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Estee 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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elcompanies.com broke the news in on Sunday, June 15, 2025.
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