American cosmetics billionaire Leonard Lauder (92) died

This article was last updated on June 17, 2025

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American cosmetics billionaire Leonard Lauder (92) died

Former CEO of Cosmetics Company Estée Lauder Companies, billionaire Leonard Lauder, died. He died last Saturday at the age of 92, the company announced today. Lauder was involved in the cosmetics company for more than sixty years and made it one of the largest players in the beauty industry.

The American Estée Lauder was founded in 1946 by Lauder’s parents and is named after his mother. She was the driving force behind the development of the face creams that the brand sold. In the 1950s she managed to make the brand popular with the launch of the still sold Youth Dew: a bath oil that can also be used as a perfume.

Oldest son Lauder came to the family business in 1958 after his service at the Navy. In the years that followed, he built it into a company with a whole portfolio of brands. He started the well -known skin care brand Clinique.

He also made a lot of acquisitions. Cosmetics companies Mac, Jo Malone and Bobbi Brown came into the hands of Estée Lauder, just like the exclusive La Mer.

The company recently created the beauty lines for fashion houses Balmain and Tom Ford. Lauder was ‘CEO in Rugste’, but still arrived at the head office in New York every day and in stores worldwide, the company writes.

Benefactor

In the United States, the entrepreneur was known for his charity. For years he was committed to research into breast cancer, Alzheimer’s and HIV, the virus that AIDS can cause.

He was also involved as a benefactor in various large museums. In 2013 he donated His cubist art collection on the Metropolitan Museum of Art in New York.