told The Wall Street Journal in 2013, that “sing to me.”
His first collection, started as a boy, was of postcards.
His home is located on Manhattan's Upper East Side, where he has lived for many years.
2013: His collection included 81 Cubist pieces, including 34 Picassos, 17 Braques, 15 Légers, and 15 Griss, totaling more than a billion dollars in value.
Leonard Lauder Awards:
2003: Golden Plate Award
2017: Bronx Science Hall of Fame
2019: Women's Leadership Award
2020: World Retail Hall of Fame
Leonard Lauder Unknown Facts:
Leonard Lauder served as a commanding officer in the U.S.
Navy before joining Estée Lauder Companies. She had started the business in 1946 selling skin creams she made in her Queens, N.Y., kitchen.
Leonard Lauder Career:
1958: His first job with Estée Lauder was at age 25 in 1958.
The theory behind it is that women will buy high-end cosmetics in a recession because they are an affordable luxury relative to bigger-ticket items such as jewelry or clothes.
Lauder, at an event in 2014, described working for his mother, who retired in 1995 and died in 2004. “He worked every summer, every free moment.”
Lauder, generally seen in fastidiously coordinated suits, combined a hard-driving, workaholic style with charm and wit.
Having served as CEO until 1999, Lauder is now chairman emeritus of The Estée Lauder Companies Inc. In his capacity as CEO, MAC Cosmetics, Aveda, Bobbi Brown, and La Mer were acquired by the company. His brother, Ronald Lauder, and he are the sole heirs to the Estée Lauder Companies cosmetics fortune that their parents, Estée Lauder and Joseph Lauder, founded in 1946.
He eventually amassed more than 120,000, which he promised to the Museum of Fine Arts Boston.
Leonard Alan Lauder was born on March 19, 1933, in New York to Estée and Joseph Lauder. Two years later he wed Judy Ellis-Glickman, the widow of a close friend whom he’d known more than 30 years.
Lauder is survived by his sons William and Gary, and his wife.
Write to Sharon Terlep at [email protected]
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Leonard Lauder was an American billionaire, philanthropist, and collector.
She would introduce him as her son first, then note he also was the company president and command, “Comb your hair.”
He stood apart from his younger brother, Ronald, who spent two decades at the company but left for other ventures, which included a U.S. ambassadorship to Austria and an unsuccessful bid for New York City mayor in 1989.
One of Lauder’s sons, William, sits on the board and served as CEO for five years until 2009, stepping down amid turmoil at the company.