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Leonard Lauder, Estée Lauder built in one of the largest cosmetics in the world, is 92 years old.
Lauder entered his parents’ company in 1958 and has been conducting as a General Manager for 17 years. Hardmeiker was a success and bought the brand clinic, including Bobbi Brown and Mac.
“It was an icon and a pioneer, he earned respect all over the world. Its energy and perspectives helped us make up our company, and will continue, Stephane de la Faverie, Director General of Estée Lauder.
New York had a billion dollar fortune of $ 10.5 million (£ 7.5 million), according to the list of 2025 Rich forbes.
Lauder passed away on Saturday surrounded by his family, he said Estée Lauder in a statement.
Born in 1933, Estée and Joseph was the eldest son of Lauder. He worked as a lieutenant in the US Army before entering the family business.
At the time, the company’s annual sales were less than $ 1 million – around $ 11 million of money. It is currently a global giant cosmetics that act in 150 countries with sales of $ 15.6 million.
Lauder carried the company Spread in Europe and Asia And he created his first research and development laboratory.
He took a public company in 1995, rose by 33% in the first day of New York negotiation.
Lauder stepped as a CEO in 1999. He was involved with business and the president was rendered until he died.
Celebrity and employer have tribute to Lauder.
Elizabeth Hurley, who got his first modeling work, said Instagram said: “I called my American daddy and I can’t imagine a world without him.”
Steve Forbes said the editor of Forbes Media, Lauderk “lived a good life, and his passage is a world loss.”
“It will feel his legacy to generation generation,” Mike Bloomberg said Mike Bloomberg, Mike Bloomberg.
Far from business, it was a hobby of lauder art. In 2013, he committed a collection of cubic artwork in New York metropolitan artwork.
He was a defender for cancer research and served as honorary president of the Board of Directors at the Breast Cancer Research Foundation.