Leonard Lauder Bio
Leonard Lauder (Leonard Alan Lauder) is an American billionaire businessman and also a art collector with a net worth of $13.2 billion. He is also the chairman emeritus of The Estée Lauder Companies Inc. Back then Lauder was chief executive officer until 1999.
Estée Lauder operates numerous brands in the cosmetic industry, which include Estée Lauder, Clinique, MAC Cosmetics, Aveda, Bobbi Brown and Smashbox and La Mer. In April 2013, Lauder assured his collection of 81 Cubist paintings, works on paper including sculptures, consisting of 34 pieces by Pablo Picasso, 17 by Georges Braque, 15 by Fernand Léger, and also 15 by Juan Gris, to the Metropolitan Museum of Artin New York City.
Leonard Lauder is the oldest son of Joseph and Estée Lauder and the elder brother to 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.
Lauder gained notoriety in 2001 for creating the Lipstick index, a since discredited economic indicator. On January 1, 2015, he married photographer Judy Ellis Glickman. For many years, he has lived in an Upper East Side penthouse in Manhattan.
Leonard Lauder Age
Leonard Lauder Net Worth
Leonard Lauder Sons
Leonard together with his late wife Everlyn Lauder have two sons namely William Philip Lauder who is an American billionaire businessman and also the executive chairman of The Estée Lauder Companies. Estee Lauder is one of the world’s leading manufacturers of skin care, make-up, fragrance including hair care products.
Lauder joined The Estée Lauder Companies in the year 1986 as the regional marketing director of Clinique USA in the New York Metro area. Their second son is known as Gary Lauder who works as the Managing Partner of Lauder Partners LLC, a Silicon Valley-based venture capital firm which investigates primarily in information technologies. He has also been a venture capitalist since 1985, investing in some 60 private companies.
Leonard Lauder Collection
In an interview in The New York, Lauder expounded on how postcards turned him into a collector, and how these “mini-masterpieces” remained his lifelong pursuit to the point of where his late wife, Evelyn, called the collection his “mistress.”
Lauder’s interest in postcards made him to be acquainted with one of the owners of the Gotham Book Mart, a Manhattan bookstore, as he sought to help the Gotham re-establish its presence in the city when the owner had already sold its long ago building and needed a new space. Lauder bought a building at 16 East 46th Street together with a partner, letting the building’s storefront space to the Gotham.
Later, the Gotham fell behind on rents, eventually which resulted in Lauder and his partner to file for eviction. In a much-publicized closure of the bookstore, the New York City Marshal then auctioned the store’s inventory, which was bought in a lot by Lauder together with his partner to some protest from many other independent book sellers including collectors who were present at the proceedings and hoping to purchase some of the bibliophilic treasures.
Leonard Lauder Judy Glickman|Remarry
Lauder, the former Chairman of the Estée Lauder Companies was married to Evelyn Lauder, his first wife from 1959 until her death in 2011 while she was at the age of 75. He then remarried in 2015 with Judith Ellis Glickman at the Ritz-Carlton beach club in Sarasota, Fla.
Leonard Lauder Breast Cancer
Mrs. Lauder, together with Dr. Norton and her husband, Leonard, committed then and there to change that believing that the research was the way forward and founded BCRF on the belief that funding was the only obstacle standing between breast cancer and its cure.
Back then, Mrs. Lauder was diagnosed with early-stage breast cancer. She then chose to channel her experience into action. A model of resolve, Mrs. Lauder took it upon herself in 1989 to help establishing a state-of the-art breast and diagnostic center at New York’s Memorial Sloan Kettering Cancer Center, where she was also a board member.
The facility, which is well known today as the Evelyn H. Lauder Breast Center, set a new nationwide standard for cancer care offering the most up-to-date prevention, diagnosis and treatment services under one roof.
Leonard Lauder Palm Beach House|House
Leonard Lauder Palm Beach House Photo
Leonard Lauder Quotes
- When you live in the shadow of a big tree, you have to run twice as fast to get into the sunlight.
- I’m not a builder of buildings, I’m a builder of collections.
- A visionary is someone who can see the future, or thinks he sees the future. In my case, I use it and it comes out right. That doesn’t come from daydreams or dreams, but it comes from knowing the market and knowing the world and knowing people really well and knowing where they’re going to be tomorrow.
- I love that works of art are printed so that anyone can buy them. The variety of what they put on little postcards astounds me.
- If tomorrow all of America were to become paternalistic, we would beat the Japanese every day of the week. I think that the concept of accusing someone of running a paternalistic company, that’s not an accusation. One should compliment someone on that.
- The best advice I ever got came from my mother, Estee Lauder: She believed that if you had something good to say, you should put it in writing. But if you had something bad to say, you should tell the person to his or her face.
- My mother always used to say when picking up a product, ‘Would you give this to the Duchess of Windsor?’ Well, that’s lovely. But the Duchess of Windsor is dead.
- No one stopped buying I.B.M. because Tom Watson wasn’t there, but they stopped buying Elizabeth Arden because she wasn’t there.