How rich is Leonard Lauder?
Leonard Lauder Net Worth:
|Birth date:||March 19, 1933|
|Birth place:||New York City, New York, United States|
|Nationality:||United States of America|
|Spouse:||Evelyn Lauder (m. 1959–2011)|
|Children:||William P. Lauder|
|Parents:||Estée Lauder, Joseph Lauder|
Leonard Lauder wiki & biography:
The Chronicles of Leonard Lauder
American businessman Leonard Lauder has an estimated net worth of $8.1 billion as of March 2013 according to Forbes.
Leonard Lauder was born onJuly 3, 1933 inNew York City, New York, United States. He attendedColumbia University’s Graduate School of Businessafter studying atWharton School of the University of Pennsylvania.
In 1958, he officially joinedEste Lauder at age 25. In 1999, he stepped down as the organization ‘s chief executive officer though he stays to be a part of the board. In the year 2012, he sold his mother and wife’s jewelry which earned an collected sale of $22 million.
Leonard Lauder is well known to possess some finest cubist paintings in the whole world which include”Bare Girl in an Armchair”, a Picasso masterpiece manufactured in 1909. In April 2013, he was reported to give 78 cubist paintings to the New York-basedMetropolitan Museum of Art. The well-known collection he contributed to the museum include14 byFernand Lger,14 byJuan Gris,17 byGeorges Braque, and 33 masterpieces of Picasso.
Leonard A. Lauder (created March 19, 1933) is an American businessman. He is the chairman emeritus of The Este Lauder Companies Inc. He was chief executive until 1999. Now Este Lauder manages several brands in the cosmetic business including Este Lauder, Clinique, MAC Cosmetics, Aveda, Bobbi Brown, Smashbox and La Mer. In April 2013, he donated his collection of 78 pieces of Cubist painting, consisting of 33 pieces by Pablo Picasso, 17 by Georges Braque, 14 by Fernand Lger, and 14 by Juan Gris, to the Metropolitan Museum of Art in New York City.
Lauder has for a long time been a major benefactor of the Whitney Museum of American Art. In 1971, he joined the museum’s acquisitions board and in 1977, by then president of his family’s business, he became a Whitney trustee. He’s contributed both money and several works of art to the Whitney, and is the museum’s most prolific fundraiser. His 2008 donation to it of $131 million is the largest in the museum’s history. Through the Leonard and Evelyn Lauder Fund, he and his wife have sponsored several exhibitions at the Whitney. The fifth floor permanent collection galleries are named for the couple. Most recently Lauder gave $131 million for the Whitney’s endowment. A longtime supporter of the Metropolitan Museum of Art in New York, Lauder led the creation of a research center for Modern art in the museum, which he helped support through a $22 million endowment made alongside museum trustees and other benefactors. In April 2013, he donated his collection of 78 pieces of Cubist art, consisting of 33 pieces by Pablo Picasso, 17 by Georges Braque, 14 by Fernand Lger, and 14 by Juan Gris to the museum; collectively, they can be valued at more than one billion dollars. It’s been described by William Acquavella, of Acquavella Galleries, as “without doubt the main set any private individual has put together in many, many years,”