Leonard Lauder, son of Estee Lauder and former CEO of the cosmetics giant, passed away at age 92. Lauder, a key figure in expanding the family business globally, joined in 1958 and led its transformation from a small firm to a multinational corporation with $15.6 billion in annual sales. He spearheaded acquisitions of Clinique, Bobbi Brown, and MAC, took the company public, and established its first R&D lab. Tributes poured in from celebrities and business leaders, praising his impact on the industry and philanthropy.
Prepared by Christopher Adams and reviewed by editorial team.
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