In the 93rd year of life, Leonard Lauder, the honorary chairman of the board of directors of Estee Lauder and the eldest son of the founders of the famous cosmetic brand, died. On Sunday, June 15, reported on the official website of Estee Lauder.

. reports the death of the Honorary Chairman of the Board of Directors of Leonard A. Lauder. He passed away on June 14 at the age of 92, in the circle of his family, ”the statement said.

. He was educated at the Higher Scientific School in Bronx, the Warton Business School, Colombian University, and was also trained at the US Navy Officer School. After the service by the lieutenant in the Navy in 1958, he joined the family business.

. In 1972, he headed Estee Lauder as the president, later became the general director, and from 1995 to 2009 he headed the board of directors. It was during his leadership that the company entered the international level and conducted a successful IPO in 1995.

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. According to Forbes for 2024, the family of Lauders had approximately $ 26 billion.

. In 2014, he handed over to the Metro Museum in New York one of the world's largest collections of cubistic painting, which included 33 works by Pablo Picasso.

. The latter is part of the board of directors of Estee Lauder.

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