Leonard Lauder

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Leonard Alan Lauder (born March 19, 1933 in the USA ) is an American businessman who was head of his parents' company, the Estée Lauder Companies , until 2009 . He is a patron of the arts and a billionaire.

Life

Leonard Lauder is the son of Joseph and Estée Lauder and the older brother of Ronald Lauder . He received his Bachelor of Science degree from the Wharton School of the University of Pennsylvania and then graduated from the Graduate School of Business at Columbia University in New York . He also served in the United States Navy . In 1958, Lauder joined his parents' company, where he was the company president from 1972 to 1995 and the chief executive officer (CEO) from 1982 to 1999 . From 1995 to 2009 he was Chairman of the Board of Directors and subsequently assumed the title of Emeritus Chairman, which he still holds today. Among other things, Leonard Lauder was responsible for setting up his own research laboratories in his parents' company, international expansion (with a branch in London as early as 1960), the launch of new brands and innovative marketing strategies. His wife Evelyn took on an important role at his side in the family business and was most recently responsible for perfume development and marketing. Leonard Lauder is the inventor of the lipstick index .

Private

In 1959 Leonard Lauder married Evelyn Hausner , who, like him, was of Jewish faith and whom he had met on a blind date in 1955. The marriage resulted in two sons: William P. Lauder (* 1960), who has been CEO of the family company since 2004, and Gary Lauder (* 1962), who made a career as a lawyer outside the company. After Evelyn Lauder's death in 2011, Leonard Lauder became engaged to the director of the Brooklyn Public Library, Linda E. Johnson, who was 25 years his junior in 2012, separated from her in 2013 and in 2014 married the five years younger wife of his long-term friend Al, who died in 2013 Glickman, Judith Glickman. Lauder is a five-time grandfather through his two sons.

A life with art

At the age of six, Lauder began collecting works of art with Art Deco- style postcards . In the course of his life he built up a large collection of images of Cubism . He bequeathed this collection, a total of 78 works by Pablo Picasso , Georges Braque , Fernand Léger and Juan Gris , to the New York Metropolitan Museum of Art in April 2013 . An exhibition of the donated works took place there in autumn 2014.

Lauder has been a consultant and supporter of the Whitney Museum of American Art in Manhattan , New York City, since 1971 , to which he donated the amount of US $ 131 million a few years ago. He also financed some of the museum's exhibitions. The exhibition rooms on the fifth floor of the museum bear the name of the Lauders.

Since 2001, Leonard Lauder's younger brother Ronald Lauder has shown his own art collection in addition to temporary exhibitions in his Neue Galerie New York Museum for German and Austrian Art , which was redesigned by the German architect Annabelle Selldorf in the Upper East Side of Manhattan .

In 2002 Lauder was elected to the American Academy of Arts and Sciences .

In public life

exhibition

literature

Web links

Individual evidence

  1. Executive profiles: Leonard Lauder elcompanies.com, accessed: June 28, 2017
  2. Cosmetics billionaire Leonard Lauder, 81, will marry artist girlfriend in January - after splitting from former fiancee less than a year ago October 23, 2014
  3. ^ Information on the exhibition of the Leonard Lauder Collection in the Metropolitan Museum of Art