Leonard Lauder Birthday & Fun Facts

Height, Age, Net Worth, Biography & More

Aashita Dhingra
Jan 31, 2024 By Aashita Dhingra
Originally Published on Jun 04, 2022
Edited by Charlene Flanagana
Fact-checked by Naman Khanna
Leonard Lauder, CEO of Estée Lauder Companies Inc and 44th richest person in the world.
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About Leonard Lauder

Leonard Alan Lauder is a philanthropist and art collector from the United States.

Estée Lauder and Joseph Lauder, the couple the established the cosmetic company in 1946, are Leonard's parents. The company's sole beneficiaries are Leonard Lauder and his sibling Ronald Lauder. 

Today, Leonard Lauder is the chairman emeritus of the Estée Lauder Companies; before being a chairman he served as the chief executive officer until 1999. Mac Cosmetics, Aveda, Bobbi Brown, and La Mer were among the leading cosmetic industry brands that his company purchased when he was CEO. In 1996 The company went public under The New York Stock Exchange.

Before joining the position of a Lieutenant in the US navy, Leonard Lauder completed his education at the University of Pennsylvania's Wharton School and Columbia University's Graduate School of Business. In 1958 when Leonard Lauder was 25 years old, he joined his parent's footsteps at their firm. After entering the firm, he became accountable for the company's acquisition of brands such as Mac, Bobbi Brown, and Aveda and established the company's first research and development laboratory. 

In the late '80s, Estée Lauder launched its first store in Moscow under Leonard's direction. In 1999, Leonard Lauder left his position as the CEO at Estée Lauder. Within the company, he was named Chief Teaching Officer when he shifted to being the chairman emeritus. Despite economic hardships in 2001, he created the company's 'Lipstick Index', a discredited economic statistic intended to demonstrate a predisposition to spend money on luxury things.

When Leonard Lauder was just six years old, he started purchasing Art Deco postcards. Since then, he's been an avid art collector. Cubist masters such as Picasso, Braque, Gris, and Leger are his primary interests rather than American painters. He collects collections of Gertrude Stein, Sweiss Banker Raoul La Roche, and British art historian Douglas Cooper, which originated from Klimt.

Leonard Lauder Net Worth, Earning and Spending Habits

What is Leonard Lauder's net worth?

Leonard Lauder's net worth as of 2022 is $20.9 billion, which makes him a Billionaire, based on his position as CEO of The Estée Lauder Companies.

How much does Leonard Lauder earn per year?

Although his precise annual income is unknown, we can construct a ballpark estimate based on his current positions as Chairman Emeritus at Estee Lauder Companies and as Co-Chairman at Alzheimer's Drug Discovery Foundation.

Height, Age, and Physical Attributes

How tall is Leonard Lauder?

It is uncertain how tall Leonard Lauder is.

How old is Leonard Lauder?

Leonard Lauder was born in the United States on March 19, 1933, and is now 89.

Childhood And Education

Leonard Lauder completed his schooling at Columbia University's Graduate School of Business and graduated from Wharton School of the University Of Pennsylvania.

Family, Romance, And Relationships

Who is Leonard Lauder's partner?

Leonard Lauder married Evelyn Hausner in 1959 until 2011 when Evely succumbed to breast cancer and died. They had two sons named William Lauder and Gary Lauder. His son William Lauder is currently the executive chairman of The Estée Lauder Companies, and his other son Gary Lauder is the managing director of Lauder Partners LLC. He also married photographer Judy Ellis Glickman on January 1, 2015.

Career And Professional Highlights

Best Known For…

Apart from being the CEO, Lauder is best known as the co-founder and chairman of the Alzheimer's Drug Discovery Foundation. He's the chairman of the Aspen Institute International Committee and their trustee, a council on Foreign Relations. He's a member of Memorial Sloan Kettering Hospital's president Council and the head of the Breast Cancer research foundation he founded with his wife, Evelyn. He established Evelyn H Lauder Breast Center in New York City at Memorial Sloan-Kettering Cancer Center. 

In 1990 Leonard Lauder was elected as a president and in 1994 as a chairman. While he was president of his family's business, Leonard joined Whitney's acquisition board in 1971 and became a trustee in 1977. He has been a prominent supporter of the Whitney Museum of American Art for many years. Whitney's permanent collection gallery, located on the fifth floor, is named after Leonard and his wife. Through his Leonard and Evelyn Lauder Fund, he supported many shows at Whitney.

Charity Work

In 2008 Leonard Lauder donated $131 million to the Whitney Museum of American Art, the museum's most significant history donation.

Lauder promised The Metropolitan Museum of Works his collection of Cubist art in 2013. The collection is worth more than one billion and is one of the museum's most significant gifts.

Leonard Lauder donated his collection of Raphael Tuck and Sons Oilette postcards to the Newberry Library in Chicago and paid for its digitization. In 2019 they debuted 26,000 items to the Tuck Digital Collection.

In February 2022, Leonard Lauder donated 125 million to the University of Pennsylvania to help launch a new tuition-free nurse practitioner school at Penn Nursing.

What awards has Leonard Lauder won?

Leonard Lauder received the American Academy of Achievement's Golden Plate Award in 2003. In 2017 he was honored with the Bronx Science Hall of Fame. In 2019 he won the Women's Leadership Award, and in 2020, he was honored with the World Retail Hall of Fame

Other Interesting Leonard Lauder Facts And Trivia

  • The owner of Gotham Book Mart, a Manhattan Bookstore, met Lauder, and Leonard offered to help the owner's long-time building, which was sold and needed a new location. He also helped with its re-establishment.
  • To the Whitney Museum of American Art, Leonard promised his collection of 81 Cubist art pieces worth one billion dollars in April 2013. The collection consisted of 34 pieces by Pablo Picasso, 15 by Fernand Léger, 15 by Juan Gris, and 17 by Georges Braque.
  • In 2011 The Lauder Family was awarded the prestigious Carnegie Medal of Philanthropy for their dedication to philanthropy and public service.
  • Evelyn Lauder, Lauder's wife, died of nongenetic ovarian cancer complications at home in Manhattan in 2011.

Leonard Lauder Birthday & Fun Facts Facts

Birth Name

Leonard Alan Lauder

Date of Birth

1933-03-18

Nationality

American

Place of Birth

New York City

Age

Occupation

Businessman, philonthropist

Education

Columbia University's Graduate School of Business

Net Worth

20900000000

Partner

Judy Ellis Glickman

Parents

Estee Lauder, Joseph Lauder

Siblings

Ronald Lauder
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Written by Aashita Dhingra

Bachelors in Business Administration

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Aashita DhingraBachelors in Business Administration

Based in Lucknow, India, Aashita is a skilled content creator with experience crafting study guides for high school-aged kids. Her education includes a degree in Business Administration from St. Mary's Convent Inter College, which she leverages to bring a unique perspective to her work. Aashita's passion for writing and education is evident in her ability to craft engaging content.

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