Latest news with #JosephLauder
Globe and Mail
15 hours ago
- Business
- Globe and Mail
Estee Lauder chairman emeritus Leonard Lauder dies at 92
Estee Lauder said on Sunday that its chairman emeritus, Leonard Lauder, died on Satuday at the age of 92. Lauder joined the company in 1958 and played a key role in transforming the business from a handful of products sold under a single brand in U.S. stores to a multi-brand cosmetics giant. He was the son of company founders Estee Lauder and Joseph Lauder. He served many roles at Estee Lauder over six decades and led the launch of many brands including Aramis, Clinique and Lab Series, the company said.
Daily Mail
16 hours ago
- Business
- Daily Mail
Heir to billion-dollar beauty empire dies aged 92
Leonard Lauder, who for 17 years ran beauty behemoth Estée Lauder after his mother's death, has died aged 92. The American businessman was the eldest son of Estée Lauder, after whom the cosmetics brand she founded is named, and her husband Joseph. Lauder, along with his much-younger brother Ronald, 81, inherited control of the company from their parents. He was most recently estimated to be worth $32.3 billion, as of September 2021, making him at the time the 44th richest person in the world. Lauder died on Saturday, the company said without specifying a cause of death. More to come.
