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leonard lauder dead estee lauder art collecting 1234745163

Leonard Lauder, the eldest son of Estée Lauder and a billionaire cosmetics executive, died at age 92. He served as chairman emeritus of Estée Lauder Companies, having previously been president and CEO, and grew the company's sales from $800,000 to over $16 billion. A major art philanthropist, in 2013 he donated 81 Cubist works worth over $1 billion to the Metropolitan Museum of Art, including pieces by Picasso, Braque, Léger, and Juan Gris. He also served as chairman emeritus and trustee at the Whitney Museum.

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The Metropolitan Museum of Art's current "Cubism" exhibition showcases masterpieces from the Leonard A. Lauder Cubist Collection, featuring works by Pablo Picasso, Georges Braque, Juan Gris, and Fernand Léger. The show spans six galleries and presents some of the finest examples of Cubist art, including iconic pieces like Braque's *The Castle of La Roche-Guyon* (1909) and Picasso's *The Oil Mill* (1909). The exhibition is essentially a curated display of Lauder's promised gift to the Met, highlighting the "Four Horsemen" of Cubism while omitting the broader context of the movement's other pioneers, such as the Salon Cubists.

leonard lauders klimt painting fetches sothebys 2713549

A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.