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December 2, 2008 9:40:22 PM CST


Leonard Lauder

Leonard Lauder news stories

2 Stories

 Lauder Gives Whitney
 Museum $131M 

Massive donation requires Whitney to stay in landmark building

(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 endowment. But Lauder's gift has a catch, writes the New York Times : he's requiring the museum to halt plans to move out of its famous building on Madison Avenue. More »

More about:  art Ronald Lauder Whitney Museum Leonard Lauder Lauder family philanthropies

Changes in Lauder Dynasty Hardly Cosmetic

Incoming prez and CEO-apparent is first from outside family

(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 cosmetics giant. The Wall Street Journal takes a look at the complicated family politics. More »

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