Leonard Lauder

(Newser) - Leonard A. Lauder, who helped transform his family's cosmetics business into a global powerhouse and went onto to become a major philanthropist, has died at age 92, reports the BBC . The son of company founders Estee and Joseph Lauder died at home in Manhattan on Saturday, per the...

(Newser) - New York's Whitney Museum announced yesterday that its chairman, the cosmetics executive Leonard Lauder, would donate $131 million to boost the institution's endowment. The gift is a transformational sum for the museum, which is devoted to American modern art, and one of the largest donations ever made to a museum...

(Newser) - Estée Lauder might be a massive, publicly owned company, but it’s also a family business, tightly controlled by the Lauder clan—until now. On Monday, it will welcome new president Fabrizio Freda, who will likely eventually replace CEO William Lauder—and become the first outsider to run the...