He is the chairman emeritus of The Estée Lauder Companies Inc. He was chief executive until 1999. Today, Estée Lauder operates several brands in the cosmetic industry, including Estée Lauder, Clinique, MAC Cosmetics, Aveda, Bobbi Brown, Smashbox and La Mer.
In April 2013, he promised his collection of 81 Cubist paintings, works on paper, and sculptures, consisting of 34 pieces by Pablo Picasso, 17 by Georges Braque, 15 by Fernand Léger, and 15 by Juan Gris, to the Metropolitan Museum of Art in New York City.
Biography
Leonard Lauder is the elder son of Joseph and Estée Lauder and the elder brother of Ronald Lauder. His family is Jewish. He married Evelyn Hausner in July 1959. They had two sons: William, executive chairman of the Estée Lauder Companies, and Gary, managing director of Lauder Partners LLC.
He is a graduate of the Wharton School of the University of Pennsylvania, and he also studied at Columbia University’s Graduate School of Business before serving as a lieutenant in the U.S. Navy. He formally joined Estée Lauder in 1958 when he was 25.
Leonard Lauder gained notoriety in 2001 for creating the Lipstick index, a since discredited economic indicator.
On January 1, 2015, he married photographer Judy Ellis Glickman.
For many years, he has lived in an Upper East Side penthouse in Manhattan.
Source:wikipedia