Leonard Lauder | |
---|---|
Born |
Leonard Alan Lauder March 19, 1933 U.S |
Residence | Manhattan, New York City, U.S |
Nationality | American |
Alma mater |
University of Pennsylvania (BS) Columbia University (MBA) |
Occupation | Businessman, art collector, humanitarian |
Known for | Chairman Emeritus of Estee Lauder |
Net worth | US$10.1 billion (July 2017) |
Spouse(s) |
Evelyn Hausner (1959.07-2011, 2 sons) Judy Ellis-Glickman (2015.01.01-) |
Children |
William P. Lauder Gary Lauder |
Parent(s) | Joseph & Estée Lauder |
Relatives |
Ronald Lauder (brother) |
Leonard A. Lauder (born March 19, 1933) is an American businessman.
He is the chairman emeritus of The Estée Lauder Companies Inc. He was chief executive until 1999. Today, Estée Lauder operates several brands in the cosmetic industry, including Estée Lauder, Clinique, MAC Cosmetics, Aveda, Bobbi Brown, Smashbox and La Mer.
In April 2013, he promised his collection of 81 Cubist paintings, works on paper, and sculptures, consisting of 34 pieces by Pablo Picasso, 17 by Georges Braque, 15 by Fernand Léger, and 15 by Juan Gris, to the Metropolitan Museum of Art in New York City. Lauder's net worth as of 2017 is estimated to be $ 10.1 Billion.
Leonard Lauder is the elder son of Joseph and Estée Lauder and the elder brother of Ronald Lauder. His family is Jewish. He married Evelyn Hausner in July 1959. They had two sons: William, executive chairman of the Estée Lauder Companies, and Gary, managing director of Lauder Partners LLC.
He is a graduate of the Wharton School of the University of Pennsylvania, and he also studied at Columbia University's Graduate School of Business before serving as a lieutenant in the U.S. Navy. He formally joined Estée Lauder in 1958 when he was 25.