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#282 Billionaire

Leonard Lauder

Leonard Lauder
$10.2B
+$529M (+5.5%)
US · Age 92 · Deceased
Source of wealth: Estee Lauder
Industry: fashion-retail
{ "bio": [ "Leonard Lauder spent three decades running his family's publicly traded cosmetics giant, Estée Lauder.", "The elder son of the eponymous makeup maven, Lauder joined his mother's company in 1958.", "He created the company's first R&D laboratory and started acquiring brands like MAC, Bobbi Brown and Aveda in the mid-1990s.", "Lauder stepped down as CEO in 1999. He is now chairman emeritus and is known around the company as \"Chief Teaching Officer.\"", "He and his brother, Ronald, co-chair the Alzheimer's Drug Discovery Foundation, which has awarded over $209 million to fund trials in 19 countries." ], "about": [ "Lauder gifted his massive Cubist art collection, worth more than $1 billion, to the Metropolitan Museum of Art in 2013.", "In April 2016, the newly designed home of New York City's Whitney Museum of American Art was named in his honor.", "Lauder wrote \"The Company I Keep: My Life in Beauty,\" a memoir about his time at Estée Lauder, which hit the shelves in November 2020." ] }

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