18 Facts About Leonard Lauder

Leonard Lauder: A Legacy in Beauty

Leonard Lauder, an influential figure in the beauty industry, has a life filled with fascinating stories and achievements. Here are some intriguing facts about him.

1. Leonard Lauder was born on March 19, 1933, in New York City. His mother, Estée Lauder, founded the Estée Lauder Companies, a global leader in skincare, makeup, and fragrance.

2. He graduated from the Wharton School of the University of Pennsylvania in 1954. His education laid a strong foundation for his future business endeavors.

3. Leonard joined the family business in 1958. He played a crucial role in expanding the company’s product lines and global reach.

4. He became the CEO of Estée Lauder Companies in 1982. Under his leadership, the company saw significant growth and innovation.

Contributions to the Art World

Beyond his business acumen, Leonard Lauder has made substantial contributions to the art world, particularly in the realm of modern art.

5. Leonard is an avid art collector, particularly of Cubist works. His collection includes pieces by Pablo Picasso, Georges Braque, and Juan Gris.

6. In 2013, he donated his collection of 78 Cubist works to the Metropolitan Museum of Art in New York. This donation is valued at over $1 billion.

7. He established the Leonard A. Lauder Fund in 2002. This fund supports the acquisition of modern art at the Whitney Museum of American Art.

8. Leonard also serves as a trustee of the Whitney Museum. His involvement has helped shape the museum’s direction and growth.

Philanthropy and Public Service

Leonard Lauder’s impact extends beyond business and art. His philanthropic efforts and public service have made a difference in various fields.

9. He co-founded the Alzheimer’s Drug Discovery Foundation in 1998. This foundation aims to accelerate the discovery of drugs to prevent, treat, and cure Alzheimer’s disease.

10. Leonard has donated millions to various educational institutions. His contributions support scholarships, research, and infrastructure development.

11. He served as a lieutenant in the U.S. Navy. His military service reflects his dedication to public service and his country.

12. Leonard is a member of the Council on Foreign Relations. This membership highlights his involvement in global policy discussions.

Personal Life and Interests

Leonard Lauder’s personal life and interests offer a glimpse into the man behind the business and philanthropy.

13. He married Evelyn Hausner in 1959. They had two sons, William and Gary, who have also been involved in the family business.

14. Leonard is known for his love of skiing. He often spends time in Aspen, Colorado, enjoying the slopes.

15. He has a passion for photography. Leonard’s keen eye for detail is evident in his collection of photographs.

16. Leonard authored a memoir, “The Company I Keep: My Life in Beauty.” This book provides insights into his life, career, and the beauty industry.

Honors and Recognition

Leonard Lauder’s achievements have not gone unnoticed. He has received numerous honors and recognition for his contributions.

17. He was inducted into the American Academy of Arts and Sciences in 2013. This honor recognizes his contributions to business, art, and philanthropy.

18. Leonard received the French Legion of Honor in 2015. This prestigious award acknowledges his impact on the arts and culture.

Leonard Lauder's Legacy

Leonard Lauder's impact on the beauty industry and philanthropy is undeniable. From steering Estée Lauder to global success to his generous contributions to art and education, his influence spans far and wide. His strategic acquisitions and innovative marketing transformed the company into a powerhouse. Beyond business, his dedication to the Whitney Museum of American Art and Alzheimer's research showcases his commitment to giving back. Lauder's life is a testament to the power of vision, hard work, and philanthropy. His story inspires future generations to blend business acumen with a heart for community service. Whether you're a budding entrepreneur or an art enthusiast, Leonard Lauder's journey offers valuable lessons on leadership, innovation, and the importance of leaving a positive mark on the world. His legacy continues to shape industries and lives, proving that success and generosity can go hand in hand.