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Leonard Alan Lauder is a well-known American art collector, philanthropist, and business magnate born on March 19, 1933. The Estée Lauder Companies, a cosmetics business, was established in 1946 by their parents, Estée Lauder and Joseph Lauder. He and his brother, Ronald Lauder, are the only heirs to the money that the company has amassed.
Lauder is now the chairman emeritus of The Estée Lauder Companies Inc., having served as the company’s CEO up until 1999. During his time as CEO, the firm went public in 1996 on the New York Stock Exchange and purchased numerous well-known cosmetics companies, such as MAC Cosmetics, Aveda, Bobbi Brown, and La Mer. He was also responsible for the company’s first public offering.
In 2013, Lauder committed to donating artwork in his collection to The Metropolitan Museum of Art. The group is one of the most significant donations in the museum’s history, with an estimated worth of over one billion dollars. According to the Bloomberg Billionaires Index, Lauder’s net worth as of September 2021 was projected to be $32.3 billion, placing him as the 44th wealthiest person in the world.
Lauder is the eldest son of Joseph and Estée Lauder and the eldest brother of Ronald Lauder. Lauder was also the older brother of David Lauder. Jewish heritage runs throughout his family. In July of 1959, he tied the knot with Evelyn Hausner. William Lauder, the executive chairman of The Estée Lauder Companies, and Gary Lauder, the managing director of Lauder Partners LLC, are their two sons. Before he joined the United States Navy and attained the rank of lieutenant, he earned a business administration degree from the Wharton School of the University of Pennsylvania and the Graduate School of Business at Columbia University.
In 1958, at 25, he started working for Estée Lauder. In the middle of the 1990s, he established the first research and development laboratory for the firm. He was also the driving force behind the company’s acquisition of well-known brands such as MAC, Bobbi Brown, and Aveda. Estée Lauder launched its first shop in Moscow in the late 1980s under his direction, with the assistance of Gosbank’s daughter bank, the Moscow Narodny Bank Limited in London.
Lauder stepped down from his role as CEO of Estée Lauder in 1999, although he continues to serve as the company’s chairman emeritus. He is also known as the “Chief Teaching Officer” inside the organization. In 2001, Lauder earned attention for creating the Lipstick Index, an economic indicator that has since been ridiculed. The index represented a predisposition to spend on luxury despite a financial crisis.
He has been a Manhattan’s Upper East Side resident for many years. Lauder tied the knot with photographer Judy Ellis Glickman on the first of 2015. In contrast to his brother, Leonard Lauder, he lent his support to Kathy Hochul’s first bid for the governorship of New York in 2022. Lauder is a significant art collector (he started by purchasing Art Deco postcards when he was only six years old). Still, the works of Cubist masters like Picasso, Braque, Gris, and Léger are where he focuses his attention the most rather than those of American artists.
Additionally, he has a Klimt collection. A significant portion of his artwork was acquired from some of the most prestigious groups in the world, such as those belonging to Gertrude Stein, the Swiss financier Raoul La Roche, and the British art historian Douglas Cooper. 700 of his postcards were exhibited at the Museum of Fine Arts in Boston in 2012. This was just a tiny portion of the promised donation of 120,000 postcards he had produced to the museum: The Postcard Age presents a selection of works from Leonard A.
Lauder Collection. In an interview published in The New Yorker, Estee Lauder discussed how he became a collector via postcards and how acquiring these “mini-masterpieces” remained his lifetime quest to the point that his late wife Evelyn referred to the collection as his “mistress.” Lauder’s explanation was included in the article. The Newberry Library in Chicago received his collection of Oilette postcards, which Raphael Tuck & Sons produced, and he supported the digitization of those postcards. In 2019, the Newberry Library debuted the 26,000-item Tuck digital collection.
As a result of Lauder’s love of postcards, he became acquainted with one of the owners of the Gotham Book Mart, a bookshop located in Manhattan. Lauder then made it his mission to assist Gotham in re-establishing its presence in the city after learning that the owner had sold the store’s long-time building and needed a new location. Lauder and his business partner acquired a property on East 46th Street and leased the storefront space to Gotham. The address of the building was 16 East 46th Street.
The Gotham soon fell behind on its rent payments, which ultimately led Lauder and his partner to sue for eviction of their apartment. Many other independent booksellers and collectors were at the proceedings, hoping to purchase some of the bibliophilic treasure. However, the New York City Marshal auctioned the store’s inventory, which was later purchased in a lot by Lauder and his partner. The closure of the bookstore was widely publicized, and the auction was attended by many of these individuals. Lauder and his partner were met with some protests from these individuals.
Lauder has been a significant contributor to the Whitney Museum of American Art for a long time. In 1971, he became a member of the museum’s acquisitions board. In 1977, when he was already serving as president of the company his family had founded, he was appointed to Whitney’s board of trustees. In 1990, he was elected to the presidency, and he has held the chairmanship since 1994. He is the museum’s most successful fundraiser, giving Whitney money and many pieces of art as donations.
His gift of $131 million to the museum in 2008 is the most money anybody has ever given to the institution. He and his wife have supported several shows at the Whitney Museum of American Art via the Leonard and Evelyn Lauder Fund. The couple’s names have been given to the galleries on the fifth level that house the permanent collection. In 1998, he expressed to a writer working for The New York Times that his “dream job” would be to lead the Whitney Museum. The most recent donation made by Lauder to Whitney’s endowment was $131 million.
