Leonard Lauder, the son of Estee Lauder and a prominent figure in the cosmetics industry, has passed away at the age of 92. He played a significant role in expanding the family business into a global brand, leaving a lasting legacy.

Joining the company in 1958 after serving in the US Navy, Leonard rose through the ranks to become president and chief executive, contributing to the transformation of the business over six decades.

He was instrumental in Estee Lauder's transition from a local brand to an international powerhouse, overseeing the launch of popular brands like Clinique and Aramis. Additionally, his expertise in acquisitions led to the successful integration of Bobbi Brown and Jo Malone London into the company's portfolio.

Leonard Lauder's impact extended beyond the business realm, as he was deeply committed to his employees and the beauty industry as a whole. His dedication to innovation and best practices set new standards in the industry.

Throughout his tenure, Leonard established the company's first research and development laboratory and spearheaded its expansion into Europe and Asia. His contributions were invaluable in shaping Estee Lauder's global presence.

Born in New York City in 1933, Leonard Lauder's net worth peaked at over £18bn in 2021, according to Forbes. He served as Estee Lauder's chief executive and chairman, leaving a profound impact on the company's growth and success.

Stephane de la Faverie, the brand's current CEO, expressed deep sorrow over Leonard Lauder's passing, highlighting his significant contributions to the industry. Leonard's vision and energy will continue to inspire future generations within the company.

Leonard Lauder's legacy also extends to his personal life, having been married to Evelyn, a notable executive who founded the Breast Cancer Research Foundation. His second wife Judy, along with his children, grandchildren, and great-grandchildren, survive him.