Leonard Lauder

Leonard Lauder
Born
Leonard Alan Lauder

(1933-03-19) March 19, 1933 (age 91)
U.S
Alma materUniversity of Pennsylvania (BS)
Columbia University (MBA)
Occupation(s)Businessman, art collector,
Known forChairman emeritus, Estee Lauder
Spouses
​
​
(m. 1959; died 2011)​
Judy Ellis Glickman
​
(m. 2015)​
Children2, including William P. Lauder
MotherEstée Lauder
RelativesRonald Lauder (brother)
Aerin Lauder Zinterhofer (niece)
Jane Lauder Warsh (niece)

Leonard Alan Lauder (born March 19, 1933) is an American billionaire, philanthropist, art collector. He and his brother, Ronald Lauder, are the sole heirs to the Estée Lauder Companies cosmetics fortune, founded by their parents, Estée Lauder and Joseph Lauder, in 1946.[1] Having been its CEO until 1999, Lauder is the chairman emeritus of The Estée Lauder Companies Inc.[2] During his tenure as the CEO, the company went public at The New York Stock Exchange in 1996 and acquired several major cosmetics brands, including MAC Cosmetics, Aveda, Bobbi Brown, and La Mer.[3][4]

In 2013, Lauder promised his collection of Cubist art to The Metropolitan Museum of Art. The collection is valued at over $1 billion and constitutes one of the largest gifts in the museum's history.[5]

Bloomberg Billionaires Index estimated Lauder's net worth at US$32.3 billion as of September 2021, the 44th richest person in the world.[6]

  1. ^ "The Lauder Family". www.elcompanies.com.
  2. ^ "Page Not Found". www.elcompanies.com. Archived from the original on October 27, 2010. {{cite web}}: Cite uses generic title (help)
  3. ^ "Investors". www.elcompanies.com.
  4. ^ "Key Moments". www.elcompanies.com.
  5. ^ Vogel, Carol (April 9, 2013). "A Billion-Dollar Gift Gives the Met a New Perspective (Cubist)". The New York Times.
  6. ^ "Bloomberg Billionaires Index: Leonard Lauder". Bloomberg.com. Retrieved September 22, 2021.