Leonard Alan Lauder was born on March 19,1933 and is an American billionaire, philanthropist, art collector.
15 Facts About Leonard Lauder
1.
2.
In 2013, Leonard Lauder promised his collection of Cubist art to The Metropolitan Museum of Art.
3.
Leonard Lauder is the elder son of Joseph and Estee Lauder and the elder brother of Ronald Lauder.
4.
Leonard Lauder formally joined Estee Lauder in 1958 when he was 25.
5.
Leonard Lauder created the company's first research and development laboratory in the mid-1990s and was responsible for the company acquiring brands like MAC, Bobbi Brown and Aveda.
6.
Under his leadership in the late 1980s, Estee Leonard Lauder opened its first store in Moscow with support from the Gosbank daughter the Moscow Narodny Bank Limited in London.
7.
Leonard Lauder stepped down as CEO of Estee Leonard Lauder in 1999, but remains Chairman Emeritus of the company and is known around the company as "Chief Teaching Officer".
8.
Leonard Lauder gained notoriety in 2001 for creating the Lipstick index, a since discredited economic indicator, meant to reflect a proclivity to spend money on luxury items even in the face of crisis.
9.
On January 1,2015, Leonard Lauder married photographer Judy Ellis Glickman.
10.
Leonard Lauder is a major art collector, but his particular focus, rather than on American artists, is on works by the Cubist masters Picasso, Braque, Gris, and Leger.
11.
Leonard Lauder bought a building at 16 East 46th Street along with a partner, letting the building's storefront space to the Gotham.
12.
Leonard Lauder has long been a major benefactor of the Whitney Museum of American Art.
13.
Leonard Lauder became president in 1990 and has been chairman since 1994.
14.
Leonard Lauder has donated both money and many works of art to the Whitney, and is the museum's most prolific fundraiser.
15.
Leonard Lauder is co-founder and chairman of the Alzheimer's Drug Discovery Foundation, 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.