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leonard lauder cubist obituary

Leonard A. Lauder, the billionaire art collector, philanthropist, and cosmetics magnate, has died at age 92. Lauder helped grow his mother Estée Lauder's namesake business into a global cosmetics empire, serving as president, CEO, and chairman. He was also one of the most significant art philanthropists of his era, donating a Cubist art collection valued at over $1 billion—including 78 works by Picasso, Braque, Léger, and Gris—to the Metropolitan Museum of Art in 2014, later expanded with additional works and funding for the Leonard A. Lauder Research Center for Modern Art. He also made the largest gift in Whitney Museum history in 2008, worth $131 million, and amassed a collection of 130,000 historic postcards promised to the Museum of Fine Arts, Boston.