Lauder has been a devoted patron of the Metropolitan Museum of Art in New York City for a long time. He was the driving force behind establishing the museum’s study center for modern art, which he helped fund by contributing to an endowment of $22 million with other museum trustees and philanthropists. In April 2013, he committed to collecting 81 works from the Cubist artworks museum. The works include 34 by Pablo Picasso, 17 by Georges Braque, 15 by Fernand Léger, and 15 by Juan Gris. The collection is estimated to be worth more than one billion dollars.
William Acquavella, the owner of Acquavella Galleries, said that it is “without doubt the most important collection any private person has put together in many, many years” and he called it “without doubt the most important collection any private person has put together in many, many years.”An art historian, Emily Braun has worked as Leonard Lauder’s curator since 1987. Together with Rebecca Rabinow, she was one of the curators responsible for the display of Lauder’s Cubist collection at the Metropolitan Museum of Art in 2014.
Lauder is a member of the Council on Foreign Relations, a trustee of the Aspen Institute, chairman of The Aspen Institute International Committee, honorary chair of the Breast Cancer Research Foundation, and a member of the President’s Council of Memorial Sloan-Kettering Hospital. He is also the co-founder and chairman of the Alzheimer’s Drug Discovery Foundation.
The Evelyn H. Lauder Breast Center at Memorial Sloan-Kettering Cancer Center in New York City and the Breast Cancer Research Foundation were established with his wife Evelyn’s assistance. Both institutions are named after Evelyn H. Lauder. In February of 2022, he donated to the University of Pennsylvania for $125 million to create a new nurse practitioner school under Penn Nursing that would be offered without tuition.
Since 1998, when brothers Ronald and Leonard Lauder established the Alzheimer’s Drug Discovery Foundation amid their mother Estee’s struggle with Alzheimer’s disease, the wealthy Lauder family has invested heavily in Alzheimer’s research. Now, the Lauders are increasing the amount of work they put forward. According to a statement released Tuesday, the brothers and their children will donate $200 million to the foundation. William and Gary are Leonard’s sons, while Jane and Aerin are Ronald’s daughters. This will be the charity’s single most significant contribution in its history.
The Alzheimer’s Drug Discovery Foundation receives a donation of two hundred million dollars from Ronald and Leonard Lauder, the sons of Estee Lauder and the heirs to her namesake beauty brand. The company uses a concept called venture philanthropy, in which it finances initiatives with a high potential for both risk and reward. Then it reinvests the profits in research on creating new drugs. According to the ADDF, prominent donors such as Bill Gates and Jeff Bezos have supported the idea.
According to the organization, the donation of two hundred and fifty million dollars will assist in the Alzheimer’s Drug Development Foundation’s efforts to concentrate on introducing new pharmaceuticals to combat Alzheimer’s based on the biology of aging. In a statement, Ronald Lauder noted that as this study continues to advance, “we will have prevention programs to slow this disease before it even begins, diagnostic tools to tell us what each person’s disease looks like, and effective treatments to eradicate it for future generations.”
The nursing school at Hunter College received $52 million from the billionaire Leonard Lauder to enhance its nurse practitioner graduate program. A new community care nurse practitioner program will be named after the donor’s late wife, Evelyn Lauder; It will give yearly stipends of $30,000 to 25 students who vow to work in medically disadvantaged sections of New York. This program will be named after Evelyn Lauder.
Lauder’s Cubist collection is one of the most significant donations in the museum’s history. The group included 14 pieces by Juan Gris, 17 works by Georges Braque, and 14 works by Fernand Leger. According to The New York Times, it is worth one billion dollars; however, the publication needed to specify how it arrived at that amount. In the announcement, the museum did not provide any information on the value of the gift. In addition to it, the museum will set up the Leonard A.
The Lauder Research Center for Modern Art is made possible by an endowment worth $22 million and is supported by gifts from various donors, including Lauder himself. It will encourage academic research on contemporary art as well as Cubism. According to the Bloomberg Billionaires Index, Lauder, who served as both CEO and chairman of Estee Lauder, has a net worth estimated to be $8.4 billion—cubism and the art that comes after it is both essential.
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Leonard Lauder Contact Phone Number and Contact Details info
- Leonard Lauder Phone Number: (970) 925-2892
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- Personal Phone Number: (970) 925-2892
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Personal Facts and Figures
- Birthday/Birth Date: 19 March 1933
- Place of Birth: United States
- Wife/GirlFriend: Judy Ellis Glickman
- Children: William P. Lauder
- Age: 90 Years old
- Official TikTok: NA
- Occupation: Philanthropist
- Height: 174 cm
Facts
- Salary of Leonard Lauder: 1,790 crores USD
- Net worth: 1,790 crores USD
- Education: Yes
- Total TikTok Fans/Followers: Not Known
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| Leonard Lauder Contact Address, Phone Number, Email ID, Website | |
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| Phone Number | (970) 925-2892 |
| House address (residence address) | United States |
| Official Website | NA |
| Snapchat Id | NA |
| Whatsapp No. | NA |
| Personal No. | NA |
| Instagram Id | NA |
| Facebook Id | NA |
| Tinder Id | NA |
| Twitter Id | NA |
| TikTok | NA |
| Email Address | NA |
| Office Number | NA |
Some Important Facts About Leonard Lauder:-
- Leonard Lauder was born on 19 March 1933.
- His Age is 90 years old.
- His birth sign is Pisces.
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