US EditionEstee Lauder Chairman Emeritus Leonard Lauder dies at 92
- Leonard Lauder, former chairman emeritus of Estee Lauder, died at age 92 on June 14, 2025, surrounded by family in New York.
- Lauder joined the family business in 1958 and ran it for nearly 40 years, growing it through strategic brand management and leadership.
- He credited success to slow store rollouts, fostering competition among brands called 'sibling rivalry,' and appointing talented female executives in 2020.
- His net worth fell from an estimated $26.2 billion in March 2023 to $15.6 billion in June 2025 due to a prolonged share price slump.
- Lauder’s legacy includes expanding Estee Lauder globally, launching major brands, supporting medical research, and promoting philanthropy through family foundations.
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Leonard Lauder: Estee Lauder's son, who built make-up company into global brand, dies
Leonard Lauder created the firm's first research and development laboratory, and was the "driving force" behind its expansion into Europe and Asia. At one point, he had a net worth above £18bn.
·United Kingdom
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American billionaire and philanthropist Leonard Lauder, son of the founder of the cosmetics company, died on Saturday 14 June.
·Paris, France
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