Leonard Lauder, chairman emeritus of Estée Lauder Companies and renowned philanthropist, passed away at 92. He joined the family business in 1958 and played a pivotal role in its growth from a small company to a global cosmetics giant with over $16 billion in annual sales. Lauder's leadership included expanding the brand portfolio, establishing research and development, and driving international expansion. A significant philanthropist, he donated his Cubist art collection to the Metropolitan Museum of Art, the largest single gift in the museum's history. He is survived by his wife, two sons, and other family members.
Prepared by Christopher Adams and reviewed by editorial team.
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